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After announcing results for the first quarter of 2024, arguably the most essential release of the year as it sets the tone for any stock, shares of Shake Shack Inc. NYSE: SHAK moved higher by as much as 3.8% in the first hours of the trading session. Investors have much to digest in the company's release, though one trend remains steady.
Shake Shack Inc. (NYSE:SHAK ) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Company Participants Michael Oriolo - VP, SP&A and IR Randy Garutti - CEO Katie Fogertey - CFO Conference Call Participants Sharon Zackfia - William Blair Lauren Silverman - Deutsche Bank Brian Vaccaro - Raymond James Brian Mullan - Piper Sandler Michael Tamas - Oppenheimer and Company Peter Saleh - BTIG Sara ...
Shares of Shake Shack Inc. SHAK, -2.38% climbed 1.6% in premarket trading Thursday, after the burger chain beat first-quarter profit expectations and nudged up its full-year outlook, even as revenue came up a bit short. The company swung to net income of $2.04 million, or 5 cents a share, from a loss of $1.53 million, or 4 cents a share, in the year-ago period.
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the first quarter of 2024 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q1 2024 Shake Shack Shareholder Letter. Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Randy...
This week, 175 companies in the S&P 500 index report quarterly results, making it the busiest for the U.S. earnings reporting season overall. But amid the stampede, much of Wall Street's attention will be on two of the massive companies that can make or break any given quarter for markets overall — Apple Inc. and Amazon.com Inc.
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release first quarter 2024 financial results on May 2, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer. Th...
Growth stocks rocketed in the first quarter as markets priced in Federal Reserve rate cuts. Indeed, based on history, the best growth stocks to buy in April will benefit if the Fed cuts rates.
After a slowdown in the economy and a dip in consumer spending, there is expected to be a rise in retail and consumer spending this year. Inflation is cooling, and we have been promised a rate cut later in the year.
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