Shake Shack (NYSE:SHAK) shares tumbled 6.43% in pre-market trading on Thursday following the release of its first quarter 2025 financial results, which fell short of analyst expectations. The fast-casual restaurant chain reported quarterly earnings that missed estimates, disappointing investors.

For the first quarter, Shake Shack posted adjusted earnings per share of $0.14, falling short of the analyst consensus estimate of $0.16 by 12.5%. While this represents a 7.69% increase from $0.13 per share in the same period last year, it wasn't enough to meet market expectations. The company's quarterly sales came in at $320.90 million, missing the analyst estimate of $328.08 million by 2.19%, despite showing a 10.46% year-over-year increase from $290.50 million.

Other key financial metrics also fell short of expectations. Shake Shack reported an adjusted EBITDA of $40.7 million, below the $42.5 million estimated by IBES. Additionally, the company's adjusted net income was $6.4 million, missing the IBES estimate of $7.42 million. These results, while showing some growth, indicate that Shake Shack may be facing challenges in meeting the high growth expectations set by analysts and investors.