Price Hikes Take a Bite Out of Fast Food Sales hotair.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotair.com Daily Mail and Mail on Sunday newspapers.
Overall, Shake Shack's menu prices went up in the mid-single digits in the quarter, its CFO said. Grace Dean Shake Shack doesn't currently plan to increase…
Shake Shack said Thursday that it beat first-quarter profit expectations, nudging shares up 1.6%, despite revenue coming up short of the $291 million predicted by FactSet. Still, revenue grew 14.7% to $290.5 million.