Shake Shack (SHAK) Tops Q4 EPS by 1c, Offers FY Outlook

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Stifel Remains Sidelined on Shake Shack (SHAK) Following a 4Q EPS Beat

March 8, 2016 8:53 AM EST

Stifel reiterated a Hold rating on Shake Shack (NYSE: SHAK) following the company's 4Q earnings report. SHAK reported 4Q EPS of $0.08, beating consensus' $0.07 estimate. SHAKs +$0.01 beat was driven by better store-level profits of $13.9mm vs. consensus $12.7mm.

Analyst Paul Westra commented,... More