Shake Shack (SHAK) Tops Q4 EPS by 8c; Suburban Same-Shack Sales Nearly Flat

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Shake Shack Announces Fourth Quarter and Fiscal Year 2020 Financial Results

February 25, 2021 4:17 PM EST

- Suburban Same-Shack Sales Improved From Down 16% in the Third Quarter 2020, to Nearly Flat in the Fourth Quarter 2020, Exiting the Fiscal Year with Positive Year-on-Year Growth

- Sales for Company-Owned Digital Channels Continued Strong Growth Through the Third Week of Fiscal February 2021, up ~300% Year to Date Compared to Prior Year

- 35-40 New Domestic Company-Operated Shack Openings Planned for 2021 with Unit Development Targeted to Accelerate to 45-50 Openings in 2022

NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE:... More