What to Expect From Shake Shack Inc in 2018 [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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US:NYSE Investor Relations:
investor.shakeshack.com/investors-overview/overview/default.aspx
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Source: The Motley Fool
Look for the fast-casual chain to speed up new store openings and harness technology as it moves into 2018. 2017 has been a middling year for Shake Shack Inc ( NYSE:SHAK ) ; shares of the better-burger chain have increased just 5% this year, short of the S&P 500 's gains of 16%. In fact, Shake Shack stock has traded sideways for the last two years, a disappointing result after a splashy IPO in January 2015. Looking ahead to 2018, should investors expect more of the same? Let's take a closer look. Image source: Shake Shack. Accelerating store openings The most promising news the fast-casual chain has revealed about next year is that it plans to open 32-35 new domestic company-operated restaurants and 16-18 licensed Shacks. That figure is up from 24-26 company-owned restaurants to be opened this year, meaning the store base should grow by more than a third next year from about 90 at the end of 2017, a promising sign for continued revenue and bottom-line gro
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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