Shake Shack Shows Revenue Growth


Shake Shack released quarterly earnings on Wednesday. The company’s $3.8 million net income represents a 153 percent increase from last year’s 1.5 million. Likewise, revenue increased from $53 million in 2015 to almost $75 million. Shake Shack currently operates 105 locations worldwide, and plans to open 19 new domestic stores this year. 3 new international locations are also possibly in the works.


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