Is Shake Shack's Expansion Dream A Recipe For Disaster?

Shake Shack Inc. (NYSE:SHAK) faces mounting margin pressure and slowing same-store sales growth as rising beef costs and aggressive pricing in the fast-casual sector challenge its expansion ambitions.Bank of America downgraded Shake Shack to Underperform from Neutral and cut its price forecast to $86 from $148, implying an 11% downside to the current share price of $96.79.Analyst Sara Senatore said Shake Shack has strengthened its innovation process through a stage-gate system that enforces strict culinary, ...