Wendy's Is Closing Hundreds Of Restaurants Across America: Here's Why And What To Know [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
“When we look at the system today, we have some restaurants that do not elevate the brand and are a drag from a franchisee financial performance perspective,” Cook said, per USA Today . “The goal is to address and fix those restaurants.” The company expects to bring more resources to the remaining stores as it closes the underperforming locations. “These actions will strengthen the system and enable franchisees to invest more capital and resources in their remaining restaurants,” Cook said, per CNN . “Closures of underperforming units are expected to boost sales and profitability at nearby locations.” The latest announcement comes after Wendy's closed down 140 underperforming stores. While the company now plans to close 200 to 350 restaurants, it's not clear which specific locations will be shut down. What does the latest report show about Wendy's sales? The latest quarter report shows that Wendy's sales have declined 4.7%. Meanwhile, some of the company's rivals, including
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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