Shake Shack Tops Q2 Expectations as Sales Rise 17% and Labor Costs Ease
Shake Shack earnings topped estimates as revenue climbed 17.2%, though restaurant margins narrowed and costs rose.
Shake Shack sold more burgers and shakes than people expected, with sales jumping 17%. When a company grows fast like this, it shows customers like what they're selling—that's something to notice when watching the stock.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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