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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
Revenue by Segment
Shack Sales Revenue
CapyFin.com Forward Guidance
The earnings report does not include forward guidance.