Shake Shack, Inc. (SHAK)
|Net Income (ttm)||-23.26M|
|Day's Range||45.11 - 47.21|
|52-Week Range||37.72 - 100.85|
|Price Target||56.84 (+22.4%)|
|Earnings Date||Nov 2, 2022|
Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York. [Read more...]
In 2021, Shake Shack's revenue was $739.89 million, an increase of 41.51% compared to the previous year's $522.87 million. Losses were -$8.66 million, -79.47% less than in 2020.Financial Statements
According to 28 analysts, the average rating for SHAK stock is "Buy." The 12-month stock price forecast is 56.84, which is an increase of 22.42% from the latest price.
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Investment in Innovation Pays Off for Shake Shack
After a massive investment in digital sales channels, Shake Shack has had to rethink how their physical restaurants operate. CEO Randy Garutti and CFO Katie Fogertey explained the innovations to Matt Mi...
Why Shake Shack Spends Millions on its Workers
Shake Shack CFO Katie Fogertey and CEO Randy Garutti explain how the burger chain's focus on it's people and digital platforms have set it up for strong future growth. They spoke with Matt Miller on Blo...
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Shake Shack CEO: 'You're not going to see us discount'
Shake Shack CEO Randy Garutti and CFO Katherine Fogertey sit down with Yahoo Finance's Brian Sozzi at the 2022 Goldman Sachs Annual Retail Conference.
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that the Company will be participating in the following investor conferences: On Wednesday, Sep...
Shake Shack (SHAK) benefits from the increased focus on unit expansion efforts as well as robust Same-Shack sales.
Shake Shack's (SHAK) second-quarter fiscal 2022 results benefited from robust Shack sales.
Three Stock Lunch: Carvana, Shake Shack and Lucid Group
Quint Tatro, Joule Financial founder and president, joins 'Power Lunch' to discuss Tatro's investing take on three stocks: Carvana, Shake Shack and Lucid Group.
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Shake Shack falls short on Q2 earnings, Crocs cuts forecast, Yeti slashes 2022 outlook
Yahoo Finance anchors Brian Sozzi and Julie Hyman discuss earnings for Shake Shack, Crocs, and Yeti.
Shake Shack (SHAK) delivered earnings and revenue surprises of 100% and 3.05%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Shake Shack Inc. shares SHAK, +8.02% slid 7% in premarket trade Thursday, after the fast-food chain missed revenue estimates for the second quarter, hurt by inflationary pressures and their impact on co...
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the second quarter of 2022 in a Shareholder Letter in the Quarterly Results section o...
Danny Meyer remains Executive Chairman; Chip Wade, current President and COO of USHG, becomes CEO effective September 6, 2022 NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Union Square Hospitality Group (USHG...
Shake Shack (SHAK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Final Trades: NXP Semi, Compass, Shake Shack
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NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release second quarter 2022 financial results on August 4, 2022, before the market opens. In conjunction w...
Restaurants need the Fed to step in, says Wedbush's Nick Setyan
Nick Setyan, Wedbush Securities senior equity analyst, joins 'The Exchange' to discuss restaurant stocks and the inflation's impact on them.
Shake Shack started the year targeting 45 to 50 new units but has since refined that number to about 40 to 45 due to the macroenvironment, including supply chain and labor shortages.
Shake Shack (SHAK) is benefiting from global same-Shack sales growth and digital sales.
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that the Company will be participating in the following investor conferences: On Tuesday, May 2...
NEW YORK--(BUSINESS WIRE)--NotCo, the fast-growing food-tech pioneer that's disrupting plant-based innovation with its proprietary AI technology, and Shake Shack, which serves elevated versions of Ameri...
Investors appear to be in a "risk off" mood.