Shake Shack CEO Warns Lower-Income Americans Are Feeling the Pinch
Shake Shack beats Q3 earnings with 40¢ EPS, but stock dips on revenue miss. Same-store sales rise 2.5% as full-year outlook holds.
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Why It Matters
Shake Shack made more money than expected this quarter. But the CEO says people with less money are buying less food right now.
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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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