The 1 Sign Showing Shake Shack Is in Real Trouble
It's deja vu all over again for Shake Shack (NYSE: SHAK). For the second time in a row, the better burger chain is reporting lower same-store sales, and while management wants you to ignore the drop because of the company's low base of restaurants to compare growth to, that's not even the worst part of the report or why investors should be worried.
And although the market reacted as it did last time -- dropping the stock on the report before bidding Shake Shack's shares back up -- investors should prepare themselves for another long slog down.
Image source: Shake Shack.
Source: Fool.com