0924 ET - Shake Shack reported a 0.2% increase to U.S. same-store sales in 1Q, below analyst expectations. The company reiterated much of its outlook for 2025, and believes sales will improve as it rolls out new menu items. The chain's consumers continue to spend despite a challenging environment, and CEO Rob Lynch says the company is outperforming more value-oriented rivals. Shake Shack surges 7% premarket. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
May 01, 2025 09:24 ET (13:24 GMT)
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