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SHAK — Shake Shack News Story

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Shake Shack up after upbeat third-quarter results

** Shares of fast food chain operator Shake Shack SHAK.N up ~5% at $94.10 premarket

** Co reports Q3 revenue jump of ~16% to $367.4 million, topping market estimates of $364.4 million - data compiled by LSEG

** Quarterly adjusted EPS of 36 cents also beat estimates of 33 cents

** (SHAK's result) "bucks the trend with accelerating traffic," brokerage William Blair says, adding that "consumers responded strongly to menu innovation, increased marketing spend, and offers such as $1 sodas via the app"

** Up to last close, stock has fallen 31% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))

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