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Shake Shack Inc   (SHAK)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 
Price: $103.6900 $-0.01 -0.010%
Day's High: $103.96 Week Perf: 3.62 %
Day's Low: $ 101.34 30 Day Perf: 32.82 %
Volume (M): 827 52 Wk High: $ 108.39
Volume (M$): $ 85,793 52 Wk Avg: $69.03
Open: $103.09 52 Wk Low: $52.40



 Market Capitalization (Millions $) 4,551
 Shares Outstanding (Millions) 44
 Employees 8,000
 Revenues (TTM) (Millions $) 991
 Net Income (TTM) (Millions $) -8
 Cash Flow (TTM) (Millions $) -75
 Capital Exp. (TTM) (Millions $) 162

Shake Shack Inc
Shake Shack Inc is a fast-food restaurant chain that was founded in 2004 in New York City. Its flagship location was a hot dog cart in Madison Square Park, and it has since grown to become a global brand with over 275 locations in 30 countries worldwide.

Shake Shack's menu features classic American-style fast food, including burgers, hot dogs, fries, chicken sandwiches, and milkshakes. They also offer vegetarian and gluten-free options, and they are known for using high-quality ingredients such as Angus beef, cage-free chicken, and fresh vegetables.

One of the most distinctive features of Shake Shack is its modern, industrial-style restaurants, which often feature open kitchens, outdoor seating, and even rooftop gardens. The brand has a strong focus on sustainability, and they use environmentally friendly materials in their packaging and restaurant design.

Shake Shack has become a cult favorite in the fast-food industry, with fans praising their delicious food, friendly service, and unique brand experience. They have also garnered attention for their charitable initiatives, including their annual Shacktoberfest event, which raises money for the Madison Square Park Conservancy.

In 2015, Shake Shack went public with an initial public offering that raised $105 million. Since then, the company has continued to grow rapidly, expanding to new markets and experimenting with new products and concepts. Despite facing challenges from the COVID-19 pandemic, Shake Shack has remained resilient and continues to be a favorite among fast-food lovers around the world.


   Company Address: 225 Varick Street New York, 10014 NY
   Company Phone Number: 747-7200   Stock Exchange / Ticker: NYSE SHAK
   


   

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Management Changes

Shake Shack Appoints Michael Kark as President of Global Licensing to Drive Rapid International Expansion.

Published Thu, Feb 15 2024 12:15 PM UTC

Shake Shack Expands Global Footprint with Promotion of Michael Kark as President of Global Licensing
Shake Shack, the renowned fast-casual restaurant chain, has recently announced the promotion of Michael Kark to the expanded role of President of Global Licensing. Effective from February 22, 2024, Kark's new position will bolster his strategic leadership and operational ...

Management Changes

Shake Shack CEO Randy Garutti Sets Retirement Date amid Struggles with Negative ROI and Challenging Financial Performance

Published Mon, Dec 11 2023 1:00 PM UTC



Randy Garutti, the long-time Chief Executive Officer (CEO) of Shake Shack Inc., has recently announced his decision to retire from the company in 2024, after serving for more than two decades. The news comes at a critical juncture for the fast-casual restaurant chain as it grapples with financial challenges. During the 12 months ending in the second quarter of 2023...

Shake Shack Inc

Shake Shack Inc. Sizzles with Remarkable Double-Digit Top-Line Growth, Announcing Hefty Profits at Fiscal Year End

Shake Shack Inc, a popular fast-food chain specializing in burgers and shakes, recently released its financial results for the period closing on June 28, 2023. The company showed strong performance, with notable improvements in earnings per share, revenue growth, and net profits.
Compared to the previous year, Shake Shack Inc's earnings per share turned around from a loss of $0.03 to a profit of $0.16. Similarly, the company's earnings per share improved from a loss of $0.04 in the previous reporting period to a positive figure. This signifies positive momentum in the company's profitability.

Shake Shack Inc

Shake Shack Soars to Success, Overshadowing Losses with Impressive Financial Results

Shake Shack Inc is making waves in the market as it reports impressive financial results for the January to March 29, 2023 interval. The company decreased its loss per share from $-0.26 a year prior to $-0.04 per share, a significant improvement towards positive earnings. Also, the EPS increased from $-0.27 per share from the previous reporting season, an exciting development for investors.
The news does not stop there. Shake Shack reported a remarkable increase in revenue of 24.528 % to $253.28 million from $203.39 million in the same period a year before. Sequentially, revenue advanced by 6.183 % from $238.53 million, signaling that the company is experiencing positive growth in its operations.






 

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