Shake Shack's stock has surged over 60% YTD, driven by new locations, increased customer traffic, and improved operating margins despite price hikes. Shares have continued to rally after a strong ...
Another Shake Shack is in the works for the Richmond area. This time, in Short Pump. Shake Shack is headed for 12170 W. Broad St. in the West Village mixed-use development, a spokeswoman for the ...
Shares of restaurant chain Shake Shack (NYSE: SHAK) were rising on Wednesday after it reported its financial results for the third quarter of 2024. Investors celebrated after digesting the numbers ...
Investors found Shake Shack's third-quarter results to be delicious. New restaurant openings and a rise in same-store sales put real zing in the fundamentals. On Wednesday, Shake Shack served up a ...
On Thursday, TD Cowen demonstrated confidence in Shake Shack (NYSE:SHAK) shares by raising the company's price target to $140 from the previous $125, while maintaining a Buy rating on the stock.
Shake Shack is reaping the benefits of recent operational improvements, including a new AI-powered labor deployment model that has streamlined service times across locations. The company is also ...
Shake Shack Inc., the New York City-based burger brand, is offering its first holiday merchandise and themed shakes, the company said Friday. The Shake Shack collection features four holiday ...
In recent trading, shares of Shake Shack Inc (Symbol: SHAK) have crossed above the average analyst 12-month target price of $116.45, changing hands for $122.47/share. When a stock reaches the ...
On Thursday, Baird maintained a Neutral rating on Shake Shack (NYSE:SHAK) shares, but increased the price target to $122 from the previous $106. The firm acknowledged positive developments in the ...
Transactions at Shake Shack are rising, and profitability is stronger than expected. The company will pick up the pace of new openings next year, and it will try to improve unit economics as well.
Shake Shack CEO Rob Lynch talked plans to expand across the country and internationally, suggesting the burger chain fits into a "fine casual" dining niche not occupied by many in the industry.
Shake Shack Q3 adjusted EPS hit 25 cents, beating expectations, with revenues of $316.9 million up 14.7% year-over-year. Shake Shack opened 17 new Shacks and reported an operating loss of $18 ...