Shake Shack (SHAK) Tops Q4 EPS by 7c; Guides Q1 Revs Below the Street
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Shake Shack Announces Fourth Quarter and Fiscal Year 2021 Financial Results
February 17, 2022 4:05 PM EST- Total Revenue in 4Q21 and FY21 of $203.3m and $739.9m respectively.
- Record System-wide Sales in 4Q21 and FY21 of $314.3m and $1.1b respectively, representing year-on-year growth of 42.5% and 47.6%, respectively excluding the impact of the 53rd accounting week in 2020.
- Same-Shack sales rose in 4Q21 20.8% vs 2020 and 2.2% vs 2019.
- 13 New Domestic Company-Operated Shack Openings in 4Q21, highlighted by our first drive-thru locations in Minnesota and Missouri.
- 36 New Domestic Company-Operated Shacks and 26 New Licensed Shacks in 2021.
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