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Jun 30, 2021
Shake Shack Q2 2021 Earnings Report
Total revenue increased, supported by in-shack sales growth, and same-shack sales also increased.
Key Takeaways
Shake Shack Inc. reported a significant increase in total revenue, driven by substantial in-shack sales growth and improved same-shack sales compared to the same period last year. The company's strategic plan focuses on evolving shack formats through physical and digital transformation to enhance the guest experience.
Total revenue increased by 104.2% to $187.5 million compared to the same period last year.
Same-Shack sales improved by 52.7% compared to the same period last year.
Operating income was $3.3 million, a significant improvement from the operating loss of $24.1 million in the same period last year.
Net income was $2.1 million, compared to a net loss of $18.0 million in the same period last year.
Revenue by Segment
Forward Guidance
The Company is providing revenue and sales guidance for the third quarter of 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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