Shake Shack Announces Fourth Quarter and Fiscal Year 2020 Financial Results
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Shake Shack (SHAK) Tops Q4 EPS by 8c; Suburban Same-Shack Sales Nearly Flat
February 25, 2021 4:24 PM ESTShake Shack (NYSE: SHAK) reported Q4 EPS of ($0.03), $0.08 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $157.5 million versus the consensus estimate of $157.26 million.
Suburban Same-Shack Sales Improved From Down 16% in the Third Quarter 2020, to Nearly Flat in the Fourth Quarter 2020.
Randy Garutti, Chief Executive Officer of Shake Shack, stated, As we close the chapter on 2020, I\'m so grateful and proud of the way our Shack family has overcome the obstacles that came our way, and led the continued recovery of our business... More
