Shake Shack posts double-digit comps gain in Q4

shake shack exterior

Same-store sales at Shake Shack rose 11.0 percent year over year during the fourth quarter, slowing somewhat from the growth rates the burger brand posted earlier in the year.

Net income at the chain grew to $1.2 million, rising on total revenues of $51.1 million, a 46.8 percent increase from the year-ago quarter, Shake Shack said Monday.

Its comps grew 13.3 percent throughout 2015 as a whole, a year during which the fast casual also went public

“2015 marked a record year for Shake Shack in nearly all metrics, and we will continue to execute our stated growth strategy and connect with our guests the world over,” CEO Randy Garutti said in a statement.

Shake Shack affirmed its previous guidance for 2016, anticipating comps growth in the 2.5-to-3-percent range.

Early in the current year, the chain took its first-ever chicken sandwich nationwide, a move that positioned the chain to compete with fried-chicken juggernaut Chick-fil-A, as well as Yum Brands' growing chicken concept Super Chix.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

The ongoing dangers of third-party delivery

The Bottom Line: The parent company of Tender Greens, which filed for bankruptcy this week, is laying part of the blame on its heavier reliance on delivery orders.

Technology

As restaurant tech consolidates, an ode to the point solution

Tech Check: All-in-one may be all the rage, but there’s value in being a one-trick pony.

Financing

Steak and Ale comes back from the dead, 16 years later

The Bottom Line: Paul Mangiamele has vowed to bring the venerable casual-dining chain back for more than a decade. He finally fulfilled that promise. Here’s a look inside.

Trending

More from our partners