Shake Shack Inc. (SHAK) posted mixed fourth-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the same. However, the top and bottom lines increased on a year-over-year basis.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The quarter’s performance improved year over year attributable to growing sales volume and enhanced operations. Furthermore, increased company-operated and licensed store openings on a global scale, accompanied ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 25, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ______ Commission file number: 001-36823 _______________________ SHAKE SHACK INC. (Exact name of registrant as specified in its charter) __________________________ ...

Shake Shack Inc. (NYSE:SHAK) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Michael Oriolo - Vice President, FP&A & IR Rob Lynch - CEO Katie Fogertey - CFO Conference Call Participants Michael Tamas - Oppenheimer & Company Christine Cho - Goldman Sachs Brian Vaccaro - Raymond James Jeffrey Bernstein - Barclays Sharon Zackfia - William Blair Brian Mullan - Piper Sandler Andrew Charles - TD Cowen Peter Saleh - BTIG Brian Harbour - Morgan Stanley Jake Bartlett - Truist Secur ...

Key TakeawaysShake Shack shares jumped Thursday morning on better fourth-quarter earnings than analysts had expected.Sales across the fast casual burger chain came in roughly in line with estimates.Shake Shack said it was raising its long-term goal to 1,500 company-owned restaurants compared to the roughly 330 it operates now. Shares of Shake Shack (SHAK) surged Thursday morning after the company's fourth-quarter earnings topped estimates. Shake Shack's revenue was $328.7 million, up about 15% year-over-yea ...

Shake Shack (SHAK) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this burger chain would post earnings of $0.20 per share when it actually produced earnings of $0.25, delivering a surprise of 25%.Over the last four quarters, the company has su ...

Revenue and Sales Performance - Total revenue for 4Q24 was $328.7 million, and $1.3 billion for FY24, with Shack sales contributing $316.6 million in 4Q24 and $1.2 billion in FY24[2] - Same-Shack sales grew by 4.3% in 4Q24 and 3.6% in FY24 compared to 2023[2] - System-wide sales for 4Q24 were $500.7 million and $1.9 billion for FY24[2] - Licensing revenue for 4Q24 was $12.1 million and $45.0 million for FY24[2] Profitability and Margins - Restaurant-level profit margin reached 22.7% in 4Q24, the highest fourth quarter level since 2017, and 21.4% in FY24[2] - Adjusted EBITDA grew by 48% year-over-year in 4Q24, reaching $46.5 million, and $175.4 million for FY24[9] - For FY2025, the company expects total revenue growth of 16%-18%, restaurant-level profit margin of approximately 22%, and Adjusted EBITDA growth of 14%-20%[1] - The company's three-year financial growth targets include low-teens percentage growth in total revenue and system-wide unit growth, with restaurant-level profit margin at least approximately 22%[9] Expansion and Growth Targets - The company opened 43 new Company-operated Shacks in FY24, including 19 in 4Q24, and 33 new licensed Shacks, with 9 opened in 4Q24[9] - The company updated its long-term target for Company-operated Shacks to at least 1,500, up from the previous target of 450[5]

Shake Shack (SHAK) has been on a downward spiral lately with significant selling pressure. After declining 9.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...

Is Shake Shack (NYSE: SHAK ) biting off more than it can chew? Well, the answer is pretty tough. However, it seems that after releasing its preliminary results for the fourthI am an Equity Analyst and Accountant specializing in restaurant stocks, with a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our cover ...

Shake Shack Inc. (SHAK) released its preliminary financial results for the fourth quarter and fiscal year ended Dec. 25, 2024, showcasing notable progress.SHAK’s Q4 Preliminary ResultsShake Shack ended fiscal 2024 with total revenues of $1.3 billion, including $328.7 million in the fourth quarter. Shack sales contributed $1.2 billion for the year, while licensing revenues accounted for $45 million. System-wide sales reached $1.9 billion in fiscal 2024, with fourth-quarter system-wide sales totaling $500.7 m ...

Shake Shack (SHAK) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...