SHAK•Shake Shack's third-quarter revenue rose 15% year over year to $423 million, while EPS increased to $0.39 and net income reached $16.5 million. It opened 21 company-operated and 16 licensed locations during the quarter.
Shake Shack reported third-quarter revenue of $423 million, up 15% year over year. EPS rose to $0.39, and net income increased to $16.5 million; adjusted net income was $17.8 million and adjusted EBITDA was $62.8 million.
The company opened 21 company-operated Shacks and 16 licensed Shacks during the quarter. Same-Shack sales increased 2.5% year over year. Shake Shack did not provide specific guidance for future quarters or full-year results in its press release.
