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Shake Shack Q1 Revenue Up 14%, Appoints New CFO
Exec Edge98d agoneutral
Shake Shack Q1 Revenue Up 14%, Appoints New CFO

By Karen Roman Shake Shack Inc. (NYSE: SHAK) said total revenue increased 14.3 percent in the first quarter to $366.7 million compared to the year prior. Shake Shack appointed Michelle Hook as Chief Financial Officer effective May 11, and opened 17 new company-owned locations and five new licensed stores, it said. “Our performance demonstrates the […]

Portillo’s Q1 Revenue Increases 3.5% Amid Expansion
Exec Edge99d agoneutral
Portillo’s Q1 Revenue Increases 3.5% Amid Expansion

By Karen Roman Portillo’s Inc. (Nasdaq: PTLO) said first quarter total revenue increased 3.5% to $182.6 million from a year earlier. Net loss was $0.5 million compared to net income of $4.0 million a year prior, and restaurant-level adjusted EBITDA decreased $1.8 million to reach $34.8 million, it stated. The company said it opened four […]