<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/56ec5bcc91058422008b76e2-2400/img_2404.jpg" alt="Shake Shack" data-mce-source="Marina Nazario/Business Insider" /><p class="source"><span>Marina Nazario/Business Insider</span></p></div><p></p></div></div>Shake Shack on Wednesday reported fourth-quarter earnings that were in line with expectations, but sales that missed forecasts. </p><p>Adjusted earnings per share was $0.09, matching the forecast according to Bloomberg. Sales at stores open for at least one year increased by 1.6%, lower than the forecast for 2.9%.</p><p>The company has met or exceeded earnings expectations in all of the past six quarters.</p><p>Shake Shack shares fell by as much as 3% in after-hours trading. </p><p>More to come ...</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/most-heated-exchanges-reporters-trumps-latest-press-conference-fake-news-cnn-2017-2">'Sit down! Quiet!': Watch Trump's heated exchanges with reporters in his longest press conference as president</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="95aXNyOTE6kClel_o5H0XM3e4usyECwD" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '95aXNyOTE6kClel_o5H0XM3e4usyECwD',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

stock market

BusinessInsider

Shake Shack slides after sales miss

Marina Nazario/Business InsiderShake Shack on Wednesday reported fourth-quarter earnings that were in line with expectations, but sales that missed forecasts. Adjusted earnings per share was $0.09, matching the forecast according to Bloomberg. Sales at stores open for at least one year increased by 1.6%, lower than the forecast for 2.9%.The company has met or exceeded earnings expectations in all of the past six quarters.Shake Shack shares fell by as much as 3% in after-hours trading. More to come ... NOW WATCH: 'Sit down! Quiet!': Watch Trump's heated exchanges with reporters in his longest press conference as president if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '95aXNyOTE6kClel_o5H0XM3e4usyECwD',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Marina Nazario/Business InsiderShake Shack on Wednesday reported fourth-quarter earnings that were in line with expectations, but sales that missed forecasts. Adjusted earnings per share was $0.

Shake Shack slides after sales miss

Akin Oyedele

NOW WATCH: 'Sit down! Quiet!': Watch Trump's heated exchanges with reporters in his longest press conference as president

READ MORE ARTICLES ON