-=Shake Shack (SHAK) reported earnings on Thur 3 May 2018 (a/h)

Shake Shack beats by $0.07, beats on revs; raises FY18 revs in-line 

• Reports Q1 (Mar) earnings of $0.15 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus of $0.08; revenues rose 29.3% year/year to $99.2 mln vs the $96.77 mln Capital IQ Consensus.  Same-Shack sales increased 1.7%. Adjusted EBITD increased 32.8% to $16.2 million.
• Co issues raised guidancefor FY18, sees FY18 revs of $446-450 mln from $444-448 mln vs. $448.44 mln Capital IQ Consensus Estimate. Same-Shack sales to be 0% to 1% year over year (vs. flat).