Shake Shack Q3 revenue up 15.9%

Shake Shack

30/10/2025 11:06

Overview

Shake Shack Q3 revenue rises 15.9% yr/yr, driven by Shack and licensing sales

Net income for Q3 improves to $13.7 mln from a loss in 2024

Company opened 20 new Shacks, expanding its footprint

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

REVENUE GROWTH - Total revenue increased 15.9% driven by Shack sales and licensing revenue

OPERATING INCOME - Shifted from an operating loss to an income of $18.5 mln, reflecting improved profitability

EXPANSION - Opened 13 new Company-operated Shacks and seven new licensed Shacks, contributing to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.30
Q3 Adjusted Net Income
$15.90 mln
Q3 Net Income
$13.70 mln
Q3 Adjusted EBITDA
$54.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 14 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Shake Shack Inc is $115.00, about 21.9% above its October 29 closing price of $89.81

The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 94 three months ago

Press Release: ID:nBw6MgmGCa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)