Categories Consumer, Earnings

Shake Shack (SHAK): Q4 2019 Earnings Snapshot

Shake shack
Photo by Thomas Habr on Unsplash

— Shake Shack (NYSR: SHAK) reported a loss of $0.06 per share in the fourth-quarter 2019 vs. breakeven expected.  

— Revenue grew 22% to $151.4 million, versus $153.14 million expected. Same-shack sales decreased 3.6%.

— Licensed revenue increased 58.6% to $5.6 million.

— For fiscal 2020, expects revenues of $712 million to $720 million, as same-shack sales is projected to see a low single digit decrease. 

— SHAK shares plunged 8.6% during aftermarket hours. 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  General Mills Inc. (GIS) Q1 2021 Earnings Call Transcript

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