Shake Shack Inc. revenues and profits surged in the first quarter, the company said Thursday, as a new chicken sandwich generated sales and traffic in the first quarter.
sales rose 9.9 percent in the quarter ended March 30. Revenue increased
43.3 percent, to $54.2 million, from $36 million the previous year. And
restaurant-level operating profit increased 58.6 percent, to $14.7
million, or 28.2 percent of sales.. . . more