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Shake Shack's (SHAK) stock is climbing Wednesday afternoon following the restaurant chain's third-quarter earnings report, which beat analyst expectations across key metrics.
The company posted revenue of $316.92 million and adjusted earnings per share of $0.25, both surpassing Wall Street estimates. Same-store sales growth also topped expectations, reaching 4.4% during the quarter.
Market Domination Hosts Julie Hyman and Josh Lipton analyze how enhanced speed and operational improvements contributed to Shake Shack's performance.
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This post was written by Angel Smith