$SHAK
Shake Shack Soars on Guidance for First Positive Cash Since 2017
NEW YORK – Shake Shack Inc . (NYSE:SHAK) reported a significant revenue increase in its latest quarter, with figures surpassing analyst expectations, driving the company's shares up by 16%.
The fast-casual restaurant chain announced a total revenue of $316.5 million, marking a 16.4% rise from the previous year and exceeding the consensus estimate of $314.59 million.
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