SHAK Q4 Earnings Top Estimates & Grow Y/Y, Revenues Miss, Stock Up
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Shake Shack's Q4 fiscal 2024 results showed earnings surpassing estimates and growing year-over-year, driven by unit growth and sales volume. However, revenues fell short of expectations. Despite the revenue miss, the stock price increased.
February 21, 2025 | 5:30 pm
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Shake Shack's Q4 fiscal 2024 earnings exceeded estimates and grew year-over-year due to unit growth and sales volume, but revenues missed expectations. Despite this, the stock price increased.
The positive earnings surprise and year-over-year growth likely contributed to investor optimism, outweighing the revenue miss. This led to an increase in Shake Shack's stock price.
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