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Dec 27, 2023
Shake Shack Q4 2023 Earnings Report
Announced fourth quarter and fiscal year 2023 financial results.
Key Takeaways
Shake Shack reported a 20.0% increase in total revenue for the fourth quarter of 2023, reaching $286.2 million. System-wide sales increased by 21.4% to $442.1 million, and same-shack sales were up by 2.8%. The company reported a net income of $6.8 million, or $0.15 per diluted share.
Total revenue increased by 20.0% to $286.2 million.
System-wide sales grew by 21.4% to $442.1 million.
Same-Shack sales increased by 2.8%.
Net income was reported at $6.8 million, or $0.15 per diluted share.
Shake Shack
Shake Shack
Shake Shack Revenue by Segment
Forward Guidance
No forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income