Shake Shack Stock News

Shake Shack CEO Randy Garutti said Tuesday that 2022 has gotten off to a tough start due to the spread of the Omicron variant and continued staffing shortages.

Stocks that traded heavily or had substantial price changes Tuesday: Big Lots, Aptiv fall; Illumina, Shake Shack rise

COVID-19 didn't stop the popular burger chain's growth.

Upbeat expectations about what the future could bring were bullish for the entire stock market.

Food inflation is likely to continue this year, but Shake Shack Inc (NYSE: SHAK) CEO Randy Garutti is still positive that 2022 will be the “biggest growth year ever” for the restaurant company. Hi

Gainers TSR, Inc. (NASDAQ: TSRI ) shares climbed 36.6% to $12.21 following Q2 results. The company reported Q2 revenue of $23.9 million, versus $16.1 million year over year. Accolade, Inc. (NASDAQ: ACCD ) gained 27.3% to $24.36 after the company reported Q3 earnings results and raised FY22 sales guidance. Nuverra Environmental Solutions, Inc. (NYSE: NES ) shares jumped 22.6% to $2.8450. BARK, Inc. (NYSE: BARK ) gained 18% to $4.25. The company said it expects Q3 sales of $140 million, versus analysts’ estimates of $137.3 million. BARK co-founder and executive chairman Matt Meeker will cecome CEO. Nutriband Inc. (NASDAQ: NTRB ) jumped 17.2% to $7.08. Nutriband and Kindeva Drug Delivery, on Monday, signed a feasibility agreement to develop AVERSA Fentanyl, an abuse deterrent fentanyl patch. Veru Inc. (NASDAQ: VERU ) surged 17% to $6.25. Veru, on Monday, said that its Enobosarm was granted fast track designation by the FDA. Cingulate Inc. (NASDAQ: CING ) jumped 15% to $2.82. Aegis Capital initiated coverage on Cingulate with a Buy rating and announced a price target of $9.

Gainers: Splash Beverage Group SBEV +58%.BARK BARK +18%.Smart Share Global (EM) +17%.Shake Shack SHAK +12%.HUYA (HUYA) +11%.Losers: NewAge NBEV -9%.Limoneira LMNR -7%.Albertsons

Ahead of presenting at the 24th Annual ICR Conference, Shake Shack (SHAK) the company sees total revenue of $203.3M (+29% Y/Y) in Q4 and $739.9M (+41.5% Y/Y) in FY21.Shack sales

Shake Shack (SHAK) rips a gains after guiding for Q4 revenue $203.3M vs. $198.1M consensus and comparable sales growth of +20.8% vs. +17.0% consensus. Read more.

Shake Shack Inc. shares soared 7.5% in Tuesday premarket trading after the burger chain said it expects fourth-quarter and full-year revenue to come in ahead of Street expectations. Fourth-quarter revenue is expected to reach $203.3 million, and same-store sales are expected to rise 20.8%. The FactSet consensus is for revenue of $198.0 million and same-store sales growth of 16.9%. Preliminary fiscal year revenue totaled $739.9 million, also ahead of the FactSet consensus for $734.6 million. "While we are pleased by the fourth quarter, we also saw our operating hours drop in the last week of FY21 and the first two weeks of FY22 as a sharp increase in COVID cases had an impact on our ability to staff and keep all of our restaurants fully open," said Chief Executive Randy Garutti in a statement. "We expect these trends to continue to impact sales in our Company-owned Shacks and our licensed business." Shake Shack is scheduled to present at this week''s ICR Conference. Shake Shack stock has lumped nearly 25% over the last year while the S&P 500 index has gained nearly 23%.

Shake Shack Inc (NYSE: SHAK) is trading higher Tuesday morning after the company provided preliminary fourth-quarter and full-year 2021 financial results. Fourth-quarter revenue totaled $203.3 millio

Shake Shack Inc. SHAK, -1.87% shares soared 7.5% in Tuesday premarket trading after the burger chain said it expects fourth-quarter and full-year revenue to come in ahead of Street expectations. Fourt

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that the Company will be presenting at the 24th Annual ICR Conference. Presenting fro

Despite its high rate of growth, Shake Shack is currently trading below the industry average on a Price-to-Sales multiple.

Shake Shack looks to provide relief for stressed out travelers.