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Shake Shack’s Q4 comps rise 7.2%

Same-store sales for the Shake Shack retro burger chain rose year over year by 7.2 percent for the fourth quarter of 2014, but the company lost money, in large part because of the $1.1 million after-tax charge for preparing the chain’s initial stock offering.

The net loss totaled $1.4 million, on a 51.5 percent rise in revenues, to $34.8 million.

For the full year, Shake Shack posted a net income of $2.1 million on revenues of $118.5 million, a 43.7 percent increase from the prior year.

The company ended the year with 63 Shacks.

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