Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Shake Shack Inc. reported the fiscal fourth quarter ended December 28, 2022 results: revenue $238.5 million, net income Net loss attributable to Shake Shack Inc. of $10.7 million, EPS a loss of $0.27 per share.
- Period
- the fiscal fourth quarter ended December 28, 2022
- Revenue
- $238.5 million
- Net income
- Net loss attributable to Shake Shack Inc. of $10.7 million
- EPS
- a loss of $0.27 per share
- Result
- reported results
Exact text from the filing
Financial Highlights for the Fourth Quarter 2022: ▪ Total revenue of $238.5 million, up 17.4% versus 2021, including $229.9 million of Shack sales and $8.6 million of Licensing revenue. ▪ System-wide sales of $364.1 million, up 15.8% versus 2021. ▪ Same-Shack sales up 5.1% versus 2021. ▪ Operating loss of $6.3 million. • Shack-level operating profit (1) of $43.2 million, or 18.8% of Shack sales. ▪ Net loss of $11.1 million. • Adjusted EBITDA (1) of $19.3 million. ▪ Net loss attributable to Shake Shack Inc. of $10.7 million, or a loss of $0.27 per share. • Adjusted pro forma net loss (1) of $2.6 million, or a loss of $0.06 per fully exchanged and diluted share. ▪ Opened 22 new domestic Company-operated Shacks. Opened 13 new licensed Shacks, including locations in China, Japan, and Mexico.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Shake Shack Inc. reported the fiscal year ended December 28, 2022 results: revenue $900.5 million, net income Net loss attributable to Shake Shack Inc. of $24.1 million, EPS a loss of $0.61 per share.
- Period
- the fiscal year ended December 28, 2022
- Revenue
- $900.5 million
- Net income
- Net loss attributable to Shake Shack Inc. of $24.1 million
- EPS
- a loss of $0.61 per share
- Result
- reported results
Exact text from the filing
Financial Highlights for the Fiscal Year 2022: ▪ Total revenue of $900.5 million, up 21.7% versus 2021, including $869.3 million of Shack sales and $31.2 million of Licensing revenue. ▪ System-wide sales of $1,378.5 million, up 22.7% versus 2021. ▪ Same-Shack sales up 7.8% versus 2021. ▪ Operating loss of $26.9 million. • Shack-level operating profit (1) of $151.0 million, or 17.4% of Shack sales. ▪ Net loss of $26.0 million. • Adjusted EBITDA (1) of $70.5 million. ▪ Net loss attributable to Shake Shack Inc. of $24.1 million, or a loss of $0.61 per share. • Adjusted pro forma net loss (1) of $12.9 million, or a loss of $0.31 per fully exchanged and diluted share. ▪ Opened 36 new domestic Company-operated Shacks. Opened 33 new licensed Shacks, including locations in 4 new markets in China.
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