SHAK Stock Recent News

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that Katherine Fogertey, Chief Financial Officer, will be participating in the following investor conferences: On Wednesday, June 5, 2024, the Company will host a fireside chat at TD Cowen's 8th Annual Future of the Consumer Conference. The fireside chat will begin at 10:50 a.m. Eastern Time. On Thursday, June 6, 2024, the Company will host a fireside chat at Baird's 2024 Global Consumer,.

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Roadside burger chain Shake Shack (SHAK) may have just gone public in 2015, but it has been one of the fastest-growing fast-food chains for the past 20 years. In 2023, Shake Shack generated over $286 million in total revenue, up 20% year-over-year.

Shake Shack's (SHAK) fiscal first-quarter performance reflects benefits from sequential improvements in traffic, marketing initiatives and strong new store performances.

After announcing results for the first quarter of 2024, arguably the most essential release of the year as it sets the tone for any stock, shares of Shake Shack Inc. NYSE: SHAK moved higher by as much as 3.8% in the first hours of the trading session. Investors have much to digest in the company's release, though one trend remains steady.

Shares of Shake Shack Inc. SHAK, -2.38% climbed 1.6% in premarket trading Thursday, after the burger chain beat first-quarter profit expectations and nudged up its full-year outlook, even as revenue came up a bit short. The company swung to net income of $2.04 million, or 5 cents a share, from a loss of $1.53 million, or 4 cents a share, in the year-ago period.

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Investors with an interest in Retail - Restaurants stocks have likely encountered both Compass Group PLC (CMPGY) and Shake Shack (SHAK). But which of these two stocks offers value investors a better bang for their buck right now?

Growth stocks rocketed in the first quarter as markets priced in Federal Reserve rate cuts. Indeed, based on history, the best growth stocks to buy in April will benefit if the Fed cuts rates.

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