Shake Shack Earnings: Sales Rise 31% as Customer Traffic Stabilizes [The Motley Fool]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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US:NYSE Investor Relations:
investor.shakeshack.com/investors-overview/overview/default.aspx
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Source: The Motley Fool
The burger chain outlined an aggressive store expansion plan that should double its base over the next three years. Demitrios Kalogeropoulos ( TMFSigma ) Feb 16, 2018 at 7:30PM Shake Shack ( NYSE:SHAK ) this week posted fourth-quarter earnings results highlighted by a 31% revenue spike. The better burger chain kept up the modestly improving operating trend that investors have seen in each of the past two quarters, too. That good news was tempered a bit by the company's expectations for flat sales at existing locations in the year ahead. More on that 2018 outlook in a moment. But first, here's how the headline fourth-quarter results stacked up against the prior-year period: Metric Q4 2017 Q4 2016 Year-Over-Year Change Revenue $96.1 $71 million 31% Net income ($13 million) $5
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News
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- Shake Shack Inc. (NYSE: SHAK) had its price target raised by analysts at Morgan Stanley from $88.00 to $105.00. They now have an "equal weight" rating on the stock.MarketBeat
SHAK
Earnings
- 2/15/24 - Beat
SHAK
Sec Filings
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- 3/21/24 - Form 8-K
- SHAK's page on the SEC website