SHAK Q3 2024 Earnings — Shake Shack Inc. Revenue & Financial Results | Market Cap Arena

SHAKShake Shack Inc.

$4B

Q3 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$317M+14.7% YoY

Gross Profit

$145M45.9% margin

Operating Income

-$18M-5.7% margin

Net Income

-$10M-3.2% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$7M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$456M

Cash & Equivalents

$311M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$317M	$276M	+14.7%
Gross Profit	$145M	$123M	+18.4%
Operating Income	-$18M	$6M	-418.0%
Net Income	-$10M	$8M	-233.9%

Revenue Segments

Shack Sales

$305M96%

Sales-Based Royalties

$12M4%

Initial Territory and Opening Fees

$460,0000%