Inflation Is Biting Into Shake Shack's Earnings
Shake Shack (NYSE: SHAK) recently served up mixed fourth-quarter earnings results for investors. The better-burger chain notched a few operating and financial wins in 2021, including a full sales rebound from the pandemic. Recent menu launches like the black truffle burger were hits with customers and drove higher traffic.
Yet the fast-food specialist is dealing with significant earnings pressures from rising costs and weak traffic at many of its traditionally busy stores in major metro markets in the Northeast. These factors are complicating the growth picture for investors.
Let's dive in.
Source Fool.com
