Shake Shack (SHAK) Tops Q1 EPS by 6c, Comps Increase 1.7%
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Shake Shack Announces First Quarter 2018 Financial Results
May 3, 2018 4:05 PM EDT- Total Revenue Grew 29.1% to $99.1 Million -
- System-wide Year-Over-Year Unit Growth of 32% -
- Same-Shack Sales Increased 1.7% -
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK) today reported its financial results for the first quarter ended March 28, 2018, a period that included 13 weeks.
Financial Highlights for the First Quarter 2018:
Total revenue increased 29.1% to $99.1 million. Shack sales increased 29.6% to $96.1 million. Same-Shack sales increased 1.7%. Operating income increased 15.7% to $6.5... More