NYSE$SHAK

Shake Shack Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Shake Shack reported strong sales comeback with record full year system-wide sales results and same-shack sales up versus 2019.

Shake Shack's Q4 2021 financial results showed a strong sales comeback with a 29.0% increase in total revenue to $203.3 million and system-wide sales growth. Same-Shack sales were up 20.8% versus 2020 and 2.2% versus 2019. The company opened 19 net system-wide Shacks.

  • Total revenue increased 29.0% to $203.3 million.
  • System-wide sales increased 31.9% to $314.3 million.
  • Same-Shack sales rose 20.8% vs 2020 and 2.2% vs 2019.
  • The Company opened 19 net system-wide Shacks.

Headline financials

Total Revenue

$203M

Previous: $158M+29.0%
EPS (adj)

-$0.11

Previous: -$0.03-266.7%
Same-Shack Sales Growth

20.8%

Previous: -17.4%+219.5%
System-Wide Sales

$314M

Previous: $238M+31.9%
Capital Expenditures

$32.6M

Previous: $22M+48.1%
Free Cash Flow

-$18M

Previous: -$13.2M-36.4%
Net Income

-$10.3M

Previous: -$20.3M+49.3%
Operating Income

-$6.5M

Previous: -$12.2M+46.8%
Gross Profit

$86M

Previous: $65.5M+31.4%
Cash & Equivalents

$302M

Previous: $147M+105.9%
Total Assets

$1.46B

Previous: $1.15B+27.3%
Stock-Based Comp

$2.74M

Previous: $1.5M+82.4%

Revenue & EPS history

Shake Shack · Revenue · Quarterly

$203M

Q4 2021+29%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Shake Shack · $196M total across 1 segment · Q4 2021

  • Shack sales
    $196M+28.5%

Forward guidance

The Company is providing revenue and sales guidance for the fiscal first quarter of 2022. Given the substantial uncertainty and resulting material economic impact caused by the COVID-19 pandemic, the Company is not providing full guidance for the fiscal year ending December 28, 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.1%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.8%

Avg return

30 days after

45%

22 / 49 earnings

Positive

+25.9%

Q4 2023

Best reaction

-28.6%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-28.6%-31.8%-45.8%
Q4 2025+6.4%+4.3%-11.7%
Q3 2025+1.6%+5.2%-2.6%
Q1 2025+1.1%+12.5%+47.9%
Q4 2024+11.1%-0.5%-18.5%
Q3 2024+7.1%+8.7%+17.7%
Q2 2024+10.1%+13.3%+13.5%
Q1 2024+4.0%+1.8%-8.2%
Q4 2023+25.9%+25.0%+32.8%
Q3 2023+3.9%+1.0%+7.7%
Q2 2023+5.2%+5.3%-6.6%
Q1 2023+24.1%+24.9%+29.9%
Q4 2022-6.3%-5.6%-6.4%
Q3 2022-9.5%-12.1%+0.0%
Q2 2022-5.3%-9.8%-14.6%
Q1 2022-8.7%-19.9%-20.8%
Q4 2021-8.5%-15.9%-13.0%
Q3 2021+19.9%+10.5%-8.0%
Q2 2021-2.0%-0.5%-7.4%
Q1 2021-15.8%-15.3%-16.0%
Q4 2020-5.5%-3.1%-8.2%
Q3 2020+2.0%+1.8%+24.9%
Q2 2020-11.5%-7.8%+23.0%
Q1 2020-4.8%+6.4%+7.6%
Q4 2019-15.7%-20.5%-41.9%
Q3 2019-19.3%-25.0%-27.4%
Q2 2019+15.2%+17.8%+38.9%
Q1 2019-1.3%-6.2%+0.6%
Q4 2018-0.8%-0.8%+6.0%
Q3 2018-10.8%-5.3%+5.0%
Q2 2018-9.4%-9.2%-2.8%
Q1 2018+18.3%+25.5%+27.2%
Q4 2017-4.1%-5.9%+3.5%
Q3 2017-5.4%-4.0%+7.5%
Q2 2017-6.3%-2.6%-7.5%
Q1 2017+6.3%+7.9%+11.0%
Q4 2016-1.8%-10.2%-6.8%
Q3 2016+13.1%+17.3%+17.0%
Q2 2016-7.8%-9.5%-17.4%
Q1 2016+9.6%
Q4 2013+7.0%
Q4 2015-11.3%
Q3 2014-5.0%
Q3 2015+2.2%
Q2 2014-4.3%
Q2 2015-4.3%
Q1 2014+10.7%
Q1 2015-0.2%
Q4 2014+4.4%
Q3 2013
Q2 2013
Q1 2013

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