— 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 Chinese firm iQIYI Inc. (NASDAQ: IQ), which often called as "The Netflix of China", dropped 4.57% at the end of today's regular session as the due diligence firm
Pinterest (NYSE: PINS) continued its rally a day after the company reported better-than-expected preliminary results for the first quarter of 2020. The stock closed at $16.83, up over 11%. The
Levi Strauss & Co. (NYSE: LEVI) reported a 4% increase in earnings for the first quarter of 2020 helped by lower income tax expenses despite a rise in operating expenses.