Shake Shack Q4 System-wide Sales $442.1M, +21.4% Y/Y
Portfolio Pulse from Benzinga Newsdesk
Shake Shack reported a 21.4% year-over-year increase in system-wide sales for Q4, reaching $442.1 million.
February 15, 2024 | 12:05 pm
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Shake Shack's Q4 system-wide sales increased by 21.4% year-over-year to $442.1 million.
The significant year-over-year growth in system-wide sales for Shake Shack in Q4 indicates strong performance and potential positive investor sentiment. This growth is likely to be viewed positively by the market, potentially leading to an increase in SHAK's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100