SHAK rides on menu hits, digital gains and bold expansion efforts for growth. Yet uncertain macroeconomic environment is a concern.
Shake Shack launches its first loyalty program amid economic uncertainty, offering $1 sodas and discounts to boost business through its app and website.
Shake Shack is reportedly launching its first loyalty program after completing a successful test earlier this year.
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Shake Shack's Q1 FY 2025 was its best ever, driven by strong real estate development, improved restaurant margins, and successful menu innovations. Despite a slowdown in same-store sales, Shake Shack's overall revenue grew by 10.5% year-over-year, with significant growth in emerging markets like Houston and Miami. Management expects continued growth with low single-digit same-store sales increases, 80-90 new Shack openings, and revenue projections of $1.4 billion to $1.5 billion for FY 2025.
SHAK's first-quarter 2025 results are aided by enhanced operations, menu innovation and store openings.
Shake Shack, Inc. (NYSE:SHAK ) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants Melissa Calandruccio - IR Rob Lynch - CEO Katie Fogertey - CFO Conference Call Participants Brian Vaccaro - Raymond James Christine Cho - Goldman Sachs Michael Tamas - Oppenheimer and Company Sharon Zackfia - William Blair Zach Ogden - TD Cowen Brian Mullan - Piper Sandler Jake Bartlett - Truist Securities Jim Sanderson - Northcoast Research Peter Saleh - BTIG Drew North - Baird Jeff Farmer - Gordon Haskett Chris O'Cull - Stifel Daniel Guglielmo - Capital One Securities Rahul Krotthapalli - JPMorgan Operator Good morning. Welcome to Shake Shack's First Quarter 2025 Earnings Call.
Although the revenue and EPS for Shake Shack (SHAK) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Shake Shack (SHAK) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.13 per share a year ago.
Shake Shack (SHAK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Loop Capital analyst Alton Stump says Shake Shack (NYSE: SHAK) could prove to be a safe haven amidst concerns of Trump tariffs and a potential recession in 2025.
Shake Shack Inc (NYSE:SHAK) stock is up 2% to trade at $89.89 at last check, after an upgrade at Loop Capital to "buy" from "hold.