Deutsche Bank initiated coverage on Shake Shack with a new price target
$SHAK
Restaurants
Consumer Discretionary
Deutsche Bank initiated coverage of Shake Shack with a rating of Hold and set a new price target of $62.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | $154.00 | Hold → Buy | Gordon Haskett |
| 1/7/2025 | $125.00 → $159.00 | Equal Weight → Overweight | Barclays |
| 8/19/2024 | $121.00 → $114.00 | Overweight → Neutral | Piper Sandler |
| 7/29/2024 | $95.00 | Overweight | CapitalOne |
| 6/13/2024 | $110.00 | Buy | Goldman |
| 3/22/2024 | $108.00 → $120.00 | Outperform | Oppenheimer |
| 3/7/2024 | $91.00 → $125.00 | Market Perform → Outperform | TD Cowen |
| 12/20/2023 | $74.00 | Hold | HSBC Securities |
8-K - Shake Shack Inc. (0001620533) (Filer)
10-Q - Shake Shack Inc. (0001620533) (Filer)
8-K - Shake Shack Inc. (0001620533) (Filer)
SC 13G/A - Shake Shack Inc. (0001620533) (Subject)
SC 13G/A - Shake Shack Inc. (0001620533) (Subject)
SC 13D/A - Shake Shack Inc. (0001620533) (Subject)
Mennen to Oversee all Aspects of the Company's Technology and Digital Capabilities Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Justin Mennen as Chief Information and Technology Officer, effective January 13, 2025. Mennen will report to Rob Lynch, CEO of Shake Shack, and will oversee all aspects of technology. "Justin brings a wealth of experience as a technology leader to Shake Shack, along with an impressive track record of driving innovation across industries," said Lynch. "He's joining us at a pivotal time in our growth, and we're confident his expertise will play a key role in elevating our operations and delivering an even better
Sentell Brings Proven Leadership, Operational Innovation and Strong P&L Experience to the Company Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that it has appointed Stephanie Sentell to the role of Chief Operations Officer, effective July 1, 2024. Stephanie is a seasoned restaurant executive and most recently served as Senior Vice President of Company Operations at Inspire Brands, where she oversaw the operations of more than 1,100 company-owned Arby's restaurants and led 22,000 restaurant team members across the United States. "I have known Stephanie for more than 10 years and she is one of the most dynamic and compassionate leaders that I have ever wor
Joe & the Juice ("the Company"), an urban juice bar and coffee concept selling freshly prepared juices, shakes, sandwiches, and coffee using natural and organic ingredients, today announced that Jeffrey Lawrence, a seasoned foodservice, consumer retail, franchising, and technology industry executive, has joined the Company's Board of Directors. Mr. Lawrence's appointment will support Joe & the Juice as it further accelerates its growth and expansion in international markets. Mr. Lawrence brings more than 25 years of leadership experience in building and franchising digitally enabled foodservice and consumer brands. He previously served in global senior leadership roles at Domino's Pizza (
Gordon Haskett upgraded Shake Shack from Hold to Buy and set a new price target of $154.00
Barclays upgraded Shake Shack from Equal Weight to Overweight and set a new price target of $159.00 from $125.00 previously
Piper Sandler downgraded Shake Shack from Overweight to Neutral and set a new price target of $114.00 from $121.00 previously
4 - Shake Shack Inc. (0001620533) (Issuer)
4 - Shake Shack Inc. (0001620533) (Issuer)
4 - Shake Shack Inc. (0001620533) (Issuer)
Updates Company-operated footprint target to at least 1,500 Shacks 4QFY2024 Adjusted EBITDA grew 48% year-over-year Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) announced preliminary unaudited results for the fiscal fourth quarter and fiscal year ended December 25, 2024 ahead of presenting at the 27th Annual ICR Conference today in Orlando, Florida. The Company also provided an updated outlook on its long-term targets, including now seeing the potential for its Company-operated footprint to reach at least 1,500 Shacks over time, versus the prior target of 450 that was provided in conjunction with the Company's February 2015 initial public offering. "Since the Company'
Mennen to Oversee all Aspects of the Company's Technology and Digital Capabilities Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Justin Mennen as Chief Information and Technology Officer, effective January 13, 2025. Mennen will report to Rob Lynch, CEO of Shake Shack, and will oversee all aspects of technology. "Justin brings a wealth of experience as a technology leader to Shake Shack, along with an impressive track record of driving innovation across industries," said Lynch. "He's joining us at a pivotal time in our growth, and we're confident his expertise will play a key role in elevating our operations and delivering an even better
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), today announced that Rob Lynch, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer, will be participating in the following investor conferences: On Monday, January 13, 2025, the Company will present at the 27th Annual ICR Conference in Orlando, FL. The presentation will begin at 9:00 a.m. Eastern Time. On Tuesday, January 28, 2025, the Company will be meeting with institutional investors at the Jefferies SMid Cap Consumer Conference in Boston, MA. The presentation will be webcasted and available on the Company's Investor Relations website at http://investor.shakeshack.com on the Events & Presentat
Total revenue of $316.9 million, up 14.7% versus 2023, including $304.9 million of Shack sales and $12.0 million of Licensing revenue. System-wide sales of $495.1 million, up 12.8% versus 2023. Same-Shack sales up 4.4% versus 2023. Operating loss of $18.0 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus operating income of $5.7 million in 2023. Restaurant-level profit(1) of $64.2 million, or 21.0% of Shack sales. Net loss of $11.1 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus net income of $8.1 million in 2023. Adjusted EBITDA(1) of $45.8
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release third quarter 2024 financial results on October 30, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until November 6, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13748716. The live audio webcast o
Total revenue of $316.5 million, up 16.4% versus 2023, including $305.5 million of Shack sales and $11.0 million of Licensing revenue. System-wide sales of $483.7 million, up 13.5% versus 2023. Same-Shack sales up 4.0% versus 2023. Operating income of $10.8 million versus $4.7 million in 2023. Restaurant-level profit(1) of $67.1 million, or 22.0% of Shack sales. Net income of $10.4 million versus $7.2 million in 2023. Adjusted EBITDA(1) of $47.2 million, up 27.4% versus 2023. Net income attributable to Shake Shack Inc. of $9.7 million, or earnings of $0.23 per diluted share. Adjusted pro forma net income(1) of $12.1 million, or earnings of $0.27 per fully exchang