Wendy's announces hundreds of closures in the U.S. [Yahoo! Finance]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: Yahoo! Finance
Interim Chief Executive Ken Cook said Friday that a “mid single-digit percentage” of Wendy's roughly 6,000 U.S. restaurants could close over the next two years — an estimated 200 to 360 locations. The closures will focus on outlets that have been “consistently underperforming” and weighing down the brand's overall results, Cook told analysts during a quarterly earnings call “These actions will strengthen the system and enable franchisees to invest more capital and resources in their remaining restaurants,” Cook said in a statement . “Closures of underperforming units are expected to boost sales and profitability at nearby locations.” The company has not released a list of affected restaurants. The process is expected to begin in the fourth quarter of this year and continue through 2026, USA TODAY reported. Cook said the chain is also exploring alternatives to closures in some markets, such as upgrading technology, improving equipment or transferring restaurants to stronger oper
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News
- Shake Shack to Participate in Upcoming December Investor ConferencesBusiness Wire
- I tried the biggest burgers at 5 fast-food chains and ranked them from worst to best [Business Insider]Business Insider
- Should Shake Shack's (SHAK) Revenue Outlook and CFO Departure Prompt Investor Attention Now? [Yahoo! Finance]Yahoo! Finance
- Shake Shack (NYSE:SHAK) had its "strong-buy" rating reaffirmed by analysts at Raymond James Financial, Inc..MarketBeat
- Shake Shack (NYSE:SHAK) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
SHAK
Earnings
- 10/30/25 - Beat
SHAK
Sec Filings
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- 11/25/25 - Form 8-K
- SHAK's page on the SEC website