NEW YORK (AP) _ Shake Shack Inc. (SHAK) on Thursday reported a loss of $1.2 million in its second quarter.
On a per-share basis, the New York-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.
The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The burger chain posted revenue of $230.8 million in the period, which missed Street forecasts. Eleven analysts surveyed by Zacks expected $238 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHAK at https://www.zacks.com/ap/SHAK
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