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Shake Shack Has Outgrown Chipotle Over the Last 5 Years. This 1 Chart Shows Why Chipotle Is Still Crushing Shake Shack in the Stock Market
SHAKShake Shack(SHAK) The Motley Fool·2024-08-17 20:25

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 ...