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Shake Shack reports loss due to $1.1 million IPO charge


    (Reuters) - Hamburger chain Shake Shack Inc reported a quarterly loss, due to an after-tax charge of $1.1 million related to its initial public offering.

    The company's shares were down 6.4 percent in after-market trading on Wednesday.

    Shake Shack reported a net loss of $1.4 million, or 5 cents per share, in the fourth quarter ended Dec. 31, compared with a profit of $997,000, or 3 cents per share, a year earlier.

    Revenue rose 51.5 percent to $34.8 million.

    Same-Shack sales rose 7.2 percent in the quarter, the company said.

    (Reporting by Ramkumar Iyer in Bengaluru; Editing by Simon Jennings)