Shake Shack(SHAK) - 2024 Q2 - Quarterly Results
Shake Shack(SHAK)2024-08-01 11:01
Exhibit 99.1 Shake Shack Announces Second Quarter 2024 Financial Results (1) (1) (1) ▪ Total revenue of $316.5 million, up 16.4% versus 2023, including $305.5 million of Shack sales and $11.0 million of Licensing revenue. ▪ System-wide sales of $483.7 million, up 13.5% versus 2023. ▪ Same-Shack sales up 4.0% versus 2023. ▪ Operating income of $10.8 million versus $4.7 million in 2023. • Restaurant-level profit of $67.1 million, or 22.0% of Shack sales. ▪ Net income of $10.4 million versus $7.2 million in 20 ...