Shake Shack (SHAK) Q3 earnings beat; stock falls on sales miss
Burger chain Shake Shack (NYSE: SHAK) reported a 32% increase in third-quarter revenues amid strong same-store performance. Consequently, earnings increased and topped expectations. Meanwhile, the top-line missed the estimates and the company’s stock dropped sharply during Monday’s extended trading session. At $157.8 million, revenues were up 32% from the year-ago period and below Wall Street’s … Continue reading Shake Shack (SHAK) Q3 earnings beat; stock falls on sales miss
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