Shake Shack Inc (SHAK) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Shake Shack Inc (NYSE: SHAK)
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Operator
Greetings, and welcome to the Shake Shack First Quarter 2021 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Rik Powell, Senior Vice President of Finance and Investor Relations. Thank you, Rik. You may begin.SPONSORED:
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McDonald’s Corporation (NYSE: MCD) saw its stock hit a record high of $236.10 per share Friday following the release of a first-quarter earnings report that saw $5.1 billion in revenue, up from $4.7 billion one year earlier, and net income of $1.54 billion, up from $1.11 billion.
Same-store sales in the U.S. were up 13.6%. year-over-year and global same-store sales climbed 7.5%.
Here s what five analysts covering the Golden Arches had to say after the print.
Cowen On Dynamite McDonald s Quarter: “Impressively, MCD noted the impact of March s $1,400 stimulus checks are waning yet momentum in the business is sustaining,” Cowen analyst Andrew Charles said in a note.