Shake Shack Inc. reported earnings results for the fourth quarter and full year ended December 27, 2023. For the fourth quarter, the company reported revenue was USD 286.24 million compared to USD 238.53 million a year ago. Net income was USD 6.77 million compared to net loss of USD 7.76 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to basic loss per share from continuing operations of USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to diluted loss per share from continuing operations of USD 0.2 a year ago.
For the full year, revenue was USD 1,087.53 million compared to USD 900.49 million a year ago. Net income was USD 19.81 million compared to net loss of USD 21.14 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to basic loss per share from continuing operations of USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to diluted loss per share from continuing operations of USD 0.54 a year ago.