Shake Shack (SHAK) Drops 14.6% on Weak Outlook

We recently published Massive Sell-Off: 10 Stocks in a Bloodbath. Shake Shack Inc. (NYSE:SHAK) is one of the worst-performing stocks on Thursday.

Shake Shack saw its share prices drop by 14.6 percent on Thursday to close at $120.34 apiece as investors were said to have soured on its weaker-than-expected outlook for full year 2025, shunning its strong earnings performance during the second quarter of the year.

In an earnings call, Shake Shack Inc. (NYSE:SHAK) announced targeting revenues of $1.4 billion to $1.5 billion, which would translate to a growth of 11 to 19.8 percent from the $1.252 billion revenues last year.

In the second quarter of the year, Shake Shack Inc. (NYSE:SHAK) registered a 77-percent jump in attributable net income at $17.15 million from $9.67 million in the same period last year. Total revenues increased by 12.6 percent to $356 million from $316 million year-on-year.

For the first half, attributable net income jumped by 83 percent to $21.4 million from $11.7 million, while revenues were higher by 11 percent to $677 million from $607 million.