Shake Shack Inc.
(NYSE:SHAK) reported second-quarter (Q2) results Wednesday, posting adjusted earnings of 43 cents per share, above the 30-cent analyst estimate.
Revenue rose 17.2% to $417.6 million from $356.5 million, exceeding the $417.2 million estimate.
Earnings and Sales Performance GAAP net income was $16.9 million, down from $18.5 million a year earlier.
Net income attributable to Shake Shack was $15.7 million, or 37 cents per diluted share, compared with $17.1 million, or 41 cents per share.
