Shake Shack…Shakes On

While Beyond Burger made noise going public this week, Shake Shack made some noise of their own.

Shake Shack announced their quarterly earnings this past week.  Despite operating expenses increasing 1% of revenue year over year, the Markets reactive positively to the numbers.

Shake Shack posted net income of $3.6 million, or 9 cents a share, compared with $3.5 million, or 13 cents a share, in the comparable year-earlier period. Revenue jumped to $132.6 million from $99.1 million, while same-store sales gained 3.6%.    In addition, Shake Shack raised their full-year revenue guidance by $6 million and increased its expected same-store sales growth

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