“next year, we're particularly excited to have much more of the drive-through class in our strong coastal markets in Long Island, New Jersey and California, where we generally expect higher AUVs with higher brand awareness.”

In context

“nuing to refine, take down cost to build and improve the model overall. We're expecting to open about 15 drive-throughs this year and a similar amount in the coming years. We're ensuring future sites take in a lot of the learnings that we've gotten thus far, and we’ll continue to improve each and every day. We are bringing down build costs and prototyping future Shacks with 2023 drive-through build costs already trending down about 10% year-over-year. we believe we can build a more standardized operation in a smaller footprint with less seats and a lower cost to build overall while still enhancing the great guest experience Shake Shack is known for. While this number may vary in the future due to geographic mix of openings, this gives us confidence we can bring down build costs over time. next year, we're particularly excited to have much more of the drive-through class in our strong coastal markets in Long Island, New Jersey and California, where we generally expect higher AUVs with higher brand awareness. We are continuing to focus on the guest experience and operational improvements specific to our drive-throughs and we look forward to material progress over time. on our licensed business, our team is hard at work with our partners to open new Shacks and expand our business across the globe. In fiscal April, we opened our first Shack in Thailand and in fiscal July, we opened our first Resort Shack with a bar in the Bahamas in the Atlantis Resort. Our strong performance in the second quarter was primarily driven by outperformance in our licensed business domestically, which is one of our largest markets. Our airports and [indiscernible] Shacks in New Jersey and upstate New York are thriving and capitalizing on busy summer travel patterns. We have a long runway ahead for our domestic licens”