SHAK Q3 2023 Earnings — Shake Shack Inc. Revenue & Financial Results | Market Cap Arena

SHAKShake Shack Inc.

$4B

Q3 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$276M+21.2% YoY

Gross Profit

$123M44.5% margin

Operating Income

$6M2.0% margin

Net Income

$8M2.8% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

-$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.1B

Stockholders' Equity

$416M

Cash & Equivalents

$190M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$276M	$228M	+21.2%
Gross Profit	$123M	$95M	+28.7%
Operating Income	$6M	-$5M	+217.2%
Net Income	$8M	-$2M	+476.8%

Revenue Segments

Shack Sales

$265M96%

Sales-Based Royalties

$11M4%

Initial Territory and Opening Fees

$329,0000%