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    Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

    Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

    Offset Is Ready To Finalize Divorce With Cardi B for a Major Reason – Yahoo

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    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

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    Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

    Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

    Offset Is Ready To Finalize Divorce With Cardi B for a Major Reason – Yahoo

    Offset Poised to Finalize Divorce from Cardi B for a Major Reason

    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

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Home Business

Investors savor Shake Shack stock on fatter-than-expected profit

February 15, 2024
in Business
Investors savor Shake Shack stock on fatter-than-expected profit
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Shake Shack Inc.’s stock was rallying by more than 19% on Thursday after the burger chain swung to a fourth-quarter profit and beat analyst estimates.

Shake Shack’s stock
SHAK,
+23.04%
jumped by $15.12 to $93.19, its highest level since 2021.

The New York-based fast-food chain said it earned $6.77 million, or 15 cents a share in the fourth quarter. In the year-ago period, it lost $7.76 million, or 20 cents a share.

Adjusted profit of a 2 cents a share beat the FacSet consensus estimate of a penny a share.

Fourth-quarter revenue increased by about 20% to $286.2 million from $238.5 million, and beat the analyst estimate of $280.2 million. Traffic also rose 1.4%, reversing declines.

During the quarter, the company opened 15 new Shake Shacks in the U.S. plus nine licensed Shacks in Mexico, Thailand and other locations.

William Blair analyst Sharon Zackfia reiterated an outperform rating on Shake Shack and said the company’s earnings beat was driven by favorable labor and commodity conditions.

Looking ahead, Shake Shack is planning to boost advertising and sales-driving initiatives in 2024 as it focus on its supply chain and ,ongoing improvements in labor and staffing, she said. 

Also read: Shake Shack launches search for new chief executive, keeps guidance for Q4

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MarketWatch – https://www.marketwatch.com/story/investors-savor-shake-shack-stock-on-fatter-than-expected-profit-30ff3c98?mod=mw_rss_topstories

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October 9, 2025
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Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

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ENERCON and Biome collaborate for wind turbine noise reduction technology – Yahoo Finance

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October 8, 2025

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