Shake Shack Q3 Earnings & Revenues Beat Estimates, Stock Up
Shake Shack(SHAK) ZACKS·2024-10-30 23:00
Shake Shack Inc. (SHAK) posted third-quarter fiscal 2024 results, wherein both earnings and revenues beat their respective Zacks Consensus Estimate. The top and bottom lines also increased on a year-over-year basis. Following the results, the company's shares moved up 10% during today's pre-market trading session. In the quarter, the company ramped up its investment in marketing strategies and programs aimed at increasing guest engagement and brand awareness, even amid a challenging market environment. Thes ...