With Thursday morning's gains, the stock reached a new 52-week high of $95.80 and is up more than 50% in the last twelve months.
Earnings per share increased to a 15-cent profit from a 20-cent loss during the year-ago period.
Adjusting for one-time items, Shake Shack reported earnings per share of 2 cents.
The burger chain also saw a 20% increase in revenue year-over-year and opened 15 new restaurants during the quarter.
"Our leadership teams are energized and excited as we embark on our 2024 Strategic Priorities and target another year of strong growth and margin expansion."
Persons:
Shake Shack, Randy Garutti
Organizations:
Shake, Shack, Shake Shack
Locations:
LSEG