Shake Shack shares tumble 30% after $290,000 quarterly loss
NewsBytes | May 8, 2026 12:39 PM CST
Shake Shack names Michelle Hook CFO
CEO Rob Lynch said tough weather early this year, higher beef costs, and fewer tourists in big cities like New York all hurt business at busy locations.
To help turn things around, Shake Shack just brought in Michelle Hook, a Domino's Pizza veteran, as its new chief financial officer.
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