Shake Shack, Inc. (SHAK) CEO Randall Garutti on Q4 2020 Results - Earnings Call Transcript

Feb. 25, 2021 10:52 PM ETShake Shack Inc. (SHAK) StockSHAK
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Q4: 2021-02-25 Earnings Summary

EPS of -$0.03 beats by $0.09
 | Revenue of $157.51M (4.01% Y/Y) beats by $476.39K

Shake Shack, Inc. (NYSE:SHAK) Q4 2020 Earnings Conference Call February 25, 2021 5:00 PM ET

Company Participants

Rik Powell - SVP, Finance
Randall Garutti - CEO & Director
Tara Comonte - President & CFO

Conference Call Participants

Lauren Silberman - Crédit Suisse
Jared Garber - Goldman Sachs Group
Michael Tamas - Oppenheimer
John Glass - Morgan Stanley
John Ivankoe - JPMorgan Chase & Co.
Christopher O'Cull - Stifel, Nicolaus & Company
Jeffrey Bernstein - Barclays Bank
Andrew Charles - Cowen and Company
Brian Mullan - Deutsche Bank

Operator

Greetings, and welcome to the Shake Shack Fourth Quarter 2020 Earnings Call. [Operator Instructions]. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Rik Powell, Senior Vice President of Finance and Investor Relations. Please go ahead, Mr. Powell.

Rik Powell

Thank you, Jerry. And good evening, everybody. Joining me for Shake Shack's conference call this evening is our CEO, Randy Garutti; and President and CFO, Tara Comonte. During today's call, we will discuss non-GAAP financial measures, which we believe can be useful in evaluating our performance. The presentation of this additional information should not be considered in isolation or as a substitute for the results prepared in accordance with GAAP. Reconciliations to comparable GAAP measures are available in our earnings release and the appendix to our supplemental materials.

Some of today's statements may be forward-looking. And actual results may differ materially due to a number of risks and uncertainties, including those discussed in our annual report on Form 10-K filed on February 24, 2020, and Form 10-Q filed on July 31, 2020. Any forward-looking statements represent our views only as of today, and we assume no obligation to update any forward-looking statements if our views change.

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