Shake Shack Q4 2024 Earnings Report
Key Takeaways
Shake Shack delivered a strong fourth quarter with revenue reaching $328.7 million, a 14.8% increase year-over-year. System-wide sales grew 13.3%, and same-store sales improved by 4.3%. The company achieved net income of $9.3 million and an adjusted EPS of $0.26, reflecting operational efficiency and expansion efforts.
Total revenue increased by 14.8% year-over-year to $328.7 million.
System-wide sales rose 13.3% to $500.7 million.
Same-store sales improved by 4.3% compared to Q4 2023.
Operating income reached $10.2 million, reflecting improved profitability.
Shake Shack Revenue
Shake Shack EPS
Shake Shack Revenue by Segment
Forward Guidance
Shake Shack expects continued revenue growth and expansion but remains cautious about rising operational costs and economic uncertainties.
Positive Outlook
- Strong system-wide sales momentum.
- Planned expansion of company-operated and licensed locations.
- Operational efficiencies expected to improve margins.
- Growth in digital and delivery sales channels.
- Continued investment in brand and customer experience.
Challenges Ahead
- Potential inflationary pressures on food and labor costs.
- Economic uncertainty affecting discretionary spending.
- Competition in the fast-casual dining sector remains high.
- Fluctuations in real estate and lease costs could impact expansion plans.
- Regulatory changes may lead to increased compliance costs.
Revenue & Expenses
Visualization of income flow from segment revenue to net income