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Earnings Call Summary | Shake Shack(SHAK.US) Q1 2024 Earnings Conference

Earnings Call Summary | Shake Shack(SHAK.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Shake Shack (SHAK.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/02 23:24  · 電話會議

The following is a summary of the Shake Shack Inc. (SHAK) Q1 2024 Earnings Call Transcript:

以下是Shake Shack Inc.(SHAK)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • Shake Shack reported Q1 total revenue of $290.5 million, up by 14.7% from last year.

  • Adjusted EBITDA was $35.9 million, a 30.2% growth from last year.

  • Restaurant level profit was $54.7 million, a 120 basis points improvement compared to last year.

  • System-wide sales reached a record $443 million for the quarter, a 12.3% increase YoY.

  • Projected total revenue for Q2 stands between $308.9 million to $314.3 million, representing a 13.6% to 15.6% YoY increase.

  • Licensing revenue was estimated between $10.9 million and $11.3 million.

  • Shake Shack's total revenue for Q1 2024 is expected to range from $1.22 billion to $1.25 billion, indicating a 12% to 15% growth YoY.

  • Shake Shack報告稱,第一季度總收入爲2.905億美元,比去年增長14.7%。

  • 調整後的息稅折舊攤銷前利潤爲3590萬美元,比去年增長30.2%。

  • 餐廳層面的利潤爲5,470萬美元,與去年相比提高了120個點子。

  • 本季度全系統銷售額達到創紀錄的4.43億美元,同比增長12.3%。

  • 第二季度的預計總收入在3.089億美元至3.143億美元之間,同比增長13.6%至15.6%。

  • 許可收入估計在1,090萬美元至1,130萬美元之間。

  • Shake Shack在2024年第一季度的總收入預計將在12.2億美元至12.5億美元之間,同比增長12%至15%。

Business Progress:

業務進展:

  • Eight new outlets were opened in the quarter under review, the company aims to open around 80 new Shacks this year.

  • Around half the restaurants managed to reduce wait times by a minimum of 15 seconds compared to last year.

  • Improvements in customer service, service speed, and product standardization are part of the company's focus areas.

  • Significant investments are being made in marketing initiatives and employee retention and career growth.

  • Operational improvements are expected to strengthen restaurant margins.

  • Shake Shack forecasts an increase in system-wide sales to $2 billion in 2024 under Randy Garutti's leadership.

  • Plans are ongoing for developing marketing and advertising strategies, focusing on brand campaigns and promotions.

  • The company looks forward to launching a new outlet in Canada and Pittsburg as its next major market.

  • 在本報告所述季度開設了八家新門店,該公司的目標是今年開設約80個新棚屋。

  • 與去年相比,大約一半的餐廳設法將等待時間減少了至少15秒。

  • 改善客戶服務、服務速度和產品標準化是公司重點領域的一部分。

  • 正在對營銷舉措、員工留用和職業發展進行大量投資。

  • 預計運營改善將提高餐廳的利潤率。

  • Shake Shack預測,在蘭迪·加魯蒂的領導下,2024年全系統銷售額將增加到20億美元。

  • 制定營銷和廣告策略的計劃正在進行中,重點是品牌活動和促銷。

  • 該公司期待在加拿大和匹茲堡開設新門店,作爲其下一個主要市場。

More details: Shake Shack IR

更多詳情: Shake Shack 紅外線

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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