SHAK Q2 2023 Earnings — Shake Shack Inc. Revenue & Financial Results | Market Cap Arena

SHAKShake Shack Inc.

$4B

Q2 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$272M+17.8% YoY

Gross Profit

$121M44.5% margin

Operating Income

$5M1.7% margin

Net Income

$7M2.6% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.1B

Stockholders' Equity

$406M

Cash & Equivalents

$204M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$272M	$231M	+17.8%
Gross Profit	$121M	$99M	+22.2%
Operating Income	$5M	-$819,000	+679.7%
Net Income	$7M	-$1M	+684.8%

Revenue Segments

Shack Sales

$262M96%

Sales-Based Royalties

$10M4%

Initial Territory and Opening Fees

$283,0000%