Shake Shack fails to shake off Omicron impact, forecasts dour sales
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Shake Shack (SHAK) Shares Down 10% on Guidance Miss
February 17, 2022 5:19 PM ESTShake Shack (NYSE: SHAK) shares were trading around 10% lower after-hours on worse-than-expected guidance, while Q4 results came better than the Street estimates. Q4 EPS was ($0.11), better than the consensus estimate of ($0.18). Revenue grew 29% to $203.3 million, slightly above the consensus estimate of $202.54... More
