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SHAK News and Press, Shake Shack Inc. Class A From 05/15/24

Stock Information

Company Name: Shake Shack Inc. Class A
Stock Symbol: SHAK
Market: NYSE
Website: shakeshack.com

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SHAK - Engaged Capital's Q1 moves: adds Envestnet, trims Shake Shack, others

2024-05-15 16:09:18 ET During the first quarter of 2024, Engaged Capital opened a new position in Envestnet ( NYSE: ENV ), with 119K shares, according to the hedge fund's latest 13F filing dated Wednesday.... Read the full article on Seeking Alpha For further details see...

SHAK - Pizza Hut charges into the hamburger market with new menu item

2024-05-14 07:21:16 ET More on Yum! Brands Yum! Brands, Inc. (YUM) Q1 2024 Earnings Call Transcript Yum! Brands: Wait For A Better Entry Point Yum! Brands slides after reporting rare drop in same-store sales Yum! Brands Non-GAAP EPS of $1.15 misses by $0.05 ...

SHAK - CAVA Group: Soaring GenZ Appeal, Questionable Investor Appetite

2024-05-13 13:22:04 ET Summary CAVA Group's stock has been outperforming other fast-casual and quick-service restaurant chains, benefiting from the shift in consumer behavior towards fast casual. CAVA has been experiencing robust growth, with revenue growing at a 25% rate and open...

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. S...

SHAK - Shake Shack: Priced With Too Much Growth Anticipation

2024-05-06 11:16:02 ET Summary Shake Shack has grown revenues aggressively, and continues the growth story anticipating 12-15% in revenue growth in 2024. The company's profitability needs to improve from currently very thin operating income, and while progress has been made, an im...

SHAK - Outperform Recommendation Issued On SHAK By William Blair

2024-05-03 09:30:10 ET William Blair analyst issues OUTPERFORM recommendation for SHAK on May 3, 2024 07:10AM ET. The previous analyst recommendation was Outperform. SHAK was trading at $104.94 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...

SHAK - SHAK Price Target Alert: $124.00. Issued by Truist Financial

2024-05-03 09:00:12 ET Jake Bartlett from Truist Financial issued a price target of $124.00 for SHAK on 2024-05-03 08:08:00. The adjusted price target was set to $124.00. At the time of the announcement, SHAK was trading at $104.94. The overall price target consensus is ...

SHAK - Shake Shack Inc. (SHAK) Q1 2024 Earnings Call Transcript

2024-05-02 10:59:09 ET Shake Shack Inc. (SHAK) Q1 2024 Earnings Conference Call May 02, 2024, 08:00 AM ET Company Participants Michael Oriolo - VP, SP&A and IR Randy Garutti - CEO Katie Fogertey - CFO Conference Call Participants Sharon Zackfia - ...

SHAK - Shake Shack points to improved margins, late-quarter strength

2024-05-02 07:46:22 ET More on Shake Shack Shake Shack: Reiterate Buy Rating As Margin Improvement Initiatives Are Working Well Shake Shack Inc. (SHAK) Q4 2023 Earnings Call Transcript Shake Shack Non-GAAP EPS of $0.13 beats by $0.03, revenue of $290.5M misses by $0....

SHAK - Shake Shack Non-GAAP EPS of $0.13 beats by $0.03, revenue of $290.5M misses by $0.45M

2024-05-02 07:06:31 ET More on Shake Shack Shake Shack: Reiterate Buy Rating As Margin Improvement Initiatives Are Working Well Shake Shack Inc. (SHAK) Q4 2023 Earnings Call Transcript Shake Shack Q1 2024 Earnings Preview California's fast-food chains weigh o...

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