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Shake Shack(SHAK) - 2024 Q4 - Annual Results
2025-02-20 12:02
Revenue and Sales Performance - Total revenue for 4Q24 was $328.7 million, and $1.3 billion for FY24, with Shack sales contributing $316.6 million in 4Q24 and $1.2 billion in FY24[2] - Same-Shack sales grew by 4.3% in 4Q24 and 3.6% in FY24 compared to 2023[2] - System-wide sales for 4Q24 were $500.7 million and $1.9 billion for FY24[2] - Licensing revenue for 4Q24 was $12.1 million and $45.0 million for FY24[2] Profitability and Margins - Restaurant-level profit margin reached 22.7% in 4Q24, the highest fourth quarter level since 2017, and 21.4% in FY24[2] - Adjusted EBITDA grew by 48% year-over-year in 4Q24, reaching $46.5 million, and $175.4 million for FY24[9] - For FY2025, the company expects total revenue growth of 16%-18%, restaurant-level profit margin of approximately 22%, and Adjusted EBITDA growth of 14%-20%[1] - The company's three-year financial growth targets include low-teens percentage growth in total revenue and system-wide unit growth, with restaurant-level profit margin at least approximately 22%[9] Expansion and Growth Targets - The company opened 43 new Company-operated Shacks in FY24, including 19 in 4Q24, and 33 new licensed Shacks, with 9 opened in 4Q24[9] - The company updated its long-term target for Company-operated Shacks to at least 1,500, up from the previous target of 450[5]
After Plunging -9.61% in 4 Weeks, Here's Why the Trend Might Reverse for Shake Shack (SHAK)
ZACKS· 2025-02-11 15:35
Shake Shack (SHAK) has been on a downward spiral lately with significant selling pressure. After declining 9.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...
Shake Shack: Bigger Bites, Bigger Challenges
Seeking Alpha· 2025-01-24 13:15
Is Shake Shack (NYSE: SHAK ) biting off more than it can chew? Well, the answer is pretty tough. However, it seems that after releasing its preliminary results for the fourthI am an Equity Analyst and Accountant specializing in restaurant stocks, with a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our cover ...
Shake Shack Reports Q4 Preliminary Results, Provides FY2025 View
ZACKS· 2025-01-14 17:00
Shake Shack Inc. (SHAK) released its preliminary financial results for the fourth quarter and fiscal year ended Dec. 25, 2024, showcasing notable progress.SHAK’s Q4 Preliminary ResultsShake Shack ended fiscal 2024 with total revenues of $1.3 billion, including $328.7 million in the fourth quarter. Shack sales contributed $1.2 billion for the year, while licensing revenues accounted for $45 million. System-wide sales reached $1.9 billion in fiscal 2024, with fourth-quarter system-wide sales totaling $500.7 m ...
Shake Shack (SHAK) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-12-12 18:01
Shake Shack (SHAK) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...
Shake Shack Stock Rises 27% in Three Months: Is it a Good Time to Buy?
ZACKS· 2024-11-27 17:00
Shares of Shake Shack Inc. (SHAK) have rallied 26.7% in the past three months, significantly outperforming the 7.8% growth registered by the Zacks Retail - Restaurants industry. SHAK also outpaced the broader Retail-Wholesale sector and the S&P 500 index's 14.8% and 7.8% growth, respectively, during the same period.The company is benefiting from strong same-shack sales, digital initiatives and unit expansion efforts. Also, focus on strategic promotions and effective marketing campaigns, along with menu inno ...
Shake Shack: Proving Premium Is 'Worth It' In Fast Food's Exodus
Seeking Alpha· 2024-11-19 12:01
The ' Fast Food Exodus ' is real, and everything we're seeing in the LSR landscape has something to do with it. While some cry, others sell handkerchiefs. ShakeI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our coverage spans mult ...
Like Cava Group Stock? You Might Love This Restaurant Stock Even More.
The Motley Fool· 2024-11-14 10:07
Shake Shack is still a growth stock, and it offers a lot of potential upside.Cava Group (CAVA 1.57%) has been one of the hottest restaurant stocks to own this year. As of Nov. 12, the stock is up a mammoth 237%, wildly outperforming the S&P 500, which is by no means having a bad year with its year-to-date gain of 25%.However, investors may be concerned the stock is approaching its peak with a valuation that's just too rich. Cava trades at nearly 300 times its projected fiscal 2025 earnings (based on analyst ...
Shake Shack: Operational Excellence Is Shining Through
Seeking Alpha· 2024-11-04 21:54
Group 1 - The core viewpoint is that despite concerns about a potential recession in the U.S. economy due to slowing consumer spending, Shake Shack has demonstrated resilience as consumers continue to dine out [1] Group 2 - The article highlights the experience of Gary Alexander, who has a background in covering technology companies and advising startups, indicating a strong understanding of industry trends [1]
Why Investors Were Gorging on Shake Shack Stock This Week
The Motley Fool· 2024-11-01 22:05
Investors and analysts alike cheered the company's trailing-three-month performance.This week's news from hamburger slinger Shake Shack (SHAK 2.00%) was overwhelmingly positive -- hence the stock's double-digit gain over the past five trading days. According to data compiled by S&P Global Market Intelligence, it ended the week more than 12% higher in price. The major impetus to this gain was the company's latest set of quarterly results, accompanied by several analysts' target price raises.Shaking up a big ...