SHAK - Fast Casual Restaurant Chain Shake Shack Posts Profit In Q3 With 21% Topline Growth | Benzinga
Shake Shack Inc (NYSE: SHAK) reported third-quarter FY23 sales growth of 21.2% year-on-year to $276.21 million, beating the analyst consensus estimate of $275.67 million.
System-wide sales grew 24.3%, and Same-Shack sales climbed 2.3%.
Operating income for the quarter was $5.7 million versus an operating loss of $(4.8) million a year earlier.
Adjusted EBITDA for the quarter was $35.8 million, up 80.7% Y/Y, with the margin expanding ...