Shake Shack CEO: 'We have no intention' of adding Beyond Meat to menu right now [CNBC]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: CNBC
Shake Shack CEO: 'We have no intention' of adding Beyond Meat to menu right now Shake Shack Beyond Meat's "We have no intention of doing it today," Shake Shack CEO Randy Garutti told CNBC's " Squawk Box Beyond's stock fell 5% in morning trading Friday, while Shake Shack's is up less than 1%. The burger chain's stock is down 2% over the last year, but shares of Beyond have soared 57% since its initial public offering at the beginning of May. Garutti said he was "fascinated" by the early sales numbers released by restaurants that have already tried it, but he wants to see if those numbers continue. His stance on the plant-based meat craze echoes that of McDonald's Burger King, Carl's Jr. and A&W Restaurants have jumped on the trend. Traffic to Burger King test locations for its plant-based Impossible Whopper outperformed the chain's national foot traffic average by 18.5% "Shake Shack was built on doing classic things better than other people did them, so let's watch a little bit," Garu
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SHAK
Earnings
- 2/15/24 - Beat
SHAK
Sec Filings
- 4/17/24 - Form 8-K
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- SHAK's page on the SEC website