Restaurant chain Shake Shack reported higher sales and licensing revenue in the third quarter.
The company booked an attributable net income of $7.6 million in the three months ended September 27 as revenue rose 21.2 per cent year on year to $276.2 million.
Shack sales rose 21.7 per cent to $265 million while licensing revenue jumped 35.1 per cent to $11.2 million.
Over the first three quarters, the company’s net income stood at $13.7 million as revenue climbed 21 per cent to $801.3 million.