Shake Shack Option Alert: Fri $112 Calls at the Ask: 2200 vs 69 OI; Earnings 2/20 Before Open 

Shake Shack Option Alert: Fri $112 Calls at the Ask: 2200 @ $4.9 vs 69 OI; Earnings 2/20 Before Open Ref=$111.0475

Shake Shack (NYSE:SHAK) 주식

Shake Shack

Shake Shack Inc is a roadside burger stand. It serves a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order, and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.

News

Movers

ACHC

CVLT

CWAN

DRVN

FTDR

HWKN

IDCC

LUMN

RGEN

SHAK

ZETA

다음은 지난주 큰 폭의 상승세를 보인 7개의 중형주 주식이다. 이 주식들은 여러분의 포트폴리오에 있나요? 루멘 테크놀러지스(NYSE:LUMN)의 주가는 65.95% 상승했다. 이 회사는 데이터 센터의 AI 수요를 지원하기 위해 코닝과 차세대 광섬유 케이블 공급 계약을 체결했다.

쉐이크쉑와 루멘 테크는 지난주 최고 성과를 보여준 7개 중형주 중 일부 (7월 28일-8월 3일)

Shake Shack Inc

Starting March 4, Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) is introducing Shake Shack Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) <a target="_blank" href="https://news.delta.com/prepare-takeoff-delta-and-shake-shack-expand-onboard-partnership" rel="noreferrer noopener">burgers in First Class on select routes</a>, including those departing from Atlanta, Los Angeles, New York-LaGuardia, and Seattle.
This marks the expansion of the popular partnership, which was first launched in Boston in 2024. The Shake Shack Cheeseburger, chips, and a brownie will be available to First Class passengers on flights over 900 miles.
First Class passengers can choose the Shake Shack Cheeseburger as their meal for lunch or dinner prior to their flight.
They have the option to select or modify their entrée up to 24 hours before departure through the Fly Delta app or via a link provided in their email, available starting seven days ahead of their flight.
In honor of the new Shake Shack offering, Delta, Shake Shack, and Uber Eats have teamed up for a special promotion.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44106754/targets-q4-earnings-beat-estimates-warns-consumer-uncertainty-impact-in-q1-profits" rel="noreferrer noopener">Target CEO Cautions Tariffs Will Pressure FY25 Profit, Consumer Uncertainty To Hit Feb Sales</a>
SkyMiles members who join the Delta x Uber waitlist by March 6 will receive a ‘buy one, get one free' ShackBurger deal on Uber Eats, available until March 14.
Alongside the Shake Shack menu, Delta is introducing the Biscoff Sandwich cookie and special meals tailored to dietary preferences.
The airline is also expanding its seasonal wine selection and adding zero-proof beverages like hibiscus ginger beer and Italian spritz on select flights.
"This is part of our work to partner with brands our customers already know and love while continuing to raise the bar for the in-flight experience – whether that's making your favorite cheeseburger available at 35,000 feet, or ensuring you have a variety of fresh meals to choose from that fuel you on your adventure," said Managing Director of Onboard Service, Stephanie Laster.
Price Action: DAL shares are trading lower by 4.31% at $55.93 at the last check on Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/management/25/03/44103926/grocery-giant-albertsons-names-susan-morris-as-new-ceo" target="_blank" rel="noreferrer noopener">Grocery Giant Albertsons Names Susan Morris As New CEO</a></li>
</ul>
Photo by YAO23 via Shutterstock

General

UBER

Delta And Shake Shack Bring First-Class Burgers To New Routes

<a href="https://news.delta.com/prepare-takeoff-delta-and-shake-shack-expand-onboard-partnership">https://news.delta.com/prepare-takeoff-delta-and-shake-shack-expand-onboard-partnership</a>
&nbsp;
Starting March 4, mouthwatering burgers will be available in First Class on flights over 900 miles out of Atlanta, Los Angeles, New York-LaGuardia and Seattle as the partnership expands to additional locations.&nbsp;
To celebrate the Shake Shack partnership, as well as&nbsp;<a href="https://news.delta.com/delta-unveils-ai-powered-travel-journey-new-multi-modal-transportation-options">Uber joining the SkyMiles program</a> this spring, Delta, Shake Shack and Uber Eats are teaming up for a burger drop with a ‘buy one ShackBurger and get one free' offer on Uber Eats. SkyMiles Members who already joined&nbsp;<a href="https://www.uber.com/us/en/u/delta/?nocache=true&amp;referrer=singular_click_id%3De2c6e079-a47c-409f-8d0a-4fc9663eb751">the Delta x Uber waitlist</a>, or sign up by March 6, will have the offer added to their Uber Eats account in the next few days. Waitlisters will have until March 14 to enjoy a second ShackBurger free with their Shake Shack burger order. So, take advantage of this BOGO offer, share a burger with your travel bestie, and enjoy!&#x2A;&nbsp;

'Delta And Shake Shack Expand Onboard Partnership' - Delta

WIIM

BALY

BLMN

BTBD

CAKE

CAVA

CBRL

DKNG

GDHG

PBPB

PLAY

PNST

RRGB

SBET

SGHC

SOND

YOSH

Shares of hotel companies are trading lower amid overall market uncertainty after President Trump confirmed March 4 tariffs. Tariffs could create negative sentiment for travel plans with American destinations.

ABNB

Adtalem Global Education Inc. Common Stock

ATGE

BBWI

BROS

BYON

CHWY

CVNA

DUOL

EXPE

JAKK

LAUR

LAZR

LCID

LINC

LIND

MBLY

MULN

NTCL

NWTN

PSNY

PTON

REAL

SERV

SPGC

TSLA

WING

YSXT

ZSPC

Shares of companies in the broader consumer discretionary sector are trading lower amid overall market weakness on US consumer and economic concerns.

Truist Securities analyst Jake Bartlett maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Buy and raises the price target from $143 to $154.

Price Target

Analyst Ratings

Truist Securities Maintains Buy on Shake Shack, Raises Price Target to $154

In the preceding three months, 12 analysts have released ratings for Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $140.0, with a high estimate of $159.00 and a low estimate of $110.00. Witnessing a positive shift, the current average has risen by 4.91% from the previous average price target of $133.45.
<img src="https://www.benzinga.com/files/images/story/2025/1740142875_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of Shake Shack among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Neutral</td>
<td>$125.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Andrew Charles</td>
<td>TD Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Chris O'Cull</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$110.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$130.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$143.00</td>
<td>$149.00</td>
</tr>
<tr>
<td>Chris O'Cull</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$128.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Jeff Farmer</td>
<td>Gordon Haskett</td>
<td>Announces</td>
<td>Buy</td>
<td>$154.00</td>
<td>-</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$149.00</td>
<td>$147.00</td>
</tr>
<tr>
<td>Dennis Geiger</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$140.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Brian Bittner</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$155.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$159.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$147.00</td>
<td>$144.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Shake Shack. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Shake Shack compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Shake Shack's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Shake Shack's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SHAK/analyst-ratings?utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Shake Shack analyst ratings.</a>
<h2>Unveiling the Story Behind Shake Shack</h2>
Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
<h3>Shake Shack's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Shake Shack's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 14.74%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Shake Shack's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -3.22%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Shake Shack's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -2.22%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Shake Shack's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.61%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Shake Shack's debt-to-equity ratio is below the industry average. With a ratio of 1.76, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Shake Shack Stands With Analysts

Wedbush analyst Nick Setyan maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Neutral and raises the price target from $115 to $125.

Wedbush Maintains Neutral on Shake Shack, Raises Price Target to $125

TD Securities analyst Andrew Charles reiterates Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Buy and maintains $140 price target.

Reiteration

TD Securities Reiterates Buy on Shake Shack, Maintains $140 Price Target

U.S. stocks were lower, with the Dow Jones falling over 1% on Thursday.
Shares of Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) rose sharply during Thursday's session after the company reported third-quarter financial results and beat its adjusted EPADS and <a href="https://www.benzinga.com/news/earnings/25/02/43846533/alibaba-q3-earnings-revenue-and-eps-beat-eyes-global-e-commerce-profitability-in-fy25-increase-investments-in-ai">revenue estimates</a>.
The Jack Ma co-founded e-commerce giant reported fiscal third-quarter 2024 revenue growth of 8% year-on-year to $38.38 billion, beating the analyst consensus estimate of $38.19 billion. Adjusted earnings per ADS of $2.93 beat the analyst consensus estimate of $2.66. Adjusted net income rose 7% Y/Y to $7 billion.
Alibaba Group shares jumped 9.5% to $137.77 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Herbalife Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLF#NYSE">HLF</a>) shares jumped 42.5% to $8.01 after the company reported fourth-quarter EPS and revenue above estimates.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) gained 26.6% to $27.19 after the company reported better-than-expected quarterly financial results.</li>
<li>Pediatrix Medical Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MD#NYSE">MD</a>) rose 20.5% to $17.01 after the company reported better-than-expected quarterly financial results.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) gained 13.8% to $143.11 after the company determined that allegations from recent short seller reports were without merit and said it expects to file its 10-K on time.</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) gained 13.4% to $69.36 after the company reported better-than-expected quarterly financial results.</li>
<li>Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) rose 12.7% to $125.32 after the company reported quarterly EPS and revenue above estimates.</li>
<li>Bausch Health Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHC#NYSE">BHC</a>) gained 10.7% to $7.21 after the company reported better-than-expected quarterly sales.</li>
<li>Manulife Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MFC#NYSE">MFC</a>) rose 7.3% to $31.96 after the company announced a dividend raise and a reduction in its shares outstanding through a normal course issuer bid.</li>
<li>STMicroelectronics N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) gained 6.2% to $28.13. The company is preparing to launch its next-generation technologies aimed at improving optical connections within data centers and AI clusters.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/02/43851159/how-to-earn-500-a-month-from-newmont-stock-ahead-q4-earnings">How To Earn $500 A Month From Newmont Stock Ahead Of Q4 Earnings</a></li>
</ul>

Intraday Update

Markets

Trading Ideas

BABA

FTAI

Alibaba, Hasbro, Shake Shack, Bausch Health And Other Big Stocks Moving Higher On Thursday

Stocks tumbled Thursday, with all major indices in the red, one day after the S&amp;P 500 notched another all-time high in Wednesday&#8217;s trading session. Investors are weighing uncertainty surrounding tariff policies and disappointing guidance from Walmart while digesting new<a href="https://www.benzinga.com/markets/forex/25/02/43843332/global-markets-mixed-dollar-dips-as-traders-react-to-trumps-tariff-plans-global-markets-today-while-us-slept"> initial jobless claims data.</a>
Mega-retailer Walmart, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)&#8217;s shares dropped after the company issued fiscal 2026 guidance below analyst expectations, despite fourth-quarter results beating expectations.
Retail investor darling Palantir Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) added to Wednesday&#8217;s declines <a href="https://www.benzinga.com/25/02/43849289/whats-going-on-with-palantir-stock-thursday">following a report </a>that the Trump administration told the Pentagon to prepare for sweeping budget cuts and CEO Alex Karp filed a new trading plan to sell up to $1.2 billion shares.
Read Next:<a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch"> Trump Administration Orders Sweeping Pentagon Cuts: Palantir, Lockheed Martin, General Dynamics Among Stocks On Watch</a>
Initial jobless claims rose by 5,000 to 219,000, above expectations of 215,000, while continuing claims rose to 186,900 in the first week of February.
WTI crude oil futures rose above $72 per barrel on Thursday, extending its streak of gains to four days as supply concerns outweighed a rise in U.S. stockpiles, according to TradingEconomics. 
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rose 1.09% to $97,695. The yield on the 10-year US Treasury note pulled back slightly to 4.5%.
<h2 class="wp-block-heading">Thursday's Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1 day % chg.</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,911.27</td>
<td>-0.72%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,101.27 </td>
<td>-0.7%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,036.44</td>
<td>-1.32%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,252.49</td>
<td>-1.31%</td>
</tr>
</tbody>
</table>
</figure>
According to Benzinga Pro data:
<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.67% to $608.82. </li>
<li>The SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was down 1.26% at $441.02</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.7% to $535.72. </li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) was down 1.17% to $223.79. </li>
<li>The Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) fell 1.39% to $223.10.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)&nbsp;rose 0.6% to $92.57. </li>
</ul>
<h2 class="wp-block-heading">Thursday's Stock Movers:&nbsp;</h2>
Cruise stocks Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) and Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCHL#NYSE">NCHL</a>) tumbled, leading consumer discretionary stocks lower. The SPDR Select Sector Fund &#8211; Consumer Discretionary (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) fell 1.44%. 
Stocks reacting to company earnings reports included:&nbsp;
<ul>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>)&nbsp;</li>
<li>Vale S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>)&nbsp;</li>
<li>B2Gold Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BTG#AMEX">BTG</a>)</li>
<li>Exact Sciences Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>)</li>
<li>Alamos Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>)</li>
<li>Walmart, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) </li>
<li>Taseko Mines, Ltd. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TGB#AMEX">TGB</a>)&nbsp;</li>
<li>Shake Shack, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) </li>
<li>Materialise NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTLS#NASDAQ">MTLS</a>) </li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) </li>
<li>Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) </li>
<li>Jumia Technologies AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) </li>
<li>Birkenstock Holding Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) </li>
<li>Sabre Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>) </li>
<li>Ardelyx, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARDX#NASDAQ">ARDX</a>) </li>
</ul>
Companies reporting after Thursday's closing bell include:&nbsp;
<ul>
<li>Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) </li>
<li>Dropbox, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBX#NASDAQ">DBX</a>) </li>
<li>Iamgold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) </li>
<li>The RealReal, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) </li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) </li>
<li>Consolidated Edison, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ED#NYSE">ED</a>) </li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) </li>
<li>Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) </li>
<li>Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) </li>
<li>MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) </li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43703014/robert-f-kennedy-confirmed-as-trump-secretary-of-health">Robert F. Kennedy, Vaccine Skeptic, Confirmed As Trump&#8217;s Secretary Of Health: Health Care Stocks To Watch</a></li>
</ul>
Image: Shutterstock.

Equities

Market Summary

Sector ETFs

Bonds

Broad U.S. Equity ETFs

Commodities

Econ #s

ETFs

$BTC

ARDX

BIRK

BKNG

CELH

SPDR Dow Jones Industrial Average ETF Trust

EXAS

JMIA

MELI

MTLS

NCHL

NCLH

PLTR

RIVN

SABR

VALE

Select Sector SPDR-Consumer Discretionary

Palantir Rally Loses Steam, Walmart Outlook Disappoints: What's Driving Markets Thursday?

Shake Shack, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) shares are trading higher on Thursday. The company reported fourth-quarter adjusted earnings per share of 26 cents, beating the street view of 24 cents.
Quarterly sales of $328.70 million (up 14.8%&nbsp;year over year), outpacing the analyst <a target="_blank" href="https://www.benzinga.com//node/43843752" rel="noreferrer noopener">consensus estimate of $327.87 million.</a>
System-wide sales rose 13.3% to $500.7 million, while Same-Shack sales increased 4.3%. Shack sales totaled $316.632 million in the quarter, compared with $275.775 million a year ago.
The restaurant-level profit margin was 22.7% of Shack sales, reflecting a 290 basis points improvement compared to the previous year. Adjusted EBITDA increased by 48.6% year-over-year, reaching $46.7 million.
&#8220;In 2025, we expect to execute on another great year of mid-teens sales <a target="_blank" href="https://s27.q4cdn.com/357966323/files/doc_financials/2024/q4/4Q24-Shareholder-Letter.pdf" rel="noreferrer noopener">growth</a>, to open approximately 85 Shacks system-wide, to expand our Restaurant-level profit margin to approximately 22%, and drive Adjusted EBITDA growth of 17% &#8211; 22%,&#8221; said Chief Financial Officer, Katie Fogertey.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43846469/walmart-q4-earnings-shine-but-soft-fy26-outlook-disappoints-street" rel="noreferrer noopener">Walmart Q4 Earnings Shine, But Soft FY26 Outlook Disappoints Street</a>
In the quarter under review, the firm opened 19 new Company-operated Shacks, five of which are drive-thrus.
&#8220;We opened 76 new Shacks worldwide in 2024 and are excited about our new target Companyoperated footprint of at least 1,500 Shacks,&#8221; said Chief Executive Officer Rob Lynch.
The company exited the quarter with cash and equivalents worth $320.714 million. Long-term debt expanded to $246.683 million, compared with $245.636 million a year ago.
Outlook: Shake Shack sees first-quarter sales $326.500 million-$330.900 million versus $331.01 million estimate. For FY25, the company projects net sales of $1.45 billion-$1.48 billion <a href="https://www.benzinga.com/calendars/guidance">versus $1.456 billion estimate.</a>
Price Action: SHAK shares are trading higher by 10.8% to $123.28 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/43819449/serve-robotics-rolls-out-autonomous-delivery-robots-in-miami-stocks-surge" target="_blank" rel="noreferrer noopener">Serve Robotics Rolls Into Miami&#8217;s Food Scene</a></li>
</ul>
Photo by YAO23 via Shutterstock.

Earnings

Guidance

Shake Shack Q4 Earnings: Sales Soar 15%, Margins Expand And 85 New Locations On The Menu For 2025

WMT: -9% &#x7C; <a href="https://www.benzinga.com//node/43844271">Walmart shares are trading lower following soft Q1 guidance.</a>
&nbsp;
SHAK: 8% &#x7C; <a href="https://www.benzinga.com//node/43844159">Shake Shack shares are trading higher after the company reported Q4 EPS and revenue above estimates.</a>
&nbsp;
HFL: 24% &#x7C; <a href="https://www.benzinga.com//node/43843271">Herbalife shares are trading higher after the company reported Q4 EPS and revenue above estimates.</a>

Market-Moving News for February 20th

Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) affirms FY2025 sales outlook from $1.45 billion-$1.48 billion to $1.45 billion-$1.48 billion vs $1.46 billion estimate.

Shake Shack Affirms FY2025 Sales Guidance of $1.45B-$1.48B vs $1.46B Est

Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) sees Q1 sales of $326.500 million-$330.900 million vs $331.01 million analyst estimate.

Shake Shack Sees Q1 Sales $326.500M-$330.900M vs $331.01M Est

Shake Shack shares are trading higher after the company reported Q4 EPS and revenue above estimates.

Financial Highlights for the Fourth Quarter 2024:
<ul>
<li>Total revenue of $328.7 million, up 14.8% versus 2023, including $316.6 million of Shack sales and $12.1 million of Licensing revenue.</li>
<li>System-wide sales of $500.7 million, up 13.3% versus 2023.</li>
<li>Same-Shack sales up 4.3% versus 2023.</li>
<li>Operating income of $10.2 million.
<ul>
<li>Restaurant-level profit(1) of $71.9 million, or 22.7% of Shack sales.</li>
</ul>
</li>
<li>Net income of $9.3 million.</li>
</ul>

Shake Shack Q4 System-wide Sales $500.7M +13.3% YoY, Same-Shack Sales +4.3%

Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.24 by 8.33 percent. This is a 1200 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $328.70 million which beat the analyst consensus estimate of $327.87 million by 0.25 percent. This is a 14.83 percent increase over sales of $286.24 million the same period last year.

Earnings Beats

Shake Shack Q4 2024 Adj EPS $0.26 Beats $0.24 Estimate, Sales $328.70M Beat $327.87M Estimate

ACCO

AKAM

ALIT

ALRM

ATHM

AXTI

BAND

BBDC

BBIO

BIGC

BILI

BJRI

BLDR

CARG

CCRD

CDRO

CENX

CERS

CGAU

COKE

COLD

CPRT

CRAI

CSTM

DAVA

DBRG

DGICA

DGICB

DINO

DVAX

EPAM

ESAB

EXPI

FIVN

FRPT

FYBR

GDYN

GKOS

GLOB

GLPI

GMED

GRAL

INDI

INDV

INOD

INSM

IRTC

ITGR

Earnings Scheduled For February 20, 2025

FWRG

JACK

KRUS

NDLS

PTLO

PZZA

STKS

TXRH

Shares of restaurant companies are trading lower. The sector may be down after Wingstop reported a Q4 revenue miss and reported an increase in the cost of food, beverage and packaging costs, including a rise in the cost bone-in chicken wings.

Shares of autonomous delivery provider Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading higher</a> on Wednesday.
The company has rolled out its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/g43809449/serve-robotics-expands-to-miami-metro-offering-autonomous-delivery-for-shake-shack-and-mister-o1" rel="noreferrer noopener">services in the Miami metropolitan area</a>. This expansion comes alongside an enhanced partnership with Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) and the introduction of a new collaboration with Mister O1 Extraordinary Pizza.
Customers in the Miami Beach and Brickell areas who place orders from these restaurants through Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) online food platform, Uber Eats can now have their deliveries made by Serve&#8217;s autonomous robots.
Serve&#8217;s recent expansion strengthens its existing footprint in Los Angeles, with plans to move into the Dallas-Fort Worth area next.
&#8220;Expanding to the Miami Metro is a major step in our mission to make sustainable, autonomous delivery a reality across the U.S.,&#8221; said&nbsp;CEO and co-founder Ali Kashani.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43791589/why-is-uber-stock-trading-higher-on-tuesday" rel="noreferrer noopener">Uber&#8217;s Ski Service Launches Across Europe: Details</a>
&#8220;By bringing robotic delivery to forward-thinking communities that embrace innovation, we&#8217;re helping reduce emissions and traffic congestion while supporting local restaurants and enhancing the customer experience.&#8221;
The Brickell and Miami Beach neighborhoods, which have over 120,000 residents and active commercial zones, offer an optimal setting for eco-friendly robotic delivery services.
Serve Robotics&#8217; Miami launch aligns with its long-term strategy to deploy 2,000 autonomous robots across the U.S. by 2025, strengthening its position in autonomous delivery.
In December 2024, Serve Robotics secured <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/01/42812910/autonomous-delivery-provider-serve-robotics-shares-soar-on-167m-funding-in-december" rel="noreferrer noopener">$86 million in funding</a>, bringing its total investments for the year to $167 million. The company plans to use this capital to advance the development of its third-generation robots, expand its operations, and enter additional markets.
However, last week, the company&#8217;s shares tumbled after a <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/02/43729865/serve-robotics-tumbles-after-nvidia-exit-shakes-investor-confidence" rel="noreferrer noopener">regulatory filing disclosed</a>&nbsp;Nvidia Corp, which held a 10% equity as of July 18, 2024, had no more stake in the company.
Price Action: SERV shares are trading higher by 17.9% at $13.93 at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/top-stories/25/02/43732741/starbucks-plans-to-open-500-new-stores-in-middle-east-report" target="_blank" rel="noreferrer noopener">Starbucks Plans To Open 500 New Stores In Middle East- Report</a></li>
</ul>
Image via Shutterstock.

Contracts

NVDA

Serve Robotics Rolls Into Miami's Food Scene, Stock Jumps

Press Releases

Shake Shack to Announce Third Quarter 2024 Financial Results on October 30, 2024

Comments

Shake Shack

Unusual Options Activity for

뉴스

파트너 / 기고자

벤징가 글로벌