Earnings

Shake Shack (SHAK) earnings Q4 2023

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The Chicken Shack sandwich from Shake Shack.

Shake Shack

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Shake Shack stock.

Here’s how the company performed during the period, compared with estimates from LSEG, formerly known as Refinitiv:

  • Earnings per share: 2 cents vs. 1 cent expected
  • Revenue: $286.2 million vs. $280.3 million expected

For the last three months of 2023, Shake Shack reported a net income of $6.8 million, up from a loss of $8.1 million the year prior. Earnings per share increased to a 15-cent profit from a 20-cent loss during the year-ago period.

Adjusting for one-time items, Shake Shack reported earnings per share of 2 cents.

The burger chain also saw a 20% increase in revenue year over year…



Source cnbc.com

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