Shake Shack Q3 revenue $227.8M (+17.5% YoY); net loss $2.3M; same-Shack sales +6.3%

Shake Shack Inc.

2022-Q3 EPS reported -$0.34 revenue$661,957,000

Total revenue $227.8M, up 17.5% YoY; system-wide sales $353.2M, up 18.3% YoY.
Net loss of $2.3M; adjusted EBITDA $19.5M, up 23.5% YoY.
Same-Shack sales grew 6.3%, with urban SSS up 10.9% and suburban SSS up 2.2%.
Opened 2 Company-operated and 6 licensed Shacks in Q3; expects 35-40 Company-operated Shacks in FY2022.
Implemented blended 5%-7% menu price increase in mid-October to offset high single-digit food inflation.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Shake Shack Inc. reported the fiscal third quarter ended September 28, 2022 results: revenue $227.8 million, net income Net loss of $2.3 million, EPS a loss of $0.05 per share.

Period: the fiscal third quarter ended September 28, 2022
Revenue: $227.8 million
Net income: Net loss of $2.3 million
EPS: a loss of $0.05 per share
Result: reported results

Exact text from the filing

shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Shake Shack Announces Third Quarter 2022 Financial Results ▪ Total revenue of $227.8 million, up 17.5% versus 2021, including $219.5 million of Shack sales and $8.3 million of Licensing revenue. ▪ System-wide sales of $353.2 million, up 18.3% versus 2021. ▪ Same-Shack

View on SEC.gov

Browse all earnings releases →

Shake Shack Inc. filing history →

Source: SEC EDGAR

accession 0001620533-22-000079

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.