Tag: Restaurant Industry
Shake Shack Earnings in Line With Expectations
Shake Shack announced its latest quarterly earnings on Thursday which mostly fell in line with Wall Street expectations. The company's fourth-quarter revenue hit $238.5 million, narrowly beating estimates of $238.2 million as reported by Bloomberg.
Other results included Adjusted earnings per share of -$0.06, narrowly...
Domino’s UK Reports Declining Profit in First Half of 2022
Domino's Pizza Group Plc, the UK franchisee of the U.S.-listed Domino's Pizza Inc, reported a 16% dive in pre-tax profits for the first half of 2022. The company attributes this decline to rising costs and food inflation. Since the start of the conflict between...