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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.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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