Shake Shack fails to shake off Omicron impact, forecasts dour sales

February 18, 2022 7:58 AM

BENGALURU (REUTERS) – Shake Shack forecast first-quarter revenue below estimates as the fast-spreading Omicron variant kept diners away and led to temporary restaurant closures, sending the burger chain’s shares down 10 per cent in extended trading.

Source : https://www.straitstimes.com/business/companies-markets/shake-shack-fails-to-shake-off-omicron-impact-forecasts-dour-sales