Advan Notable Hits: Shake Shack (SHAK) & Texas Roadhouse (TXRH)

February 21, 2025 By Valantis Aristides Tags: FINANCIAL-TRENDS, ADVAN HITS

Notable Hit 1: On Thursday February 20, 2025 Shake Shack Inc. (SHAK) posted revenues of $328.7 mm surpassing the analysts estimates by 1% and in the same direction of Advan's implied sales. Advan's data showed a 10.5% increase YoY in foot traffic to its restaurants in Q4 2024; the company's revenue increased 14.8% YoY. The stock opened 14% up from previous close. Advan's footfall data has a correlation of 0.96 on a YoY basis with SHAK's top-line revenue over the last 19 quarters.

Shake Shack - yoy % change in foot traffic

Notable Hit 2: On Thursday February 20, 2025 Texas Roadhouse, Inc. (TXRH) posted revenues of $1.44 bn surpassing the analysts estimates by 1.6% and in the same direction of Advan implied sales. Advan's data showed a 4.2% increase YoY in foot traffic to the company's restaurants in Q4 2024; the company's revenue increased 23.7% YoY. The stock was up 3% in the after hours. Advan's footfall data has a correlation of 0.97 on a YoY basis with TXRH's top-line revenue over the last 20 quarters.

Texas Roadhouse - yoy % change in foot traffic

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.