Plus, Australians really want a Shake Shack. — Starbucks recently announced an initiative to employ 100,000 jobless millennials; Taco Bell was one of the first companies to join. Now, the pseudo-Mexican chain plans to take the idea one step further and hire 1.5 million "more local youths nationwide for restaurant-level positions" through 2022. Show More Summary
Houlihan Lockey fizzles; Shake Shack slides; GM ramps up; Minions are smuggling cocaine; and more.
Shake Shack is getting demolished. On Wednesday, after the market close, the burger chain priced its 4-million-share stock offering at $60 per share, $5 below where the stock closed on Wednesday. And in early trade on Thursday the stock was down nearly 9%, to around $59 per share, a buck below where the company priced its offering. Show More Summary
There are five reasons why shares of the burger chain are extremely overvalued. The post 5 Reasons Why the Shake Shack Stock Price Is Overvalued Now (NYSE: SHAK) appeared first on The Wall Street Examiner. Follow the money! See and understand...Show More Summary
Dayum. Here's hard evidence of Shake Shack's continued domination: During yesterday's quarterly earnings call, chief executive Randy Garutti revealed that profits have increased by 2.3 percent, to $1.1 million, with same-store sales rising by 12.9 percent. Show More Summary
Revenues for the hamburger chain founded by the restaurateur Danny Meyer were up 74.7 percent to $48.5 million.
Former Baylor quarterback Bryce Petty is heading into his rookie year with the New York Jets. Which burger place does he prefer? Which superhero would he like to be? Watch as Petty and Stephen Nelson sit down to discuss the lighter side of things in the video above. Read more NFL news on BleacherReport.com
The newcomer burger chain Shake Shack, which has just 71 locations, is worth almost as much as Wendy's.The company's shares are soaring on news that sales and revenue were better than expected. The gains -- after the close of regular...Show More Summary
(Reuters) - Hamburger chain Shake Shack Inc, known for its indulgent hormone- and antibiotic-free burgers, rich shakes and crinkle-cut french fries, on Monday reported better-than-expected quarterly profit and sales, sending its shares up almost 8 percent. Show More Summary
Shake Shack reported second quarter earnings on Monday that crushed expectations and now the stock is exploding higher. Adjusted earnings per share came in at $0.09 while revenue totaled $48.5 million, both better than expected. Same-store sales rose 12.9% in the second quarter, better than expected. Show More Summary
Shake Shack is the new fast-casual darling of Wall Street. The stock jumped more than 12 percent in after-hours trading on Monday after the company beat expectations on profit and same-store sales. It’s continuing to trade up about 9 percent after closing down slightly at $70.64 during the day’s normal session. Show More Summary
Sales are up almost 13 percent at the burger chain this quarter.
Another quarter, another big earnings and revenue miss by Noodle & Company (NASDAQ:NDLS), sending the company’s stock sharply lower on Wall Street. What’s wrong? Its business model, in our opinion. N&C’s business model is based on unsound economics. Localizing a global menu may be a great idea to a lot of customers—including [...]
McDonald’s is feeling the sting of Chipotle, Shake Shack, and Five Guys Burgers And Fries. The company’s old burger and fries practices feel stale and customers are looking for healthier, tastier alternatives. The company’s same-store...Show More Summary
And three's a trend! There's another new fried chicken sandwich in our midst, NYC, joining David Chang's Fuku and Shake Shack's ChickenShack. Purveyors of most excellent barbecue Mighty Quinn's have quietly debuted a new Spicy Chicken Sandwich with their own special smokey twist. [ more › ]
From Shake Shack to Washington D.C., Neutra is popping up everywhere. The post How Shake Shack Made a 70-Year-Old Font Hot Again appeared first on WIRED.
Shake Shack shares are up 12% for no reason. On Friday, the burger chain was rally after declining about 5% on Thursday. On Wednesday, however, the stop was up 20%. Wednesday also marked the end of the company's lock-up expiration period,...Show More Summary
Danny Meyer continues to make millions. If you own stock in Shake Shack, Wednesday was a good day. According to Market Watch, the famous burger chain's stock jumped by 20 percent Wednesday afternoon. The result was the biggest percentage...Show More Summary
Goldman Sachs (NYSE: GS) and Wall Street in general are bullish on this market darling, even after it has already fallen more than 45%.