Notable Hit 1: On Thursday February 20, 2025 Shake Shack Inc. (SHAK) posted revenues of $328.7 mm surpassing the analysts estimates by 1% and in the same direction of Advan's implied sales. Advan's data showed a 10.5% increase YoY in foot traffic to its restaurants in Q4 2024; the company's revenue increased 14.8% YoY. The stock opened 14% up from previous close. Advan's footfall data has a correlation of 0.96 on a YoY basis with SHAK's top-line revenue over the last 19 quarters.
Notable Hit 2: On Thursday February 20, 2025 Texas Roadhouse, Inc. (TXRH) posted revenues of $1.44 bn surpassing the analysts estimates by 1.6% and in the same direction of Advan implied sales. Advan's data showed a 4.2% increase YoY in foot traffic to the company's restaurants in Q4 2024; the company's revenue increased 23.7% YoY. The stock was up 3% in the after hours. Advan's footfall data has a correlation of 0.97 on a YoY basis with TXRH's top-line revenue over the last 20 quarters.
