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Shake Shack Surges to 233rd in Trading Volume with $41.5 Million Turnover

Market BriefThursday, May 1, 2025 7:40 pm ET

1min read

On May 1, 2025, shake shack (SHAK) saw a significant surge in trading volume, with a turnover of $41.5 million, marking an 87.94% increase from the previous day. This placed Shake Shack at the 233rd position in terms of trading volume for the day. The stock price of Shake Shack rose by 1.11%.

Shake Shack reported its first-quarter 2025 financial results, revealing total revenue of $320.9 million, a 10.5% increase from the same period in 2024. This revenue included $309.8 million from Shack sales and $11.1 million from licensing revenue. The company's net income for the quarter was $4.2 million, or 10 cents per share. However, adjusted earnings of 14 cents per share fell short of analysts' expectations, who had anticipated 16 cents per share. The revenue also missed Street forecasts, with analysts expecting $327.8 million.

In its shareholder letter, Shake Shack highlighted that total revenue grew by 10.5% year-over-year to $320.9 million. The company also reported system-wide sales of $489.4 million, with 11 new Shacks opening during the quarter. Despite the revenue growth, the company's earnings did not meet market expectations, which could impact investor sentiment and potentially influence the stock price in the coming days.

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