Shake Shack (NYSE: SHAK) shares dropped 10.22% to $126.51 in pre-market trading on Thursday, July 31, 2025, down from the previous close of $140.91.
The decline followed the release of Q2 2025 results, which showed adjusted EPS of $0.44 (up 62.96% YoY) and revenue of $356.47 million (up 12.65% YoY), both beating analyst estimates. Despite the strong financial performance, the stock moved sharply lower.
