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For FY16, $SHAK expects total revenue to be between $237-242MM and projects same-Shack sales growth to be between 2.5-3.0%. $SHAK plans to open at least 14 new domestic company-operated Shacks in 2016, with these new Shacks expected to have average annual sales volumes of at least $3.3MM and Shack-level operating profit margins of at least 22%.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?