Benzinga | Jul 30, 2020 04:09PM EDT

Shake Shack Q2 EPS $(0.45) Misses $(0.37) Estimate, Sales $91.80M Miss $93.08M Estimate

Shake Shack (NYSE:SHAK) reported quarterly losses of $(0.45) per share which missed the analyst consensus estimate of $(0.37) by 21.62 percent. This is a 266.67 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $91.80 million which missed the analyst consensus estimate of $93.08 million by 1.38 percent. This is a 39.89 percent decrease over sales of $152.71 million the same period last year.