NEW YORK (AP) — NEW YORK (AP) — Shake Shack Inc. (SHAK) on Thursday reported second-quarter profit of $17.1 million.
On a per-share basis, the New York-based company said it had profit of 41 cents. Earnings, adjusted for non-recurring costs, came to 44 cents per share.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.
The burger chain posted revenue of $356.5 million in the period, which also topped Street forecasts. Thirteen analysts surveyed by Zacks expected $353.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHAK at https://www.zacks.com/ap/SHAK
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