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SHAK / Shake Shack stock shoots up after burger chain swings to Q3 profit

Shake Shack stock shoots up after burger chain swings to Q3 profit
Shares of Shake Shack Inc. SHAK, +2.19% shot up 6.6% in premarket trading Thursday after the burger chain swung to a third-quarter profit and reported better-than-expected earnings. The company reported net income of $7.627 million or 19 cents a share, after a net loss of $2.024 million, or 5 cents a share, in the prior year's quarter. Read More
Posted: Nov 2 2023, 07:32
Author Name: Market Watch
Views: 112159

SHAK News  

Shake Shack (SHAK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
November 3, 2023

Shake Shack (SHAK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Shake Shack (SHAK) give a sense of how the business performed in the quarter ended September 2023, it could more_horizontal

Fast casual restaurant giants Shake Shack and Wendy's 3Q earnings top estimates

By Proactive Investors
November 2, 2023

Fast casual restaurant giants Shake Shack and Wendy's 3Q earnings top estimates

Fast-casual restaurant chains Shake Shack (NYSE:SHAK) and The Wendy's Company (NASDAQ:WEN) both reported year-over-year increases in sales and profits more_horizontal

Shake Shack stock shoots up after burger chain swings to Q3 profit

By Market Watch
November 2, 2023

Shake Shack stock shoots up after burger chain swings to Q3 profit

Shares of Shake Shack Inc. SHAK, +2.19% shot up 6.6% in premarket trading Thursday after the burger chain swung to a third-quarter profit and reported more_horizontal

Shake Shack: Limited Margin of Safety at Current Levels

By GuruFocus
October 24, 2023

Shake Shack: Limited Margin of Safety at Current Levels

It has been a tough year to be an investor in the retail sector, with the group underperforming the S&P 500 substantially, down 2% year to date. Fortu more_horizontal

Why Shake Shack (SHAK) is a Top Growth Stock for the Long-Term

By Zacks Investment Research
October 5, 2023

Why Shake Shack (SHAK) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. more_horizontal

Here's Why Investors Should Retain Shake Shack (SHAK) Stock

By Zacks Investment Research
September 15, 2023

Here's Why Investors Should Retain Shake Shack (SHAK) Stock

Shake Shack (SHAK) benefits from strong average weekly sales, menu innovation and digital investments. more_horizontal

Is Shake Shack's Major Growth Priced In? Buy the Dip Opportunity

By MarketBeat
September 7, 2023

Is Shake Shack's Major Growth Priced In? Buy the Dip Opportunity

One of the main questions that investors ask themselves when coming up with investment ideas is whether their bull case is already priced into the sto more_horizontal

Shake Shack: The Multiples Are Still Way Too High

By Seeking Alpha
August 30, 2023

Shake Shack: The Multiples Are Still Way Too High

Shake Shack's share price is trading at elevated multiples, making it difficult to profit from an investment in the company. Despite recent losses, th more_horizontal


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