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Shake Shack's (SHAK) CEO Randy Garutti on Q1 2018 Results - Earnings Call Transcript

May 05, 2018 12:06 AM ETShake Shack Inc. (SHAK)1 Comment
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Shake Shack Inc. (NYSE:SHAK) Q1 2018 Results Conference Call May 3, 2018 5:00 PM ET


Josh Omin - VP of Finance and IR

Randy Garutti - President and CEO

Tara Comonte - EVP and CFO


Nicole Miller - Piper Jaffray

Sharon Zackfia - William Blair

Jake Bartlett - SunTrust

John Ivankoe - JP Morgan

John Glass - Morgan Stanley

Alton Stump - Longbow Research

Karen Holthouse - Goldman Sachs

Jeffrey Bernstein - Barclays


Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Shake Shack First Quarter 2018 Earnings Call. At this time, all participants have been placed in a listen-only mode and the lines will be opened for your questions following the presentation. Please note that this conference is being recorded today, May 3, 2018.

On the call today, from Shake Shack, we have Randy Garutti, Chief Executive Officer; Tara Comonte, Chief Financial Officer; and Josh Omin, Vice President of Finance and Investor Relations.

And now I'd like to turn the call over to Mr. Josh Omin.

Josh Omin

Thank you, operator. And good evening to everyone. By now you should all have access to our first quarter 2018 earnings release, which can be found in investor.shakeshack.com, in the Financial Info section. Additionally, we have posted supplemental first quarter 2018 earnings materials, which can be found in the Events & Presentations section on our site or as an exhibit to our 8-K for the quarter.

Before we begin our formal remarks, I need to remind everyone that our discussions today will include forward-looking statements, which are not guarantees of future performance, and therefore, you should not place undue reliance on them. Actual results may differ materially from those indicated by these forward-looking statements, due to a number of risks and uncertainties, including those discussed in the Risk Factors section

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