Shake Shack(SHAK) - 2023 Q3 - Earnings Call Presentation

Third Quarter 2023 Shareholder Letter 1 Garden City, RI Q3 2023 HIGHLIGHTS BUSINESS OVERVIEW THIRD QUARTER 2023 HIGHLIGHTS: • Total revenue grew 21.2% year-over-year to $276.2m. • Shack sales grew 20.7% year-over-year to$ 265.0m. • Licensing revenue grew 35.1% year-over-year to $11.2m. • System-wide sales grew 24.3% year-over-year to$ 438.9m. • Average weekly sales (AWS) grew 1.4% year-over-year to $74k. • Same-Shack sales (SSS) grew 2.3% year-over-year. • Operating income of$ 5.7m versus operating loss of ...