Earnings release
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Shake Shack Announces First Quarter 2021 Financial Results investor.shakeshack.com/investors-overview/news/press-release-details/2021/Shake-Shack-Announces-First Quarter - 2021 - Financial - Results / default.aspx OLMANIN SHAKE SHACK STROZENCUSTARDE Press Release Details 05/06/2021 THOT DAUGSA ULTRAMMIER ONE WAY S BURG WAY - Total Revenue Increased 8.5 % , to $ 155.3 million , Compared to First Quarter 2020 - Same - Shack Sales Up 5.7 % Compared to Same Period Last Year ; Fiscal April Up 86 % - Average Weekly Sales Show Significant Improvement , Exiting First Quarter 2021 at $ 68,000 in Fiscal March - Digital Channels Maintain 90 % Sales Retention In Fiscal April Versus Fiscal January as in - Shack Sales Grow Incrementally ; Company Owned App & Web Sales Grew ~ 230 % YoY in First Quarter 2021 NEW YORK -- ( BUSINESS WIRE ) -- Shake Shack Inc. ( “ Shake Shack " or the " Company " ) ( NYSE : SHAK ) today reported its financial results for the first quarter ended March 31 , 2021 , a period that included 13 weeks . Randy Garutti , Chief Executive Officer of Shake Shack , stated , " Spring has ushered in a great energy around the country and in our hometown of New York City . With COVID cases stabilizing and more regions steadily loosening restrictions , we are optimistic that improving trends can continue for our industry . " Garutti continued , " In the first quarter and so far through fiscal April , the positive momentum of our financial recovery continued . Total revenue was $ 155.3 million in the first quarter , up 8.5 % from last year , with average weekly sales improving to $ 64,000 compared to $ 62,000 in the fourth quarter 2020. We exited the first quarter 2021 with fiscal March average weekly sales of $ 68,000 , and moving into the second quarter 2021 , fiscal April improved slightly to $ 69,000 . We know that the return of business traffic , events and tourism to cities like NYC , Chicago and LA will be key to our full recovery . During the first quarter , we opened 10 domestic Company - operated Shacks and have 1/22