— 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.
Campbell Soup Company (NYSE: CPB) reported first quarter 2023 earnings results today. Net sales increased 15% year-over-year to $2.57 billion. Organic sales growth was 15%. Net earnings attributable to Campbell Soup
Fewer companies filed for initial public offering this year, compared to 2021 when the market witnessed a record number of IPOs. With only a few weeks left for the year
Chipotle Mexican Grill (CMG): A few points to keep in mind if you have an eye on this restaurant chain
Shares of Chipotle Mexican Grill Inc. (NYSE: CMG) were down 3% on Tuesday. The stock has dropped 13% year-to-date but there is still a positive sentiment in general about its