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Shake Shack(SHAK) - 2024 Q2 - Quarterly Results
SHAKShake Shack(SHAK)2024-08-01 11:01

Exhibit 99.1 Shake Shack Announces Second Quarter 2024 Financial Results (1) (1) (1) ▪ Total revenue of 316.5million,up16.4316.5 million, up 16.4% versus 2023, including 305.5 million of Shack sales and 11.0millionofLicensingrevenue.Systemwidesalesof11.0 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 10.8millionversus10.8 million versus 4.7 million in 2023. • Restaurant-level profit of 67.1million,or22.067.1 million, or 22.0% of Shack sales. ▪ Net income of 10.4 million versus $7.2 million in 20 ...