SHAK - Shake Shack: Aggressive Brand Scalability Drives Value
2024-05-09 08:26:53 ET
Summary
- Shake Shack has recorded a 14.7% YoY increase in Q1'24 revenues, with a net income of $2.20mn, compared to a net loss the previous year.
- The company's strategy includes expanding into new geographies and increasing same-store sales and margins.
- SHAK stock is undervalued and has solid multiples value, making it a good investment opportunity.
Shake Shack ( SHAK ) is an American fast casual restaurant chain based in New York City. The company maintains operations and services across the US, Europe, and much of Asia, with >403 locations worldwide. SHAK currently offers burgers, Korean foods, fries, etc....
Shake Shack: Aggressive Brand Scalability Drives Value