Shake Shack(SHAK) - 2024 Q3 - Earnings Call Presentation

1 Third Quarter 2024 Shareholder Letter NOW SERVING: BLACK TRUFFLE BURGERS Q3 2024 HIGHLIGHTS BUSINESS OVERVIEW THIRD QUARTER 2024 HIGHLIGHTS: • Total revenue grew 14.7% year-over-year to $316.9m. • Shack sales grew 15.1% year-over-year to$ 304.9m. • Licensing revenue grew 7.1% year-over-year to $12.0m. • System-wide sales grew 12.8% year-over-year to$ 495.1m. • Average weekly sales (AWS) was +3% year-over-year at $76k. • Same-Shack sales (SSS) grew 4.4% year-over-year. • Operating loss of$ 18.0m, inclusive ...