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Stock impact report

Shake Shack reveals plans to open first Canadian location in downtown Toronto [Globe and Mail, The (Toronto, Canada)]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
The restaurant will offer a window into how Toronto-based private investment firms Osmington Inc. and Harlo Entertainment Inc. intend to replicate the New York-based brand across Canada, where they have said they will open 35 locations by 2035. Billy Richmond, Shake Shack Canada's business director, said the Toronto location will open early this summer. Most of its offerings will be recognizable to those who have tasted Shake Shack in other countries. “You're going to get the same experience you've received elsewhere in the world,” he said. That means Canadian diners will be able to get their hands on Shake Shack's burgers, crinkle-cut fries and handspun milkshakes.(The company said it has yet to settle on prices.) Shake Shack's Canadian debut comes as several other fast food chains plot expansions in the country. Inspire Brands will bring sandwich chain Jimmy John's to Canada soon, while Redberry Restaurants is plotting to open more than 300 Jersey Mike's locations in the co Show less Read more
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