Shake Shack (SHAK) reported earnings on Thur 5 Nov 2015 (a/h)

** charts before earnings **

** charts after earnings **

 Shake Shack beats by $0.05, beats on revs; guides FY15revs above consensus; guides FY16 revs above consensus:

• Better than expected earnings and upbeat guidance.
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• Reports Q3 (Sep) earnings of $0.12 per share, $0.05 better than the Capital IQ Consensus of $0.07; revenues rose 67.5% year/year to $53.3 mln vs the $47.27 mln Capital IQ Consensus.
  • Same Shak Sales- Q3 17.1%; Q2 12.9%; 
  • Operating Profit- Q3 30.4%; Q2 30.3%; Q1 25.7%. 
  • Food & Paper Costs- Q3 29.1%; Q2 29.4%; Q1 30.5%.
  • Labor & Related Costs- Q3 23.7%; Q2 24.0%; Q1 25.2%. 
• Co issues upside guidance for FY15, sees FY15 revs of $189-190 mln vs. $180.33 mln Capital IQ Consensus Estimate (Prior $171-174 mln)
  • SHAK increased it's Same-Shack sales growth of 11-12% (Prior mid- to high-single digits).
  • SHAK new domestic company-operated Shacks to be opened in 2015 to 12 (Reaffirm).
• Co issues upside guidance for FY16, sees FY16 revs of $237-242 mln vs. $228.01 mln Capital IQ Consensus Estimate.
  • Sees Same Shak Sales Growth of 2.5-3.0%.