Shake Shack Inc. (SHAK)
Shake Shack: A Solid Performance Outlook For The Business
SHAK is expected to grow at a mid-teen percentage level for the next two years. Strong 2Q24 performance with 16% revenue growth and expanding margins. Marketing initiatives and drive-through improvements are expected to drive further growth.
Shake Shack Launches AI-Powered Robo Delivery; Stock Breaks Out
Shake Shack stock broke out Thursday after rolling out AI-powered delivery robots. The NY burger chain posted solid Q2 results in early August.
Shake Shack (SHAK) Rides on Expansion Efforts, High Costs Ail
Shake Shack (SHAK) benefits from robust same-shack sales, strategic expansion and innovative menu offerings.
Why Is Serve Robotics (SERV) Stock Up 20% Today?
Serve Robotics (NASDAQ: SERV ) stock is on the rise Wednesday after the autonomous delivery robots company announced a new collaboration with Shake Shack (NYSE: SHAK ). With this agreement Serve Robotics' autonomous delivery robots will be used to deliver food from Shake Shack to customers.
Profits are Holding Up, and Other Key Takeaways from Q2 Earnings Season
U.S. markets were relatively calm Monday as Wall Street entered the home stretch of second-quarter earnings season after a volatile week of trading fueled by recession fears.
Why Shake Shack Isn't Feeling The Same Sales Pressure as McDonald's, Burger King
Shake Shack's (SHAK) sales have surged this year, boosting its stock price, while some of its burger-selling rivals like McDonald's (MCD), Wendy's (WEN), and Burger King of Restaurant Brands International (QSR) have struggled with customers pulling back on spending.
Shake Shack (SHAK) Q2 Earnings Meet Estimates, Revenues Top
Shake Shack's (SHAK) fiscal second-quarter performance reflects benefits from product innovations, strategic menu pricing, technology implementations and promotions.
Shake Shack Analysts Increase Their Forecasts After Upbeat Sales
Shake Shack, Inc. SHAK reported better-than-expected second-quarter results on Thursday.
Iconic Burger Chain's Stock Rallies, Defying Market Trends
The broader stock market is causing investors a little pain to start the month of August, as the S&P 500 is declining by as much as 0.75%. The NASDAQ is lowering by over 1%, despite the Federal Reserve (the Fed) announcing that an interest rate cut is on the table for September 2024 and the CME's FedWatch tool pricing in an over 90% probability of this happening; markets are selling off.
Shake Shack Stock Pops After Strong Sales and Guidance
Shake Shack (SHAK) shares skyrocketed after the company posted better-than-anticipated results and gave an upbeat forecast as it benefited from higher prices.
Shake Shack Inc. (SHAK) Q2 2024 Earnings Call Transcript
Shake Shack Inc. (NYSE:SHAK ) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Michael Oriolo – Vice President, FP&A and Investor Relations Rob Lynch – Chief Executive Officer Katie Fogertey – Chief Financial Officer Conference Call Participants Brian Mullan – Piper Sandler Lauren Silberman – Deutsche Bank Brian Vaccaro – Raymond James Michael Tamas – Oppenheimer & Company Andrew Charles – TD Cowen Christine Cho – Goldman Sachs Brian Harbour – Morgan Stanley Peter Saleh – BTIG Jake Bartlett – Truist Securities Sara Senatore – Bank of America Daniel Guglielmo – Capital One Securities Jeff Farmer – Gordon Haskett David Tarantino – Baird Andy Barish – Jefferies Sharon Zackfia – William Blair Jim Sanderson – North Coast Research Chris O'Cull – Stifel Operator Greetings. Welcome to Shake Shack Second Quarter 2024 Earnings Call.
Shake Shack Stock Is Soaring Today While the S&P 500 Drops. Here's Why.
Shake Shack continues opening new locations and is currently enjoying same-store-sales growth, greatly lifting its revenue numbers. The stock has soared in 2024 as investors size up higher revenue and profits.
