Shake Shack beats by $0.01, beats on revs; guides FY16 rev in-line:
- Reports Q4 (Dec) earnings of $0.08 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.07; revenues rose 46.8% year/year to $51.1 mln vs the $50.09 mln Capital IQ Consensus.
- Same-Shack sales increased 11.0% for Q4 vs. ests near +7%, on a calendar basis, versus 7.2% growth in the fourth quarter last year.
- Co issues in-line guidance for FY16, sees FY16 revs of $237-242 mln vs. $240.54 mln Capital IQ Consensus; same shack sales +2.5-3.0% vs. estimates just above +3%; 13 new domestic Shacks and seven new licensed Shacks.
No comments:
Post a Comment