Shake Shack (SHAK) Q4 Earnings & Revenues Beat Estimates
Shake Shack(SHAK) Zacks Investment Research·2024-02-16 15:51Shake Shack Inc. (SHAK) reported fourth-quarter fiscal 2023 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. Moreover, both metrics increased year over year. The bottom line beat the consensus estimate for the fifth straight quarter.The company’s earnings reflect growth in sales driven by digital marketing strategies and sequentially improving traffic. It also intends to continue focusing on its global footprint expansion plans for the upcoming period.Earnings & Revenue Details ...