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What Analysts Are Expecting from Shake Shack’s Revenue in 2018

What Analysts Are Expecting from Shake Shack’s Revenue in 2018

Analysts are expecting Shake Shack (SHAK) to post revenue of $449.14 million in 2018, which represents growth of 25.2% from $358.8 million in 2017. The revenue growth is expected to be driven by the addition of new restaurants. Shake Shack’s management expects its revenue in 2018 to be in the range of $444 million to $448 million, which represents revenue growth in the range of 23.7%–24.9% from $358.8 million in 2017.