Shake Shack (SHAK) Tops Q4 EPS by 5c
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Shake Shack Announces Fourth Quarter and Fiscal Year 2022 Financial Results
February 16, 2023 7:00 AM ESTFinancial Highlights for the Fourth Quarter 2022:
Total revenue of $238.5 million, up 17.4% versus 2021, including $229.9 million of Shack sales and $8.6 million of Licensing revenue. System-wide sales of $364.1 million, up 15.8% versus 2021. Same-Shack sales up 5.1% versus 2021. Operating loss of $6.3 million. Shack-level operating profit(1) of $43.2 million, or 18.8% of Shack sales. Net loss of $11.1 million. Adjusted EBITDA(1) of $19.3... More