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Stock impact report

There's a Downside to Shake Shack's Evolution Away From New York City [The Motley Fool]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
The burger chain aims to double its store base by 2020, but the national expansion project has some drawbacks. Demitrios Kalogeropoulos ( TMFSigma ) May 13, 2018 at 1:00PM Shake Shack  ( NYSE:SHAK ) recently announced first-quarter results that were embraced by Wall Street. The upstart burger chain didn't solve its customer traffic challenge, but its latest numbers gave investors hope that market-thumping growth pace could continue, and that the company might just reach management's aggressive goal of doubling the store base by 2020. The first quarter figures also showed that some important operating metrics will worsen as the company extends its restaurant base outside of its core New York City roots. Let's dig in to the results. Image source: Getty Images. A decent growth quarter Revenue spiked 29% to maintain about the same growth pa Show less Read more
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