SHAK Q2 2024 Earnings — Shake Shack Inc. Revenue & Financial Results | Market Cap Arena

SHAKShake Shack Inc.

$4B

Q2 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$316M+16.4% YoY

Gross Profit

$145M45.8% margin

Operating Income

$11M3.4% margin

Net Income

$10M3.1% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$21M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$462M

Cash & Equivalents

$302M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$316M	$272M	+16.4%
Gross Profit	$145M	$121M	+19.8%
Operating Income	$11M	$5M	+127.1%
Net Income	$10M	$7M	+39.1%

Revenue Segments

Shack Sales

$305M97%

Sales-Based Royalties

$11M3%

Initial Territory and Opening Fees

$392,0000%