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Jun 26, 2024
Shake Shack Q2 2024 Earnings Report
Shake Shack's Q2 2024 performance improved with increased revenue and profitability.
Key Takeaways
Shake Shack reported a 16.4% increase in total revenue to $316.5 million, driven by growth in Shack sales and licensing revenue. System-wide sales rose by 13.5%, and same-Shack sales increased by 4.0%. The company's operating income and net income also saw significant improvements compared to the previous year.
Total revenue reached $316.5 million, a 16.4% increase year-over-year.
System-wide sales grew by 13.5% compared to 2023.
Same-Shack sales increased by 4.0% year-over-year.
Operating income rose to $10.8 million, up from $4.7 million in the prior year.
Shake Shack
Shake Shack
Shake Shack Revenue by Segment
Revenue by Segment
Shack Sales Revenue
CapyFin.comLicensing Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income