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Here's Why Shake Shack (SHAK) is a Strong Momentum Stock
Zacks Investment Research· 2024-01-30 15:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...
Why Shake Shack (SHAK) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-01-25 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style ...
Here's Why Investors Should Retain Shake Shack (SHAK) for Now
Zacks Investment Research· 2024-01-19 16:17
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(SHAK) - 2023 Q3 - Earnings Call Transcript
2023-11-02 19:15
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 ...
Shake Shack(SHAK) - 2023 Q3 - Quarterly Report
2023-11-02 16:00
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 ...
Shake Shack(SHAK) - 2023 Q3 - Earnings Call Presentation
2023-11-02 15:54
Third Quarter 2023 Shareholder Letter 1 Garden City, RI Q3 2023 HIGHLIGHTS BUSINESS OVERVIEW THIRD QUARTER 2023 HIGHLIGHTS: • Total revenue grew 21.2% year-over-year to $276.2m. • Shack sales grew 20.7% year-over-year to $265.0m. • Licensing revenue grew 35.1% year-over-year to $11.2m. • System-wide sales grew 24.3% year-over-year to $438.9m. • Average weekly sales (AWS) grew 1.4% year-over-year to $74k. • Same-Shack sales (SSS) grew 2.3% year-over-year. • Operating income of $5.7m versus operating loss of ...
Shake Shack(SHAK) - 2023 Q2 - Earnings Call Transcript
2023-08-03 18:43
Shake Shack Inc. (NYSE:SHAK) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Michael Oriolo - Director-FP&A Randy Garutti - Chief Executive Officer and Director Katie Fogertey - Chief Financial Officer Conference Call Participants Brian Mullan - Piper Sandler Michael Tamas - Oppenheimer & Company Peter Saleh - BTIG Jake Bartlett - Truist Securities Brian Vaccaro - Raymond James David Tarantino - Baird Andy Barish - Jefferies John Ivankoe - JPMorgan Chase & Co. Jim Sanderson - ...
Shake Shack(SHAK) - 2023 Q2 - Quarterly Report
2023-08-03 16:00
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 June 28, 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 other ...
Shake Shack(SHAK) - 2023 Q1 - Earnings Call Transcript
2023-05-04 18:34
Shake Shack Inc. (NYSE:SHAK) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Annalee Leggett - Director of Investor Relations & FP&A Randy Garutti - Chief Executive Officer Katie Fogertey - Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Capital Michael Tamas - Oppenheimer & Co. Jake Bartlett - Truist Securities Drew North - Robert W. Baird & Co. Jim Sanderson - Northcoast Research Maggie O'Hearn - Raymond James John Ivankoe - JPMorgan Chase & C ...
Shake Shack(SHAK) - 2023 Q1 - Quarterly Report
2023-05-04 16:00
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 March 29, 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 othe ...