Shake Shack 4Q same-store sales increase boosts profit

Shake Shack 4Q same-store sales increase boosts profit

Same-store sales rose 11 percent during the quarter at the fast-casual burger chain

Shake Shack Inc. saw same-store sales rise 11 percent in the fourth quarter ended Dec. 30, the company said Monday.

The increase helped the chain turn a profit in the quarter. Net income increased to $1.2 million, or 8 cents per share, rising from a loss of $1.4 million, or 5 cents per share, in the same period a year ago. 

“We are very proud of what we have been able to accomplish in our first year as a public company,” Shake Shack CEO Randy Garutti said in a statemen

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