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Shake Shack Announces Third Quarter Financial Results 

Shake Shack Inc. today reported its financial results for the third quarter ended September 25, 2019, a period that included 13 weeks.

Financial Highlights for the Third Quarter 2019 compared to the Third Quarter 2018:

  • Total revenue increased 31.9% to $157.8 million.
  • Shack sales increased 31.5% to $152.4 million.
  • Same-Shack sales increased 2.0%.
  • Licensed revenue increased 43.3% to $5.4 million.
  • Shack system-wide sales increased 35.0% to $239.1 million.
  • Operating income was $8.2 million, or 5.2% of...

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