Shake Shack Announces Second Quarter 2016 Financial Results

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Buy Shake Shack (SHAK) on Weakness Following Results - Buckingham Research

August 11, 2016 8:43 AM EDT

Buckingham Research analyst John Zolidis said he would be a buyer of Shake Shack (NYSE: SHAK) amid weakness following its beat-and-raise quarter. The firm maintained its Buy rating and price target of $45.00. Shares of SHAK are currently down 7.5%.

"We would use any... More

SunTrust Upgrades Shake Shack (SHAK) to Buy

August 11, 2016 7:31 AM EDT

SunTrust Robinson Humphrey upgraded Shake Shack (NYSE: SHAK) from Neutral to Buy with a price target of $48.00.

For an analyst ratings summary and ratings history on Shake Shack click here. For more ratings news on Shake Shack click here.

Shares of Shake Shack closed at $40.87 yesterday.

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Shake Shack (SHAK) Tops Q2 EPS by 1c; Comps Increase 4.5%; Raises FY Rev. Guidance

August 10, 2016 4:08 PM EDT

Shake Shack (NYSE: SHAK) reported Q2 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $66.5 million versus the consensus estimate of $63.11 million.

Same-Shack Sales Increased 4.5% -

GUIDANCE:

Shake Shack sees FY2016 revenue of $253-256... More