With three restaurants in New York, David Schillace and Thomas Kelly plan to open two more each year, taking some cues from Shake Shack and Chipotle.
Shake Shack's first quarter earnings crushed expectations. On Wednesday night, the company reported revenue and same-store sales that beat expectations, while also turning an unexpected profit during the quarter. And following theseShow More Summary
Before the market opens on Thursday, here's what you need to know. Shake Shack crushed earnings. The burger chain announced adjusted earnings of $0.04 per share, outpacing the $0.03 loss that was anticipated. Revenues surged 56.3% to $37.8 million, easily topping the $33.96 million Wall Street was expecting. Show More Summary
Fast-growing sales have Shake Shack sizzling again, but its measured growth pace doesn't match its outsized stock returns.
Shake Shack just reported earnings and its a big beat. Shake Shack reported an adjusted profit of $0.04 per share on revenue of $37.8 million. Same-store sales were up 11.7% in the first quarter, way above expectations. Following the...Show More Summary
Shake Shack’s monthly running club turns 2 today. Shake Track & Field, a free running group conducted in partnership with Pacers Running, meets the second Tuesday evening of each month at Pacers Logan Circle (1427 P St. NW) for 1-, 3- and 5-mile runs that end with a free round of beers or shakes at Dupont Circle’s Shake Shack (1216 18th St. Show More Summary
His prison nickname will probably be "Animal Style." Considering how much money Danny Meyer made on Shake Shack, what investor would miss out on a chance to profit off of In-N-Out? That's probably how a man in California swindled investors in countries like Lebanon. Show More Summary
Shake Shack has been sticking to its plan to open 10 new U.S. locations a year, but will its astronomical valuation prompt the burger chain to hit the gas on growth?
Shack Shack’s shares sold off close to 30% on Thursday and early Friday morning from all-time highs reached earlier in the week. That’s the bad news for Shake Shack investors. The good news is that by early Friday afternoon, shares rebounded nicely. Does it mean that the sell-off is over? We cannot [...]
Bojangles’ enjoyed a strong market debut on Friday while shares of Shake Shack continued their retreat.
Shake Shack shares are mysteriously crashing for the second day in a row. While the stock price had previously risen 40% over the last month, some experts doubt Shake Shack could become as ubiquitous as Chipotle. The main problem? Shake...Show More Summary
After falling more than 12% on Thursday, Shake Shack shares are getting crushed again. In early trade on Friday, shares of the burger chain were down more than 4% as the rough 24 hours for Shake Shack stock continues. On Thursday, there...Show More Summary
Why does the star of "Flyboys" want to destroy Danny Meyer's burger chain?
Shake Shack shares got destroyed on Thursday. Shares of the burger chain fell more than 12% after falling all day and taking another dive into the close. And though there appeared to be little news on the company, the number of Shake...Show More Summary
The opening date is set for May 20. Shake Shack just opened their first location in Texas earlier this week, and the company has already confirmed that another location will open later this month in the UK, inside T he Westfield Stratford City commercial development. Show More Summary
While American burger concepts such as Shake Shack and Five Guys battle to win in the UK and Middle East, a Beijing-based burger concept will open its first U.S. location May 18, offering a menu created by a James Beard Award-winning...Show More Summary
How does that compare to other major chains? Wall Street is going nuts for Shake Shack. Since Danny Meyer's NYC-born burger chain went public earlier this year, investors have pushed its stock valuation through the roof. "Based on the...Show More Summary
By Noel Randewich SAN FRANCISCO (Reuters) - Investors seem willing to pay just about anything for a better burger. Half a dozen food chains have held piping-hot stock market debuts in the past year to meet a growing appetite for "fast-casual"...Show More Summary
Since it went public a few months ago, Shake Shack’s stock has been on a tear. That’s the old news. The new news is that Shake Shack’s (NYSE:SHAK) stock was up more than 7%, on a day their close competitor and burger and fries pioneer McDonald’s announced a new strategy to re-ignite [...]
Also, Shake Shack is running a promotion for the month of May to benefit No Kid Hungry. MOVIES — Good news for fans of Jon Favreau's 2014 movie Chef: the film, which is about a chef who attempts to rebuild his life by opening a food truck, stars Favreau, Robert Downey Jr., Scarlett Johansson, and Sofia Vergara, among others. Show More Summary