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Shake Shack's Q2 Adjusted Earnings, Revenue Increase; Shares Jump
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Shake Shack's Q2 Adjusted Earnings, Revenue Increase; Shares Jump
Aug 1, 2024 7:24 AM

10:09 AM EDT, 08/01/2024 (MT Newswires) -- Shake Shack ( SHAK ) shares were up more than 20% in recent trading Thursday after the company reported Q2 adjusted earnings of $0.27 per diluted share, up from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.27.

Revenue for the quarter ended June 26 was $316.5 million, compared with $271.8 million a year earlier.

Analysts polled by Capital IQ expected $314.3 million.

Price: 105.54, Change: +17.92, Percent Change: +20.45

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