Shake Shack (SHAK) Tops Q2 EPS by 6c, Comps Up 12.9%, Raises FY Revenue Guidance
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Shake Shack Announces Second Quarter 2015 Financial Results
August 10, 2015 4:01 PM EDT- Raises 2015 Outlook for Total Revenue, Same-Shack Sales and Number of New Domestic Company-Operated Shacks -
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK), today reported financial results for the second quarter ended July 1, 2015, a period that included 13 weeks.
Financial Highlights for the Second Quarter 2015:
Total revenue increased 74.7% to $48.5 million. Shack sales increased 77.9% to $46.6 million. Same-Shack sales increased 12.9%. Shack-level operating profit*, a non-GAAP measure, increased 110.9% to $14.1 million, or 30.3% of Shack sales.... More