Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE: SHAK), today reported financial results for the fourth quarter and the fiscal year ended December28, 2016, periods that included 13 and 52 weeks, respectively.
Financial Highlights for the Fourth Quarter 2016:
Total revenue increased 43.5% to $73.3 million.Shack sales increased 43.8% to $70.9 million.Same-Shack sales increased 1.6%.Shack-level operating profit*, a non-GAAP measure, increased 29.9% to $18.0 million, or 25.4% of
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