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Shake Shack Posts Rising Sales, but Beef Costs Weigh on Earnings

Summary by Quartz
Total revenue climbed 14.3% to $366.7 million, but food costs rose faster than sales and Adjusted EBITDA fell 9.3%

2 Articles

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Lean Left

Shake Shack shares crater 30% after burger chain reports operating loss

Shake Shack CEO Rob Lynch said that winter storms and an increase to its projections for store openings this year weighed on the company's results.

·United States
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QuartzQuartz
Center

Shake Shack posts rising sales, but beef costs weigh on earnings

Total revenue climbed 14.3% to $366.7 million, but food costs rose faster than sales and Adjusted EBITDA fell 9.3%

·United States
Read Full Article
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  • 50% of the sources lean Left, 50% of the sources are Center
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Quartz broke the news in United States on Thursday, May 7, 2026.
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