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Stock impact report

Why Shake Shack (SHAK) Stock Is Trading Up Today [Yahoo! Finance]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
results that beat profit expectations and provided a better-than-expected outlook. The company posted adjusted earnings of $0.37 per share, ahead of analyst forecasts. Although quarterly sales of $400.5 million slightly missed estimates, they still grew a significant 21.9% year-over-year. Investors were encouraged by same-store sales growth of 2.1% and, more significantly, by the company's strong guidance for the upcoming first quarter. Both its revenue and same-store sales forecasts for the next quarter came in ahead of Wall Street's expectations, signaling positive momentum for the business. The strong profitability and upbeat forecast appeared to outweigh the slight revenue miss, fueling investor optimism. Is now the time to buy Shake Shack? Access our full analysis report here, it's free What Is The Market Telling Us Shake Shack's shares are very volatile and have had 24 moves greater than 5% over the last year. But moves this big are rare even for Shake Shack and indicate Show less Read more
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