SHAK Stock Recent News

Shake Shack's (SHAK) second-quarter results are likely to benefit from robust Shack sales.

Shake Shack (SHAK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release second quarter 2024 financial results on August 1, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international call.

Shake Shack is going to report its Q2 results in the coming weeks, with Wall Street analysts expecting the company to post stronger financials than are guided. The industry has continued to be soft, and while Shake Shack communicated a strong 4.9% Same-Shack sales growth, the performance should go down from May forward. Shake Shack stock continues to be highly overvalued with my earnings growth estimates.

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Investors interested in stocks from the Retail - Restaurants sector have probably already heard of Cheesecake Factory (CAKE) and Shake Shack (SHAK). But which of these two companies is the best option for those looking for undervalued stocks?

Shake Shack (SHAK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Shake Shack (SHAK) focuses on the strategic use of multi-format locations to unlock new market potential and customer bases. However, inflationary pressures are a concern.

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced that it has appointed Stephanie Sentell to the role of Chief Operations Officer, effective July 1, 2024. Stephanie is a seasoned restaurant executive and most recently served as Senior Vice President of Company Operations at Inspire Brands, where she oversaw the operations of more than 1,100 company-owned Arby's restaurants and led 22,000 restaurant team members across the United States. “I.

Shake Shack (SHAK) benefits from strong same-shack sales, strategic expansion and innovative menu offerings.