US StockDetailed Quotes

Provided by Tiger Trade Technology Pte. Ltd.

Shake Shack

61.70

-1.3100-2.08%

Post-market: 61.720.0200+0.03%19:37 EDT

Volume:1.26M

Turnover:78.45M

Market Cap:2.64B

PE:64.95

High:63.65

Open:62.36

Low:61.32

Close:63.01

52wk High:107.46

52wk Low:51.60

Shares:42.84M

Float Shares:38.45M

Volume Ratio:1.01

T/O Rate:3.28%

Dividend:- -

Dividend Rate:- -

EPS(TTM):0.9499

EPS(LYR):1.09

ROE:7.94%

ROA:1.98%

PB:4.86

PE(LYR):56.61

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Overview Company News Filings

CORRECTED-UPDATE 3-Shake Shack misses quarterly estimates as fast food demand weakens, shares drop 30% (May 7)

Shake Shack Q1 Revenue Climbs Amid Margin Pressure

McDonald's sees weak start to Q2 as high gas prices dent consumer sentiment

Shake Shack Swings to Loss on Higher Costs

Shake Shack Shares Tumble 20% Premarket After Q1 Revenue Miss, New CFO Announced

THOMSON REUTERS

Stock Track | Shake Shack Plunges 6.76% in Pre-market After Q1 Earnings Show Net Loss

Shake Shack Q1 Sales $366.737M Miss $371.898M Estimate

Benzinga Earnings

Shake Shack names Michelle Hook CFO effective May 11, 2026

Shake Shack Appoints Michelle Hook as Chief Financial Officer

THOMSON REUTERS

Shake Shack Q1 FY26 turns to net loss of $0.3 million; revenue rises 14.3% to $366.7 million

BRIEF-Shake Shack Q1 Net Income USD -300 Thousand

Shake Shack Outlook Three Year System-Wide Unit Growth Low Teens %

THOMSON REUTERS

Shake Shack Outlook Q2 Total REV USD 424 - 428 Million

THOMSON REUTERS

Shake Shack Q1 Adjusted EPS USD 0 VS. Ibes Estimate USD 0.12

THOMSON REUTERS

Shake Shack Q1 Revenue USD 366.7 Million VS. Ibes Estimate USD 371.9 Million

THOMSON REUTERS

Shake Shack Outlook FY Total REV USD 1.6 -1.7 Billion

THOMSON REUTERS

Shake Shack Outlook Q2 Restaurant-Level Profit Margin 24.0-24.5%

THOMSON REUTERS

Shake Shack Outlook FY Restaurant-Level Profit Margin 23-23.5%

THOMSON REUTERS

Shake Shack Outlook Three Year Total REV Growth Low Teens %

THOMSON REUTERS

Brookfield teams up with Alshaya for mixed use development in Dubai

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3-Shake Shack misses quarterly estimates as fast food demand weakens, shares drop 30% (May 7)","url":"https://stock-news.laohu8.com/highlight/detail?id=2633283144","media":"Reuters","labels":["executive","dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633283144?lang=en_us&edition=fundamental","pubTime":"2026-05-07 20:13","pubTimestamp":1778156006,"startTime":"0","endTime":"0","summary":"CORRECTED-UPDATE 3-Shake Shack misses quarterly estimates as fast food demand weakens, shares drop 30% Corrects bullet 6 to say Katherine Fogertey stepped down as Shake Shack's CFO in \"November 2025\", not \"early March\". The error appeared in previous versions of the story.By Sanskriti  Shekhar. May 7  - Shake Shack SHAK.N shares tumbled 30% on Thursday, and were heading for their worst day ever after the burger chain swung to a quarterly loss, hit by higher beef costs and weak consumer spending.The company also named Michelle Hook as its new CFO, effective May 11. Shares of the fast food chain operator were down as much as 30.4% at $67.21, their lowest since January 2024.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nL6N41K0QL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive,dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BJTD4V19.USD","LU1430594728.SGD","LU1035773651.USD","LU0320765059.SGD","LU0354030438.USD","BK4610","DPZ","IE00BFSS7M15.SGD","BK4550","BK4524","LU1585245621.USD","PTLO","LU0672654240.SGD","CMG","LU1244550577.SGD","LU2347655156.SGD","LU1718418525.SGD","LU0868494708.USD","IE00BJJMRY28.SGD","LU0353189680.USD","LU0726765562.USD","IE00BJTD4N35.SGD","LU2108987350.USD","LU1074936037.SGD","BK4566","SGXZ99366536.SGD","MCD","LU2087625088.SGD","LU1721429402.USD","LU2065731478.USD","LU1244550221.USD","SHAK","BK4559","LU2279689827.SGD","SGXZ81514606.USD","CMGG","LU0912757837.SGD","LU0353189763.USD","LU0354030511.USD","LU1878469433.USD","LU2065171402.SGD","BK4209","LU2357305700.SGD","PZZA","LU0417517546.SGD","LU2065169927.USD","LU2065171311.SGD","LU2133065610.SGD","IE00B7KXQ091.USD","SGXZ51526630.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633114280","title":"Shake Shack Q1 Revenue Climbs Amid Margin Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=2633114280","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633114280?lang=en_us&edition=fundamental","pubTime":"2026-05-07 20:11","pubTimestamp":1778155897,"startTime":"0","endTime":"0","summary":"Shake Shack ( ($SHAK) ) has shared an announcement. On May 7, 2026, Shake Shack reported financial results for the fiscal first quarter ended April...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/shake-shack-q1-revenue-climbs-amid-margin-pressure?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/shake-shack-q1-revenue-climbs-amid-margin-pressure?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SHAK"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633146433","title":"McDonald's sees weak start to Q2 as high gas prices dent consumer sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2633146433","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633146433?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:25","pubTimestamp":1778153148,"startTime":"0","endTime":"0","summary":"UPDATE 4-McDonald's sees weak start to Q2 as high gas prices dent consumer sentiment April sales turned slightly negative, says CFO BordenGlobal comparable sales rise 3.8% from last year's 1% declineShares trading marginally lower at $283.14Adds forecasts in paragraph 20By Savyata Mishra. May 7  - McDonald's MCD.N CEO Chris Kempczinski said on Thursday higher gas prices linked to the Iran war were disproportionately hurting lowincome consumers, as the burger chain warned of a weak start to its second quarter.McDonald's, like several fast-food chains, relies heavily on low-income consumers and have been offering up value deals to lure more cash-strapped diners.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nL4N41K0ZM:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0054578231.USD","MCD","IE00B7KXQ091.USD","SHAK","LU1244550577.SGD","LU2065731478.USD","BK4585","LU0795875169.SGD","BK4504","BK4534","BK4588","IE00BJJMRY28.SGD","LU0256863811.USD","BK4532","LU2347655073.USD","LU1074936037.SGD","DPZ","BK4566","BK4581","PZZA","BK4550","IE00BJJMRX11.SGD","BK4559","LU1732799900.SGD","LU2133065610.SGD","BK4524","IE00BFSS8Q28.SGD","LU0726765562.USD","LU1035773651.USD","LU1718418525.SGD","LU1732800096.USD","LU2087625088.SGD","LU1430594728.SGD","LU1878469433.USD","WING","LU2347655156.SGD","IE0004445015.USD","IE00BFSS7M15.SGD","LU1585245621.USD","IE00BJTD4N35.SGD","LU1244550221.USD","LU0353189763.USD","LU0868494617.USD","LU0795875086.SGD","LU0417517546.SGD","LU0868494708.USD","IE00BJTD4V19.USD","LU0912757837.SGD","LU1069347547.HKD","LU2279689827.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633146430","title":"Shake Shack Swings to Loss on Higher Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=2633146430","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633146430?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:25","pubTimestamp":1778153100,"startTime":"0","endTime":"0","summary":"Shake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs.The company posted a loss of $290,000 or 1 cent a share, compared with a profit of $4.25 million, or 10 cents a share, the year prior.Adjusted earnings were 0 cents a share. Analysts polled by FactSet expected 12 cents a share.Revenue rose 14% to $366.7 million. Wall Street expected $372.4 million.Same-store sales grew 4.6% compared with analysts' expectations of 4.7%.General and administrative expenses rose to $54 million from $41 million in the year-ago quarter, reflecting investments in marketing, technology and employees.Beef costs rose by a low-teens percentage while unfavorable weather also cut into profit. Despite this, the company's underlying sales and traffic momentum remained strong, Chief Executive Officer Rob Lynch said.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","SHAK","LU1878469433.USD","BK4209","BK4585"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633214656","title":"Shake Shack Shares Tumble 20% Premarket After Q1 Revenue Miss, New CFO Announced","url":"https://stock-news.laohu8.com/highlight/detail?id=2633214656","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633214656?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:18","pubTimestamp":1778152709,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nL4N41K10N:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4209","SHAK","BK4585","BK4588","LU1878469433.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1128519571","title":"Stock Track | Shake Shack Plunges 6.76% in Pre-market After Q1 Earnings Show Net Loss","url":"https://stock-news.laohu8.com/highlight/detail?id=1128519571","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1128519571?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:06","pubTimestamp":1778151962,"startTime":"0","endTime":"0","summary":"Shake Shack's stock plummeted 6.76% in pre-market trading following the release of its first-quarter fiscal 2026 earnings results.The burger chain reported a net loss attributable to shareholders of...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SHAK"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633145841","title":"Shake Shack Q1 Sales $366.737M Miss $371.898M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2633145841","media":"Benzinga Earnings","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633145841?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:02","pubTimestamp":1778151762,"startTime":"0","endTime":"0","summary":"Shake Shack (NYSE:SHAK) reported quarterly sales of $366.737 million which missed the analyst consensus estimate of $371.898 million by 1.39 percent.  This is a 14.28 percent increase over sales of $320.898 million the","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/26/05/52359631/shake-shack-q1-sales-366-737m-miss-371-898m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SHAK"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633143794","title":"Shake Shack names Michelle Hook CFO effective May 11, 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2633143794","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633143794?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:01","pubTimestamp":1778151703,"startTime":"0","endTime":"0","summary":"Shake Shack named Michelle Hook chief financial officer, effective May 11, 2026.Hook joins from Portillo’s, where she served as CFO since December 2020, leading finance functions and helping take company public in 2021.She previously spent more than 17 years at Domino’s Pizza, most recently as vice president of finance for global FP&A and investor relations.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shake Shack Inc. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nNDL833N9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","DPZ","BK4532","BK4588","BK4524","BK4209","BK4559","LU1878469433.USD","SHAK"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633063143","title":"Shake Shack Appoints Michelle Hook as Chief Financial Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2633063143","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633063143?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:01","pubTimestamp":1778151660,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nTUAQV3MH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4588","SHAK","BK4585","LU1878469433.USD","BK4209"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633231143","title":"Shake Shack Q1 FY26 turns to net loss of $0.3 million; revenue rises 14.3% to $366.7 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2633231143","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633231143?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:00","pubTimestamp":1778151649,"startTime":"0","endTime":"0","summary":"Shake Shack posted fiscal Q1 revenue of $366.7 million, up 14.3% year over year, while swinging to a net loss attributable to shareholders of $0.3 million, or $0.01 per share.Operating results swung to a loss of $2.6 million, while restaurant-level profit margin widened 0.5 percentage point to 21.2% of Shack sales.Same-Shack sales rose 4.6% on traffic growth of 1.4%, while system-wide sales climbed 14.1% to $558.3 million.Shake Shack opened 17 new Company-operated Shacks, raised 2026 guidance for Company-operated openings to 60-65 from 55-60, and reiterated plans for 40-45 licensed openings.Rob Lynch said early Q2 momentum strengthened with launch of Smoky BBQ platform anchored by BBQ Boneless Baby Back Rib Sandwich, while Project Catalyst aims to modernize systems, launch first loyalty platform, and embed proprietary AI capabilities.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timel","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nNDL2bzQJ7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4209","BK4585","BK4588","SHAK","LU1878469433.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633143233","title":"BRIEF-Shake Shack Q1 Net Income USD -300 Thousand","url":"https://stock-news.laohu8.com/highlight/detail?id=2633143233","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633143233?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:00","pubTimestamp":1778151648,"startTime":"0","endTime":"0","summary":"BRIEF-Shake Shack Q1 Net Income USD -300 Thousand\n\n\nMay 07 (Reuters) - Shake Shack Q1 adjusted net income USD 100 thousand.\n\nQ1 adjusted EBITDA USD 37 million\nQ1 EPS USD -0.01","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nPLX5F895D:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4588","LU1878469433.USD","SHAK","BK4209"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633814688","title":"Shake Shack Outlook Three Year System-Wide Unit Growth Low Teens %","url":"https://stock-news.laohu8.com/highlight/detail?id=2633814688","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633814688?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:00","pubTimestamp":1778151604,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nPLX5F895D:10","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SHAK","BK4588","BK4585","BK4209","LU1878469433.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633412145","title":"Shake Shack Outlook Q2 Total REV USD 424 - 428 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2633412145","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633412145?lang=en_us&edition=fundamental","pubTime":"2026-05-07 19:00","pubTimestamp":1778151604,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260507:nPLX5F895D:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4585","BK4588","BK4209","SHAK","LU1878469433.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633146878","title":"Shake Shack Q1 Adjusted EPS USD 0 VS. 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with Alshaya for mixed use development in Dubai","url":"https://stock-news.laohu8.com/highlight/detail?id=2633119327","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633119327?lang=en_us&edition=fundamental","pubTime":"2026-05-07 16:56","pubTimestamp":1778144193,"startTime":"0","endTime":"0","summary":"DUBAI, May 7  - Brookfield BN.N and Alshaya Group on Thursday said they were launching a joint venture to develop a 480,000-square-foot  mixed-use asset in Dubai, as the global investment firm and the Gulf retail giant reiterated confidence in real estate projects in the emirate.Dubai, a Gulf business and tourism hub that in recent years witnessed a property boom, has been among the targets of Iranian attacks since the beginning of the U.S.-Israeli war on Iran, which has disrupted business in the region and roiled global energy markets.Here are some details on the announcement:The development, located in Dubai Hills, a luxury 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