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Restaurant stocks like CMG, CAKE, SHAK, EAT & WING are likely to gain from increased sales. Rapid menu price hikes, average check growth and expansion efforts bode well.
Shake Shack aims to expand to 1,500 locations but faces challenges in cost-effectiveness, suburban market penetration, and maintaining its premium brand identity. SHAK reported strong growth in FY 2024 but expects a slight slowdown in FY 2025, with same-store sales growth projected at 3%. Despite a recent stock price drop, Shake Shack remains overvalued by 10%, leading to a 'Hold' rating with a price target of $110.
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Hamburger restaurant chain Shake Shack (SHAK -1.27%) just tripled the size of its long-term vision. But it could be the most complicated development for shareholders since the company went public a decade ago.
TLN, SHAK and EQNR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 15, 2025.
SHAK releases its preliminary financial results for the fourth quarter. Same-Shack sales grew 3.6% for the year and 4.3% in the fourth quarter.
Rob Lynch, Shake Shack CEO, joins 'Closing Bell Overtime' to talk its growth strategy, inflation in beef pricing, Q4 sales, and more.
The Investment Committee reveals today's top consumer moves.
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced the appointment of Justin Mennen as Chief Information and Technology Officer, effective January 13, 2025. Mennen will report to Rob Lynch, CEO of Shake Shack, and will oversee all aspects of technology. “Justin brings a wealth of experience as a technology leader to Shake Shack, along with an impressive track record of driving innovation across industries,” said Lynch. “He's joining us at a.
Olive Garden, KFC, and Shake Shack look like particularly appetizing investments in 2025, according to Oppenheimer analysts.