Shake Shack shares decrease after company forecasts weak same-store sales this year

Web sales boosted 29.3 percent to $124.3 million, defeating anticipations of $118.8 million. Net sales climbed 29.3 percent to $124.3 million, defeating anticipations of $118.8 million. Same-store sales widened by 2.3 percent throughout the quarter, driven by a 2.6 percent rate boost. Net sales boosted 29.3 percent to $124.3 million, defeating anticipations of $118.8 million. Same-store sales raised by 2.3 percent throughout the quarter, driven by a 2.6 percent expenditure boost.