The Long-Expected Restaurant Industry Contraction Is Underway [Forbes]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: Forbes
Chef and Author Gabrielle Hamilton has closed her restaurant Prune in New York City. (Photo by... [+]©Jennifer S. Altman/For The Washington Post via Getty Images)For the past few years, many people in the restaurant industry have wondered how long the boom in new places could continue.The conversation has gone on from New York to New Orleans, Chicago to Seattle, as a seemingly endless number of new restaurants has opened — and some closed faster than restaurants tended to do in the past.The growth came despite the fact that almost every restaurant found it hard to find employees, and that margins were becoming smaller and smaller as landlords raised rents and food prices went up.Now, COVID-19 seems to finally be bringing about the long-expected contraction in the restaurant industry.Both some well-known names and some less visible ones have decided to pull the plug without seeing how long the coronavirus crisis will last, or the kind of assistance that they will be able to get in orde
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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