Shake Shack (Shake Shack) Retained Earnings : $17 Mil (As of Dec. 2023)

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What is Shake Shack Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shake Shack's retained earnings for the quarter that ended in Dec. 2023 was $17 Mil.

Shake Shack's quarterly retained earnings increased from Jun. 2023 ($-15 Mil) to Sep. 2023 ($-7 Mil) and increased from Sep. 2023 ($-7 Mil) to Dec. 2023 ($17 Mil).

Shake Shack's annual retained earnings declined from Dec. 2021 ($4 Mil) to Dec. 2022 ($-3 Mil) but then increased from Dec. 2022 ($-3 Mil) to Dec. 2023 ($17 Mil).

Shake Shack Retained Earnings Historical Data

The historical data trend for Shake Shack's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shake Shack Retained Earnings Chart

Shake Shack Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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54.37

12.21

3.55

-3.49

16.78

Shake Shack Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-3.49	-22.07	-15.12	-7.50	16.78

Shake Shack Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Shake Shack (NYSE:SHAK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Shake Shack (Shake Shack) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shake Shack Inc (NYSE:SHAK) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

SHAK:Mexico 9SH:Germany 9SH:Germany

Address

225 Varick Street, Suite 301, New York, NY, USA, 10014

Website

https://www.shakeshack.com

Shake Shack Inc is a roadside burger stands. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.

Executives

Jeffrey Flug	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Chapman Charles J Iii	director	1502 HUNTER DRIVE, WAYZATA MN 55391
Zach Koff	officer: Chief Operating Officer	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Jeffrey D Lawrence	director	30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Lori George Billingsley	director	777 HIDDEN RIDGE, IRVING TX 75038
Daniel Harris Meyer	director	24 UNION SQUARE EAST, SIXTH FLOOR, NEW YORK NY 10003
Jenna Lyons	director	C/O J.CREW GROUP, INC., 770 BROADWAY, NEW YORK NY 10003
Katherine Irene Fogertey	officer: Chief Financial Officer	225 VARICK STREET, SUITE 301, NEW YORK NY 10014
Randall J Garutti	director, officer: Chief Executive Officer	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Tara Comonte	officer: CHIEF FINANCIAL OFFICER	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST,5TH FLOOR, NEW YORK NY 10003
Tristan Walker	director	330 WEST 34TH STREET, NEW YORK NY 10001
Robert T Vivian	director	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Sumaiya Balbale	director	697 CALMAR AVENUE, OAKLAND CA 94610
Select Equity Group, L.p.	director, other: See Remarks	380 LAFAYETTE STREET, 6TH FLOOR, NEW YORK NY 10003
Green Equity Investors Vi, L.p.	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025