BUZZ-Shake Shack rises on quarterly results beat

Reuters

02-20

BUZZ-Shake Shack rises on quarterly results beat

** Fast food chain Shake Shack's SHAK.N shares up 7.9% at $120 premarket

** Co posts fourth-quarter revenue of $328.7 million, beating analysts' expectations of $328.4 million, according to data compiled by LSEG

** SHAK reports Q4 earnings of 26 cents per share, excluding items, topping estimates of 25 cents

** Same-store-sales grew 4.3% for the quarter, above expectations of 4.25%

** In 2025, we expect to execute on another great year of mid-teens sales growth - CFO Katie Fogertey

** Stock rose 6.8% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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