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Dec 28, 2022
Shake Shack Q4 2022 Earnings Report
Shake Shack's Q4 2022 financial performance was announced, revealing a mix of revenue growth and net losses.
Key Takeaways
Shake Shack's Q4 2022 total revenue increased by 17.4% to $238.5 million, driven by Shack sales and licensing revenue. System-wide sales also rose by 15.8%. However, the company reported an operating loss of $6.3 million and a net loss of $11.1 million, or a loss of $0.27 per share.
Total revenue increased by 17.4% to $238.5 million.
System-wide sales grew by 15.8% to $364.1 million.
Same-Shack sales increased by 5.1%.
The company opened 22 new domestic Company-operated Shacks and 13 new licensed Shacks.
Shake Shack
Shake Shack
Shake Shack Revenue by Segment
Forward Guidance
The earnings report does not include forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income