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$SHAK 2Q15 Call: Food and paper cost as a percentage of Shack sales decreased a 110 BPs in 2Q15 to 29.4%. Labor and related expenses as a percent of Shack sales were 24%, a reduction of 150 BPs compared to the prior year. Occupancy and related expenses as a percentage of Shack sales decreased 20 BPs to 8.3% vs. prior year.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.