Shake Shack, Inc. (NYSE:SHAK) shares are trading lower by more than 16.6% at last check on Thursday.
The burger chain reported second-quarter adjusted earnings per share of 44 cents, beating the analyst consensus estimate of 37 cents.
Quarterly sales of $356.466 million (+12.6% year over year) outpaced the Street view of $352.299 million.
System-wide sales reached …