Shake Shack Announces Third Quarter 2021 Financial Results

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Shake Shack (SHAK) Extends Gain, Up 28%

November 5, 2021 10:45 AM EDT

Shake Shack (NYSE: SHAK) Extends Gain, Up 28%

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BTIG Upgrades Shake Shack (SHAK) to Buy

November 5, 2021 6:51 AM EDT

BTIG analyst Peter Saleh upgraded Shake Shack (NYSE: SHAK) from Neutral to Buy with a price target of $100.00.

The analyst comments "We are upgrading shares of Shake Shack to Buy from Neutral despite the sales and margin miss in 3Q21, as we believe the... More

Shake Shack (SHAK) Reports In-Line Q3 EPS, Sales Miss

November 4, 2021 4:11 PM EDT

Shake Shack (NYSE: SHAK) reported Q3 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $193.9 million versus the consensus estimate of $197.55 million.

GUIDANCE:

Shake Shack sees Q4 2021 revenue of $193.5-200 million, versus the consensus of... More