earnings
confidence high
sentiment positive
materiality 0.80
Shake Shack Q2 revenue $271.8M (+17.8% YoY); raises FY2023 EBITDA guidance to $120M-$130M
Shake Shack Inc.
2023-Q2 EPS reported
$0.13
revenue$525,083,000
- Total revenue $271.8M (+17.8% YoY); system-wide sales $426.3M (+21.2% YoY).
- Same-Shack sales +3.0% YoY; July SSS accelerated to +4.5%.
- Diluted EPS $0.16; adjusted pro forma EPS $0.18.
- Adjusted EBITDA $37.1M (+61.9% YoY); margin 13.6% of revenue.
- Raised FY2023 Adj. EBITDA guidance to $120M-$130M; Shack-level margin guide 19.25%-20.0%.