Shake Shack same-store sales rise 17.1%

Shake Shack same-store sales rise 17.1%

Burger chain raises expectations for sales growth

Shake Shack Inc. said on Thursday that its same-store sales rose 17.1 percent in the third quarter ended Sept. 30, continuing the burger chain’s strong sales showing following its January initial public offering.

Total revenue increased 67.4 percent in the quarter to $53.3 million from $30.2 million due largely to those same-store sales and new restaurant openings, including four in the quarter and 12 for the year.

“The third quarter marked another strong quarter in te

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.