Why Shake Shack (SHAK) is a Top Momentum Stock for the Long-Term
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Shake Shack founder Danny Meyer on restaurant demand trends
Shake Shack founder Danny Meyer discusses overall restaurant demand and why earlier dinner reservations are doing better.
Restaurant demand is 'better than ever', says Shake Shack founder Danny Meyer
Rob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.
Shake Shack Stock Climbs 48% YTD: Innovation and Expansion Fuel Gains
SHAK's push into drive-thru formats and its focus on optimizing real estate options bode well. However, inflationary pressures are a concern.
Shake Shack CEO Rob Lynch joins CNBC for first interview since assuming role
Rob Lynch, Shake Shack CEO, joins 'Closing Bell Overtime' to talk entering the CEO position, its store format, its labor model and more.
Shake Shack to shut 6 California locations, including 5 in LA, after state's $20 minimum wage hike
It is the first time the burger-and-shake chain will close stores for non-construction-related reasons.
Shake Shack is closing 9 underperforming locations. Here's the full list of impacted cities
Fast-casual burger chain Shake Shack said yesterday that it will close nine of its company-owned restaurants in California, Ohio, and Texas. This decision follows a recent evaluation that identified these locations as underperforming, partly due to shifts in local trade areas and customer overlap from nearby locations.
Shake Shack: Set To Thrive Under New Leadership
Shake Shack has risen more than 40% year to date, but there's further upside ahead. Initiating the stock with a buy rating. The company has continued to drive accelerating same-store sales growth, as recent price increases have done little to dent profit. And amid an inflationary environment, particularly in labor and the price of beef, the company has increased its gross margins.
Bull Signal Has Never Been Wrong on Downgraded Food Stock
Shake Shack Inc (NYSE:SHAK) stock is down 3.1% to trade at $104 at last check, after Piper Sandler downgraded the fast food chain to "neutral" from "overweight," and cut its price objective to $114 from $121.
Shake Shack Has Outgrown Chipotle Over the Last 5 Years. This 1 Chart Shows Why Chipotle Is Still Crushing Shake Shack in the Stock Market
Shake Shack's stellar revenue growth is very attractive. But growth can't be the only thing a stock has going for it.
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.
