filo Shake Shack ( SHAK ) is down ~29% in Thursday trading after its Q1 financial results missed on both lines and also announced a new CFO. Q1 loss per share of -$0.01 compares to earnings of $0.10 in the year-ago period. While same-store sales were up 4.6% in the quarter compared to Q1 2025, the Danny Meyer-founded fast-casual restaurant chain had an operating loss of $2.6M versus operating inco...
filo Shake Shack ( SHAK ) is down ~29% in Thursday trading after its Q1 financial results missed on both lines and also announced a new CFO. Q1 loss per share of -$0.01 compares to earnings of $0.10 in the year-ago period. While same-store sales were up 4.6% in the quarter compared to Q1 2025, the Danny Meyer-founded fast-casual restaurant chain had an operating loss of $2.6M versus operating income of $2.8M in the year-ago period. The company was hit in the quarter by a rise in operating expenses to $369.4M from ~$318.1M in the year-ago period. In the quarter, Shake Shack opened 17 company-operated stores and five licensed ones. Michelle Hook is also joining the company as CFO, effective May 11. Shake Shack ended the quarter with cash and cash equivalents of ~$313.7M compared to ~$360.1M on Dec. 31, 2025. More on Shake Shack Shake Shack Inc. 2026 Q1 - Results - Earnings Call Presentation Shake Shack: Growth Setup Has Improved (Rating Upgrade) Shake Shack: Accelerating Growth And Cash Flow Inflection Support Re-Rating Shake Shack GAAP EPS of $0.00 misses by $0.14, revenue of $366.7M misses by $5.57M Shake Shack Q1 2026 Earnings Preview
Shares of budget-conscious fitness center Planet Fitness (NYSE: PLNT) are down 32% as of 11 a.m. ET after the company reported underwhelming first-quarter earnings. During Q1, Planet Fitness grew sales and adjusted earnings per share (EPS) by 22% and 25%, respectively, sailing past Wall Street's consensus. However, the company saw net new member adds decline 36% from last year's level, prompting m...
Shares of budget-conscious fitness center Planet Fitness (NYSE: PLNT) are down 32% as of 11 a.m. ET after the company reported underwhelming first-quarter earnings. During Q1, Planet Fitness grew sales and adjusted earnings per share (EPS) by 22% and 25%, respectively, sailing past Wall Street's consensus. However, the company saw net new member adds decline 36% from last year's level, prompting management to slash its 2026 guidance. Originally projecting revenue and EPS to rise by 9% in 2026, the company now expects growth closer to 7% and 4%, respectively. Worse yet, the company decided to withdraw the three-year growth algorithm it released during its 2025 Investor Day, in which it stated that sales and adjusted EPS would grow by 10% to 15% and 15% to 20%, respectively, each year. Without this rosy guidance as a benchmark, the market assigned Planet Fitness shares a lower valuation. Furthermore, due to the slowdown in new member adds, management paused its planned Black Card price increase, as they believe raising its Classic Card's price from $10 to $15 last year may have spurred this year's slowdown. This pause leaves investors wondering exactly how much pricing power Plant Fitness may command. Image source: Getty Images. Continue reading
J Studios/DigitalVision via Getty Images Mortgage rates increased again this week, marking the second consecutive weekly gain, according to the latest Freddie Mac ( FMCC ) Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.37% as of May 7, up from 6.30% last week but below the year-ago level of 6.76%. 15-year fixed-rate mortgages averaged 5.72%, compared to 5.64% in the week before a...
J Studios/DigitalVision via Getty Images Mortgage rates increased again this week, marking the second consecutive weekly gain, according to the latest Freddie Mac ( FMCC ) Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.37% as of May 7, up from 6.30% last week but below the year-ago level of 6.76%. 15-year fixed-rate mortgages averaged 5.72%, compared to 5.64% in the week before and 5.89% a year ago. "Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, and higher inventory than in recent years," said Sam Khater, Freddie Mac's chief economist. "Together, these trends could modestly ease affordability pressures through the spring homebuying season," added Khater. Here is a look at the survey results: Source: Freddie Mac More on Mortgages Mortgage demand continues to dwindle Freddie Mac to begin accepting mortgage loans assessed through VantageScore 4.0
MNTN CEO Mark Douglas joins Bloomberg Open Interest to push back on the idea that TV is dying, arguing it remains the most powerful entertainment medium on earth. He explains how streaming is opening TV advertising to new businesses, why AI video tools are lowering production costs, and why the World Cup could be a massive moment for advertisers. (Source: Bloomberg)
MNTN CEO Mark Douglas joins Bloomberg Open Interest to push back on the idea that TV is dying, arguing it remains the most powerful entertainment medium on earth. He explains how streaming is opening TV advertising to new businesses, why AI video tools are lowering production costs, and why the World Cup could be a massive moment for advertisers. (Source: Bloomberg)
Secretary of State Marco Rubio traveled to Rome in an effort to preserve a crucial relationship between Washington and the Holy See. (Image credit: Vatican Media via AP)
Secretary of State Marco Rubio traveled to Rome in an effort to preserve a crucial relationship between Washington and the Holy See. (Image credit: Vatican Media via AP)
A British court has convicted two men linked to an Hong Kong Economic and Trade Office (HKETO) of spying on activists from the city on behalf of Chinese authorities. Bill Yuen Chung-biu, the London office’s manager, and Peter Wai Chi-leung were found guilty of assisting a foreign intelligence service on Thursday, two years after their arrests thrust the role of Hong Kong’s overseas promotion offic...
A British court has convicted two men linked to an Hong Kong Economic and Trade Office (HKETO) of spying on activists from the city on behalf of Chinese authorities. Bill Yuen Chung-biu, the London office’s manager, and Peter Wai Chi-leung were found guilty of assisting a foreign intelligence service on Thursday, two years after their arrests thrust the role of Hong Kong’s overseas promotion offices into the global spotlight. Yuen, a retired Hong Kong police superintendent, was earlier accused...
Police see off gatherings of teenagers in London and Edinburgh after videos of similar stunts in US go viral Hundreds of teenagers have attempted to “speed run” Scientology buildings in different parts of the UK as part of a TikTok trend that started in Los Angeles . Scientology speed running is where people rush into churches and see how far they can get before being ushered out by staff . The Ch...
Police see off gatherings of teenagers in London and Edinburgh after videos of similar stunts in US go viral Hundreds of teenagers have attempted to “speed run” Scientology buildings in different parts of the UK as part of a TikTok trend that started in Los Angeles . Scientology speed running is where people rush into churches and see how far they can get before being ushered out by staff . The Church of Scientology said using its church spaces for viral stunts was “trespass, harassment, and disruption of religious facilities”. Continue reading...
OlenaMykhaylova ADMA Biologics ( ADMA ) declined more than 17% on Thursday after the company lowered its full-year outlook and withdrew its long-term guidance, citing “uncertainty in the competitive landscape”. The stock was trading 17.7% lower at $8.30 during midday trading. The company reported a mixed Q1 print with earnings of $0.19 per share coming in line with analysts’ consensus but revenue ...
OlenaMykhaylova ADMA Biologics ( ADMA ) declined more than 17% on Thursday after the company lowered its full-year outlook and withdrew its long-term guidance, citing “uncertainty in the competitive landscape”. The stock was trading 17.7% lower at $8.30 during midday trading. The company reported a mixed Q1 print with earnings of $0.19 per share coming in line with analysts’ consensus but revenue of $114.5M missing estimates. The New Jersey-based firm now sees FY26 revenue in the range of $530 million to $560 million (vs. consensus of $629.1M), down from $635 million earlier. It has projected adjusted net income in the range of $170 million to $200 million, down from $255 million. Adjusted EBITDA is expected to be between $265 million and $300 million compared to $360 million earlier. “This outlook reflects continued ASCENIV growth, partially offset by the expectation of sustained competitive pressure in the standard IG space over the course of 2026,” CFO P. Terence Kohler said. “These expectations reflect not only the reduced revenue expectations in the year but also an expected step-up in operating expense, primarily driven by R&D spend related to our SG-001 program, but also a step-up in SG&A as we continue to invest in our commercial operations,” he added. The biotech firm saw ASCENIV revenue grow 28% Y/Y to $97.5 million while BIVIGAM revenue declined 54% Y/Y to $15.4 million. Revenue from the sale of intermediates and other products also declined year-over-year by $3.0 million, the company said. The stock has had a disappointing run in the year so far, declining more than 54% year-to-date. More on ADMA Biologics ADMA Biologics, Inc. (ADMA) Q1 2026 Earnings Call Transcript ADMA Biologics: The Short Report Is The Noise, Not The Signal ADMA Biologics: Differentiated Plasma Approach With Asymmetric Upside Potential (Rating Upgrade) Adma projects 2026 revenue of $530M-$560M and withdraws longer-term guidance amid standard IG dislocation ADMA Biologics GAAP EPS of $...
BigBear.ai (NYSE:BBAI) is a high-volatility AI defense play that delivered a constructive Q1 2026. The stock has fallen from $9.39 52-week high to $4.37, but the recent 14.4% one-week bounce suggests the worst of post-earnings repricing may be behind us. Our 24/7 Wall St. price target is $6.18 over 12 months, implying meaningful upside. Confidence ... Prediction: BigBear.ai Could Jump Over 40% Thi...
BigBear.ai (NYSE:BBAI) is a high-volatility AI defense play that delivered a constructive Q1 2026. The stock has fallen from $9.39 52-week high to $4.37, but the recent 14.4% one-week bounce suggests the worst of post-earnings repricing may be behind us. Our 24/7 Wall St. price target is $6.18 over 12 months, implying meaningful upside. Confidence ... Prediction: BigBear.ai Could Jump Over 40% This Year