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While the top- and bottom-line numbers for Shake Shack (SHAK) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Shake Shack Inc. (NYSE:SHAK ) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Michael Oriolo - Vice President, FP&A & IR Rob Lynch - CEO Katie Fogertey - CFO Conference Call Participants Michael Tamas - Oppenheimer & Company Christine Cho - Goldman Sachs Brian Vaccaro - Raymond James Jeffrey Bernstein - Barclays Sharon Zackfia - William Blair Brian Mullan - Piper Sandler Andrew Charles - TD Cowen Peter Saleh - BTIG Brian Harbour - Morgan Stanley Jake Bartlett - Truist Securities Lauren Silberman - Deutsche Bank David Tarantino - Baird Andy Barish - Jefferies Jeff Farmer - Gordon Haskett Jim Sanderson - Northcoast Research Rahul Krotthapalli - JPMorgan Operator Greetings. Welcome to Shake Shack's Fourth Quarter 2024 Earnings Call.
Shake Shack capitalizes on liquidity after expanding its footprint with 43 new restaurants, driving strong revenue growth. Inflation narrows price gaps between QSRs and fast-casual dining, enhancing Shake Shack's value proposition and boosting consumer demand for its premium offerings. With stable cash levels and manageable debt, Shake Shack is well-positioned to sustain growth and finance expansion, targeting 1,500 company-operated restaurants.
Shares of Shake Shack (SHAK) surged Thursday morning after the company's fourth-quarter earnings topped estimates.
Shake Shack (SHAK) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.02 per share a year ago.
Shake Shack plans to open 45 new company-operated locations in 2025, with a path to operate up to 1,500 worldwide in the future.
Restaurant stocks are likely to have benefited from marketing initiatives, service digitization, new store openings and menu offerings in the fourth quarter of 2024.
The Investment Committee give you The Setup on some key earnings reporting this week.
Five U.S. restaurant stocks have strong revenues and earnings growth potential for 2025. These are: TXRH, SHAK, KRUS, SG, PBPB.
Evaluate the expected performance of Shake Shack (SHAK) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.