— Shake Shack (NYSR: SHAK) reported a loss of $0.06 per share in the fourth-quarter 2019 vs. breakeven expected.
— Revenue grew 22% to $151.4 million, versus $153.14 million expected. Same-shack sales decreased 3.6%.
— Licensed revenue increased 58.6% to $5.6 million.
— For fiscal 2020, expects revenues of $712 million to $720 million, as same-shack sales is projected to see a low single digit decrease.
— SHAK shares plunged 8.6% during aftermarket hours.
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company