Shake Shack (SHAK) Tops Q1 EPS by 3c
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Shake Shack Announces First Quarter 2022 Financial Results
May 5, 2022 4:05 PM EDTTotal revenue of $203.4 million, up 31.0% versus 2021, including $196.8 million of Shack sales and $6.6 million of Licensing revenue. System-wide sales of $309.5 million, up 35.6% versus 2021. Same-Shack sales up 10.3% versus 2021. Operating loss of $14.9 million. Shack-level operating profit(1) of $29.9 million, or 15.2% of Shack sales. Net loss of $11.3 million. Adjusted EBITDA(1) of $9.6 million. Net loss attributable to Shake Shack Inc. of $10.2 million, or a loss of $0.26 per share. Adjusted pro forma net loss(1),... More
