** Shares in Shake Shack SHAK.N down 5.4% on Monday after the restaurant chain announced preliminary results for Q4 ended Dec. 25 and 2025 financial outlook and long-term targets

** SHAK, which unveiled the numbers ahead of a presentation on Monday at the 27th Annual ICR Conference today in Orlando, said same-store sales rose by 4.3% in Q4 while it forecast FY 2025 same-store sales of 3%

** SHAK said Q4 total rev grew 14.8% to $328.7 million while 2024 rev was $1.3 billion up from the $1.088 billion it reported a year-ago, as per LSEG data

** It said that restaurant margins grew nearly 300 basis points to 22.7% of SHAK sales to highest level for Q4 since 2017, while it forecast 2025 restaurant margins of ~22%

** For FY2025, SHAK sees total revenue y/y growth of 16%-18% to $1.45-$1.48 bln range, forecast adj EBITDA growth of 14%-20%

** SHAK announced 3-year target for total rev growth in low-teens % range, system-wide unit growth in low-teens %, restaurant-level profit margin at least 22%, adjusted EBITDA growth in the range of low to mid-teens % range

** SHAK shares last traded at $121.52 after falling as low as $117.60 during the session vs median PT of $140, as per LSEG, which shows 24 analyst ratings: 6 'strong buy,' 5 'buy,' 12 'hold' and 1 'sell' recommendation

** SHAK down ~6.4% YTD after rising ~75% in 2024 compared with S&P 600 restaurant index .SPSMCREST drop of ~1% so far this year and a 16.4% gain in 2024

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))