Shake Shack(SHAK) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Shake Shack Announces Third Quarter 2024 Financial Results (1) (1) (1) ▪ Total revenue of $316.9 million, up 14.7% versus 2023, including $304.9 million of Shack sales and $12.0 million of Licensing revenue. ▪ System-wide sales of $495.1 million, up 12.8% versus 2023. ▪ Same-Shack sales up 4.4% versus 2023. ▪ Operating loss of $18.0 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus operating income of $5.7 million in 2023. • Res ...