Shake Shack Announces Third Quarter 2016 Financial Results
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Jefferies Reiterates Hold on Shake Shack (SHAK) Following Solid 3Q
November 10, 2016 9:05 AM ESTJefferies reiterated a Hold rating on Shake Shack (NYSE: SHAK), and raised the price target to $38.00 (from $36.00), following the company's 3Q earnings report. SHAK reported EPS of $0.15, a penny above the consensus estimates. RLM missed consensus by 70 bps on in-line food costs and higher labor.... More
Shake Shack (SHAK) Tops Q3 EPS by 1c, Offers FY16 & FY17 Guidance
November 9, 2016 4:31 PM ESTShake Shack (NYSE: SHAK) reported Q3 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $74.6 million versus the consensus estimate of $69.33 million.
Same-Shack sales increased 2.9%.GUIDANCE:
Shake Shack sees FY2016 revenue of... More
