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Shake Shack Just Filed For An IPO

Myles Udland   

Shake Shack Just Filed For An IPO
Stock Market1 min read

shake shack burgersShake Shack

Shake Shack just filed for an initial public offering.

Among the notable numbers is Shake Shack's revenue, which totaled $82.5 million for the fiscal year ended Dec. 25, 2013, and which totaled $83.8 million for the nine months ended Sept. 24, 2014. 

Shake Shack is also profitable!

In 2013, the company's net income totaled $5.4 million. And through the first nine months of 2014, net income has totaled $3.5 million.

Shake Shack's same-shack-sales grew 5.9% in its fiscal year 2013 and were up 3% through the first nine months of 2014 when compared to the prior year.

Since 2010, the company's growth has been explosive, with revenues growing from $19.5 million to $82.5 million in just four years, while the company has gone from from seven shacks to 63 worldwide.

Here's the chart:

shake shack growthSEC



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