— 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 […]
“— 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 […]
· February 24, 2020
— 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.
