Shake Shack Shares Rise 7% on Revenue, New Stores
By Karen Roman Shake Shack Inc. (NYSE: SHAK) shares rose 7% after it said fourth quarter total revenue increased 21.9% from the year prior to $ 400.5 million. Adjusted EBITDA was $56.1 million and net income attributable to Shake Shack was $11.8 million, or $0.28 earnings per diluted share, it stated. During fiscal year 2025 Shake Shack opened 45 new company-operated locations and 40 new licensed Shacks, it said. “Despite a macroeconomic environment that remained uncertain for much of the year, our te ...