NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced the promotion of Michael Kark to the expanded role of President of Global Licensing, effective February 22, 2024. Kark’s new role will increase his strategic leadership and operational responsibilities as Shake Shack continues to rapidly expand its licensing model both domestically and internationally. As President of Global Licensing, Kark will focus on scaling the Company’s international infrastruc ...

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the fourth quarter and the fiscal year ended December 27, 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q4 2023 Shareholder Letter. Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer. The c ...

Shake Shack Inc. (SHAK) is scheduled to report fourth-quarter 2023 financial numbers on Feb 15, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 88.9%.What to Expect?The Zacks Consensus Estimate for fourth-quarter 2023 earnings is pegged at breakeven. In the prior-year quarter, it reported an adjusted loss per share of 6 cents. The Zacks Consensus Estimate for revenues is pegged at $279.8 million, suggesting 17.3% growth from the prior-y ...

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Scott OlsonBack in August, I placed a “Hold” rating on Shake Shack (NYSE:SHAK), saying while the company’s long-term outlook looked solid, there were some near-term headwinds it had to deal with first. The stock is up about 10% since then, pretty much in line with the S&P over the same period. Company Profile As a reminder, SHAK owns and licenses its upscale quick service restaurants in the U.S. and international. The company is best known for its high-end burgers, but it also sells other items such as ...

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Shake Shack Inc. (SHAK) is benefiting from various digital initiatives, strong same-shack sales and unit expansion efforts. Consequently, the company’s shares have risen 24.4% in the past three months compared with the industry’s growth of 9.6%. Despite these favorable factors, it is worth noting that inflationary pressure continues to pose a challenge.The currently Zacks Rank #3 (Hold) company’s 2024 earnings and sales are likely to witness year-over-year growth of 39% and 15.2%, respectively.Let’s delve d ...

Shake Shack Inc. (NYSE:SHAK) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET Company Participants Michael Oriolo – Senior Director-FP&A and Investor Relations Randy Garutti – Chief Executive Officer Katie Fogertey – Chief Financial Officer Conference Call Participants Brian Vaccaro – Raymond James Katherine Griffin – Bank of America Jim Sanderson – Northcoast Research Jeff Farmer – Gordon Haskett Brian Harper – Morgan Stanley Sharon Zackfia – William Blair Jake Bartlett – Truist Securities Mich ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☑ EXCHANGE ACT OF 1934 For the quarterly period ended September 27, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from _______ to ______ Commission file number: 001-36823 SHAKE SHACK INC. (Exact name of registrant as specified in its charter) Delaware 47-1941186 (State or ...