Shake Shack Announces Fourth Quarter and Fiscal Year 2019 Financial Results
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Shake Shack (SHAK) Tops Q4 EPS by 6c, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus
February 24, 2020 4:09 PM ESTShake Shack (NYSE: SHAK) reported Q4 EPS of $0.06, $0.06 better than the analyst estimate of $0.00. Revenue for the quarter came in at $151.4 million versus the consensus estimate of $153.14 million.
Fourth Quarter Total Revenue Grew 21.9% Fiscal 2019 Total Revenue Grew 29.4% Fiscal 2019 Same-Shack Sales Increased 1.3% System-wide Year-Over-Year Unit Growth of 32%Financial Highlights for the Fourth Quarter 2019:
Total revenue increased 21.9% to $151.4 million.
Shack sales increased 20.8% to $145.8 million.
Same-Shack sales decreased 3.6%.
Licensed revenue increased 58.6% to $5.6 million.
Shack system-wide sales increased 31.4% to $235.0 million.
Operating income was $0.5 million, or 0.3% of total... More
