Streetbeat News

SHAK

Shake Shack Inc.

https://www.shakeshack.com

Industry

Restaurants

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.

Open

87.54

Mkt cap

3.4B

Volume

303K

High

87.36

P/E Ratio

353.71

52-wk high

139.89

Low

84.47

Div yield

N/A

52-wk low

77.50

Shake Shack (SHAK) is experiencing strong growth due to increased same-shack sales, strategic initiatives, and expansion efforts. However, rising beef costs and inflation pose challenges.

Portfolio Pulse from

December 31, 2024 | 6:00 pm

Shake Shack (SHAK) is highlighted as a strong momentum stock according to Zacks Style Scores, suggesting it could be a market-beating investment.

Portfolio Pulse from

December 13, 2024 | 4:15 pm

Shake Shack (SHAK) has been upgraded to a Zacks Rank #2 (Buy) due to growing optimism about its earnings prospects, suggesting potential upward movement in its stock price.

Portfolio Pulse from

December 12, 2024 | 6:15 pm

Shake Shack (SHAK) is highlighted as a strong growth stock according to Zacks Style Scores, which helps investors identify top-rated stocks based on their investing style.

Portfolio Pulse from

December 11, 2024 | 4:00 pm

The article discusses the performance of Shake Shack (SHAK) and Tapestry (TPR) in comparison to their sector within the retail-wholesale industry for the current year.

Portfolio Pulse from

December 05, 2024 | 4:00 pm

The restaurant industry is facing increased competition and challenges, particularly with the rise of mobile ordering, which is adding pressure on kitchen operations. Shake Shack founder Danny Meyer is focused on identifying the next big trends in food.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

Shake Shack (SHAK) has seen an 8.8% increase in its stock price since its last earnings report 30 days ago. Investors are curious about the future trajectory of the stock.

Portfolio Pulse from

November 29, 2024 | 5:45 pm

Shake Shack's stock has risen by 27% over the past three months, driven by strong same-shack sales, strategic promotions, and ongoing expansion. These factors are enhancing its growth prospects.

Portfolio Pulse from

November 27, 2024 | 5:15 pm

Shake Shack (SHAK) is highlighted as a top momentum stock for long-term investment according to Zacks Style Scores, which helps investors identify top-rated stocks based on their investing style.

Portfolio Pulse from

November 19, 2024 | 4:15 pm

Shake Shack is outperforming traditional quick-service restaurants (QSRs) due to strong comparable sales growth, traffic rebound, and strategic pricing. The company's Q3 results highlight menu innovations, price increases, and expanded advertising spend, leading to significant EBITDA growth and improved margins.

Portfolio Pulse from

November 19, 2024 | 12:15 pm

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