14.05.2015 - Shake Shack has increased revenue
Shake Shack Company reported a loss of US $ 12.7 million, against a profit of $ 1.1 million for the same period of the previous year. At the same time net revenue of burger restaurants increased by 56.3% to 37.8 million, against the expected 34 million. For the rest of the year the company expects revenue of about 161-165 million dollars. We predict continued growth in the company's shares by 27-30% per year, against the background of business expansion and revenue growth.