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The actress and Gandolfini played father-daughter pair Meadow and Tony Soprano, respectively, on the hit HBO show from 1999 to 2007.

The reality star — who co-produces the play — displayed the art of high-low dressing.

The reality star — who co-produces the play — displayed the art of high-low dressing.

Ordering in or out on the town? Don't miss this $100 Restaurant.com credit for just $20

Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts."

But the weather excuse may be masking a much larger problem: a weakening consumer increasingly pushing back against premium fast-casual pricing, with the average Shake Shack meal costing around $23.

SHAK reported first-quarter results that missed Bloomberg Consensus estimates, with revenue and adjusted EBITDA coming in light as the burger chain faced margin pressure despite positive comparable sales.

Here's a snapshot of first-quarter results, courtesy of Bloomberg:

Revenue: $366.7 million, estimate $372.5 million (Bloomberg Consensus)

Shack sales: $354.0 million, estimate $358.7 million

Licensing revenue: $12.7 million

Adjusted EBITDA: $37.0 million, estimate $45.5 million

Comparable sales: +4.6%, estimate +4.65%

Traffic growth: 1.4%

Restaurant-level operating margin: 21.2%, estimate 21.9%

CEO Rob Lynch noted that soaring beef costs rose by a low-teens percentage, while unfavorable weather eroded profit. Underlying sales and traffic momentum remained solid in the quarter.

Wall Street analysts were not thrilled with the earnings report. Shares crashed by the most on record, plunging 29% in the early U.S. cash session.

For the year, shares are down 17% and now trading at early-2024 levels.

Separately, Shake Shack announced in a separate release that Michelle Hook will be appointed as the new CFO next Monday.

Earlier, McDonald's CEO warned that current consumer environment is getting pressured: "Clearly, when you have elevated gas prices, which is the core issue that I think we’re all seeing about in the press right now, gas prices, inflation on that, that is going to disproportionately impact low-income consumers. And so we expect the pressures there are going to continue."

Tyler Durden Thu, 05/07/2026 - 11:25

Patriots quarterback Drake Maye said Mike Vrabel "has done a great job" of communicating with his team as the coach's alleged relationship with former NFL insider Dianna Russini dominates headlines.

Warner Bros. is hoping for a flawless victory at the box office this weekend for Mortal Kombat 2.

It’s Jerz-day! Almost the entire cast of MTV’s “Jersey Shore: Family Vacation” stopped by “Virtual Reali-Tea” to catch up with Danny Murphy and Evan Real. We, of course, had to ask them about the show ending and what fans could expect next. Plus, we asked Sammi Sweetheart about her wedding being featured on this season,...

It’s Jerz-day! Almost the entire cast of MTV’s “Jersey Shore: Family Vacation” stopped by “Virtual Reali-Tea” to catch up with Danny Murphy and Evan Real. We, of course, had to ask them about the show ending and what fans could expect next. Plus, we asked Sammi Sweetheart about her wedding being featured on this season,...

"She was smashing the front door, and she stumbled off because she looked so drunk. She fell off my porch and faceplanted," homeowner Lloyd Gaines said.

Analysts have warned that fast-food chains will likely see low-income consumers flee as the Iran war drives gasoline prices higher, eating into Americans’ savings.

Real Madrid are in the midst of a civil war with fans demanding star player Kylian Mbappe is sold after he went on a trip with his girlfriend, actress Ester Exposito.

Harry and Meghan Markle have been raising their kids in North America since quitting their roles as senior royals in 2020.

Harry and Meghan Markle have been raising their kids in North America since quitting their roles as senior royals in 2020.

Kenny Santucci, fitness trainer, gym owner and host of the "Strong New York" podcast admitted that he dislikes certain types of exercises, like back squatting, and will opt for alternatives instead.

Check your pantries -- Target brand snack mixes have been recalled over potential salmonella contamination.

Hormuz To Year-End: Bullish Or Bearish?

LIVE NOW:

https://t.co/I8wmHcb3Dp

— zerohedge (@zerohedge) May 7, 2026

******************

With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative.

Though it is worth asking the question, what if the peace talks are truly different this time?

Joining ZeroHedge tonight at 7pm ET to answer what a post-Hormuz reopening means for markets will be former Morgan Stanley chief investment officer Adam Parker, who now runs Trivariate Research, and Michael Pento of Pento Portfolio Strategies. Parker and Pento will be hosted by Adam Taggart, founder of Thoughtful Money and regular ZH moderator.

Context:

The U.S. and Iran are reportedly close to a preliminary peace agreement that would reopen the Strait of Hormuz, ease shipping restrictions, and begin a broader 30-day negotiation process. Reuters and Axios reported the draft framework could be finalized within days.

President Trump paused “Project Freedom,” the U.S. naval operation escorting ships through Hormuz, specifically to give diplomacy room to advance. Officials described the move as a confidence-building step tied directly to ongoing negotiations.

Markets reacted as if a breakthrough is increasingly likely. Oil prices plunged 7%+ yesterday on the reports.

A potential wrench in the works, Israel remains eager to continue striking Tehran and claims it did not know Trump and the Iranians were ‘close’ to a deal. Israel has also continued bombing Lebanon despite President Trump’s April 17 demand that they stop.

Even assuming the best case scenario of an imminent reopening, baked-in supply disruptions may be sufficient to trigger a recession later in the year. 

UBS projects US headline CPI will rise to 4.44% in May, driven by a sharp 12% increase in gasoline prices

— zerohedge (@zerohedge) May 6, 2026

Might a post-Hormuz “peace rally” be short-lived upon the realization of a weak real economy, burdened by higher gas, fertilizer, and food prices?

Tonight:

Tune in tonight at 7pm ET to hear from Pento, Parker, and Taggart to see how they are positioned into year-end. Right here on the ZH homepage, X feed, and YouTube channel.

Tyler Durden Thu, 05/07/2026 - 11:10

It was not clear where or under what circumstances the ballots were found.

The 70-year-old "Kardashians" star also opened up to "She MD" podcast listeners on Tuesday about her "game changer" wellness tip.

The 70-year-old "Kardashians" star also opened up to "She MD" podcast listeners on Tuesday about her "game changer" wellness tip.