Shake Shack Stock Falls on Weak Outlook

Shake Shack Stock Falls on Weak Outlook

Shake Shack (SHAK) posted its second-quarter earnings after the market closed on August 2. The company posted adjusted EPS of $0.29 on revenues of $116.3 million. Year-over-year, the company’s EPS grew 45.0%, while its revenues increased 27.3%.

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