Shake Shack Stock Jumps as Q4 Earnings Top Estimates

Key TakeawaysShake Shack shares jumped Thursday morning on better fourth-quarter earnings than analysts had expected.Sales across the fast casual burger chain came in roughly in line with estimates.Shake Shack said it was raising its long-term goal to 1,500 company-owned restaurants compared to the roughly 330 it operates now. Shares of Shake Shack (SHAK) surged Thursday morning after the company's fourth-quarter earnings topped estimates. Shake Shack's revenue was $328.7 million, up about 15% year-over-yea ...