Shake Shack (SHAK) reported $328.68 million in income for the quarter ended December 2024, representing a year-over-year enhance of 14.8%. EPS of $0.26 for a similar interval compares to $0.02 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $328.85 million, representing a shock of -0.05%. The corporate delivered an EPS shock of +4.00%, with the consensus EPS estimate being $0.25.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Shake Shack carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Shack counts – Licensed: 250 versus 252 estimated by 11 analysts on common.
- Identical-Shack gross sales development: 4.3% versus the 11-analyst common estimate of 4.3%.
- Shack counts – Home company-operated: 329 versus the 11-analyst common estimate of 329.
- Shack counts – System-wide: 579 versus the 11-analyst common estimate of 581.
- Shack counts – Worldwide licensed: 206 versus the nine-analyst common estimate of 208.
- Shack counts – Home licensed: 44 in comparison with the 44 common estimate based mostly on 9 analysts.
- Common weekly gross sales: $79 in comparison with the $76.52 common estimate based mostly on 5 analysts.
- Income- Licensing: $12.05 million versus $12.07 million estimated by 11 analysts on common. In comparison with the year-ago quarter, this quantity represents a +15.1% change.
- Income- Shack gross sales: $316.63 million versus the 11-analyst common estimate of $316.44 million. The reported quantity represents a year-over-year change of +14.8%.
- Shack system-wide gross sales: $500.70 million in comparison with the $498.52 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +13.3% 12 months over 12 months.
View all Key Company Metrics for Shake Shack here>>>
Shares of Shake Shack have returned -8.2% over the previous month versus the Zacks S&P 500 composite’s +2.6% change. The inventory at the moment has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
5 Shares Set to Double
Every was handpicked by a Zacks professional because the #1 favourite inventory to achieve +100% or extra in 2024. Whereas not all picks might be winners, earlier suggestions have soared +143.0%, +175.9%, +498.3% and +673.0%.
A lot of the shares on this report are flying below Wall Avenue radar, which supplies a fantastic alternative to get in on the bottom ground.
Today, See These 5 Potential Home Runs >>
Shake Shack, Inc. (SHAK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
