Shake Shack Announces First Quarter 2020 Financial Results

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Shake Shack (SHAK) Tops Q1 EPS by 2c; Withdraws Guidance

May 4, 2020 4:07 PM EDT

Shake Shack (NYSE: SHAK) reported Q1 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $143.2 million versus the consensus estimate of $145.06 million.

Randy Garutti, Chief Executive Officer of Shake Shack, stated, I've had the privilege of leading this company through many challenging and incredible moments, but I think we\'d all agree that this has been an unprecedented test for our world, and for our teams. Our message across the company has been consistentto lead with hope, while acting on reality, and to make the... More