Shake Shack Gets Smoked After Cutting Guidance
Shake Shack Gets Smoked After Cutting Guidance Shake Shack plunged on Tuesday, hitting its lowest levels since November 2023, after the burger chain slashed second-quarter guidance only about a month after issuing it. Baird analyst David Tarantino said the new outlook is viewed as “incrementally negative” for Shake Shack. Tarantino noted that management had set […]
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