Why Shake Shack Stock Gained 59% So Far in 2019 [The Motley Fool]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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investor.shakeshack.com/investors-overview/overview/default.aspx
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Source: The Motley Fool
Why Shake Shack Stock Gained 59% So Far in 2019 Faster growth at existing locations has investors believing in the burger chain's expansion hopes again. It has been a sizzling year for Shake Shack ( NYSE:SHAK ) shareholders as the stock gained 59% in the first half of 2019 compared to a 17% increase in the S&P 500, according to data provided by S&P Global Market Intelligence . Investors were pleased to hear that the better-burger chain ended fiscal 2018 on an upswing. Customer traffic returned in the fourth quarter, leading to comparable-store sales growth of 2% compared to a minor decrease in the prior quarter. That positive momentum continued into the new year , with comps rising nearly 4% in the first quarter thanks to a mix of higher prices and increased customer visits. Shake Shack's core growth figures still aren't impressive compared to the wider industry. Leader McDonald's , after all, far outpaced the upstart's comps over the past year. But investors are excited about the po
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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