It’s really no exaggeration to say that Shake Shack (NYSE: SHAK ) is riding the wave of fast-food inflation. That seems like a cliché when looking at the fast-casual segment, but theI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our a ...

Shares of Shake Shack Inc. (SHAK) have increased 48.4% year to date compared with the industry’s 4.8% growth. The company is benefiting from menu innovation, digital Initiatives and unit expansion efforts. Also, focus on cost-saving measures bodes well. However, inflationary pressures are a concern.Growth Drivers for SHAK StockShake Shack’s premium product offering, featuring high-quality ingredients and innovative menu items, has been a cornerstone of its success. Despite a market shift toward value-orient ...

Shake Shack will shutter six underperforming California locations — the latest fast food chain to close restaurants after the state enacted its controversial $20 minimum wage. The burger chain, which will close nine Shake Shacks overall, said the move was a result of a periodic evaluation of its portfolio of company-operated units, according to a filing with the Securities and Exchange Commission on Tuesday.“These Shacks are not projected to provide acceptable returns in the foreseeable future,” the filing ...

SeanPavonePhoto/iStock Editorial via Getty Images Despite the threat of a looming recession, 2024 has been a successful year in the stock market for many fast-casual restaurant brands. Shake Shack (NYSE:SHAK), the burger concept invented by Michelin-lauded restauranteur and chef Danny Meyer, is no exception. Year to date, Shake Shack stock has rallied more than 40%, energized by new leadership as the company brought on the former CEO of Papa John's Pizza to lead the company. Data by YCharts Shake Shack ...

Shake Shack Inc (NYSE:SHAK) stock is down 3.1% to trade at $104 at last check, after Piper Sandler downgraded the fast food chain to "neutral" from "overweight," and cut its price objective to $114 from $121. Shares are pulling back from their highest level since May, but still sport a 40.2% year-to-date lead, with familiar support at the $102 region ready to contain any additional losses.What's more, the equity's recent peak comes amid historically low implied volatility (IV), which has been a bullish comb ...

Shake Shack may finally be positioning itself for stronger share price returns.On Aug. 1, popular burger chain Shake Shack (SHAK -1.94%) reported financial results for its fiscal second quarter, showing revenue growth of 16%. That was almost as good as the 18% revenue growth Chipotle Mexican Grill (CMG -2.78%) reported in its second quarter.This is normal. The two chains have grown at a similar pace over the last five years with Shake Shack slightly outpacing Chipotle. But if you invested $1,000 in Chipotle ...

mizoula Investment overview I give a buy rating for Shake Shack Inc. (NYSE:SHAK) as the growth outlook is solid. I expect SHAK to grow at a mid-teen percentage level for the next two years, supported by strong same-store sales growth and the opening of new stores. Combined with an expanding adj EBITDA margin, SHAK should achieve ~$250 million of adj EBITDA by FY26. Business description SHAK is a fast food business that sells burgers, fries, milkshakes, and other menu items. The business operates on two main ...

Serve Robotics (NASDAQ:SERV) stock is on the rise Wednesday after the autonomous delivery robots company announced a new collaboration with Shake Shack (NYSE:SHAK).With this agreement Serve Robotics’ autonomous delivery robots will be used to deliver food from Shake Shack to customers. Also included in this partnership is Uber (NYSE:UBER), which will handle the orders through its Uber Eats platform.It’s worth highlighting that this delivery partnership is only available for residents ordering from Shake Sha ...

U.S. markets were relatively calm Monday as Wall Street entered the home stretch of second-quarter earnings season after a volatile week of trading fueled by recession fears. Trading activity often picks up during the month or so every quarter in which America's largest companies report results. But this past month, especially the last two weeks, has been characterized by abnormal swings in the stock market. Volatility spiked last week to its highest since the onset of Covid-19 after a soft jobs report and ...

Key TakeawaysShake Shack's earnings earlier this week showed its sales surged from a year ago.A number of its burger-selling rivals like McDonald's, however, have struggled with customers pulling back on spending and introduced value meals to drive sales in recent months.Shares of Shake Shack have climbed along with its sales, up 30% from the start of the year through Friday's close, while shares of McDonald's, Wendy's, and Burger King parent Restaurant Brands International slumped.Analysts and Shake Shack ...