The market expects Shake Shack (SHAK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers are be ...

Juanmonino/iStock Unreleased via Getty Images Shake Shack Inc. (NYSE:SHAK) is expected to report the company's Q2 results near the 1st of August. While the stock has recently fallen amid a weak short-term industry outlook, Shake Shack still looks to carry a weak risk-to-reward going into the earnings. I previously wrote an article on the company, titled "Shake Shack: Priced With Too Much Growth Anticipation". In the article, published on the 6th of May, I went over Shake Shack's long-term financial profile, ...

Shake Shack (SHAK) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a c ...

Shares of Shake Shack Inc. (SHAK) have increased 20.1% year to date against the industry’s decline of 4.5%. The company is benefiting from expansion, marketing innovation and operational efficiencies. Also, focus on digital initiatives bodes well. However, inflationary pressures are a concern.Let’s discuss why investors should retain the stock for the time being.Factors Driving GrowthShake Shak focuses on store openings to effectively strategize its expansion plans. The company is pleased with the sales lev ...

Shake Shack Inc. (SHAK) has experienced remarkable success, fueled by strong same-shack sales, strategic expansion and innovative menu offerings. These initiatives have propelled the company's shares upward by an impressive 49.1% over the past year, in stark contrast to the industry’s 4.8% decline.However, in the past month, the stock has declined 7.8%. The decline was primarily due to inflationary pressure. Its premium ingredients have witnessed a significant increase in price in a very short period. Total ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☑ EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from _______ to ______ Commission file number: 001-36823 SHAKE SHACK INC. (Exact name of registrant as specified in its charter) Delaware 47-1941186 (State or othe ...

Shake Shack Inc. (NYSE:SHAK) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Company Participants Michael Oriolo - VP, SP&A and IR Randy Garutti - CEO Katie Fogertey - CFO Conference Call Participants Sharon Zackfia - William Blair Lauren Silverman - Deutsche Bank Brian Vaccaro - Raymond James Brian Mullan - Piper Sandler Michael Tamas - Oppenheimer and Company Peter Saleh - BTIG Sara Senatore - Bank of America Jake Bartlett - Truist Securities Andrew Charles - Cowen and Company David Tarantino - Ba ...

Exhibit 99.1 Shake Shack Announces First Quarter 2024 Financial Results ▪ Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. ▪ System-wide sales of $443.3 million, up 12.3% versus 2023. ▪ Same-Shack sales up 1.6% versus 2023, with trends improving each month of the quarter. April SSS grew 4.9% year-over-year. ▪ Operating income of $0.0 million, versus an operating loss of $3.2 million in 2023. • Restaurant-level profit(1) of ...

Danny Meyer, founder and chief executive officer of the Union Square Hospitality Group LLC, listens during a Bloomberg Television interview in New York, U.S., on Tuesday, Aug. 15, 2017.Danny Meyer, the founder of Shake Shack, acknowledges that he hasn't always been a golfer, but when he finally decided he wanted to start to play, he faced an issue many players have with the sport: a lack of time to play and difficultly finding a course to play on.That led Meyer to take a lesson with a golf pro on an indoor ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...