Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
12/6/2023 | $78.00 | Outperform → Strong Buy | Raymond James |
10/19/2023 | $62.00 | Hold | Deutsche Bank |
Piper Sandler downgraded Shake Shack from Overweight to Neutral and set a new price target of $114.00 from $121.00 previously
CapitalOne initiated coverage of Shake Shack with a rating of Overweight and set a new price target of $95.00
Goldman initiated coverage of Shake Shack with a rating of Buy and set a new price target of $110.00
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 Wednesday, September 4, 2024, the Company will host a fireside chat at Goldman Sach's 31st Annual Global Retailing Conference. The fireside chat will begin at 3:15 p.m. Eastern Time. On Tuesday, September 17, 2024, the Company will host a fireside chat at TD Cowen's Sip, Snack and Scrub Summit. The fireside chat will begin at 1:25 p.m. Eastern Time. The fireside chats will be webcasted and available on the Company's Investor Relations website at http:/
Select Shake Shack customers in the Los Angeles area may receive their next order via a Serve robotServe continues to make progress towards its commitment to deploy up to 2,000 AI-powered sidewalk delivery robots on the Uber platformSAN FRANCISCO, Aug. 14, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, and Shake Shack Inc. ("Shake Shack") (NYSE:SHAK) today announced a partnership to deliver Shake Shack using Serve's autonomous delivery robots via Uber Eats, the delivery platform of Uber Technologies Inc. (NYSE:UBER).
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
4 - Shake Shack Inc. (0001620533) (Issuer)
4 - Shake Shack Inc. (0001620533) (Issuer)
4 - Shake Shack Inc. (0001620533) (Issuer)
8-K - Shake Shack Inc. (0001620533) (Filer)
144 - Shake Shack Inc. (0001620533) (Subject)
144 - Shake Shack Inc. (0001620533) (Subject)
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 (
Xponential Fitness, Inc. (NYSE:XPOF) ("Xponential" or "the Company), the largest global franchisor of health and wellness brands, today announced that Jeffrey Lawrence has been appointed to the Company's Board of Directors, effective April 10, 2024. Mr. Lawrence will serve on the Board's Audit Committee. Mark Grabowski, Chairman of the Board of Xponential, said, "Jeff is an accomplished executive and board member with decades of leadership experience at some of the most well-known consumer brands, including Domino's, FIGS and Shake Shack. In addition to his deep financial acumen and track record of value creation, he brings expertise in executing franchise expansions on a global scale. We
In the last three months, 18 analysts have published ratings on Shake Shack (NYSE:SHAK), offering a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 0 7 2 0 Last 30D 0 0 1 0 0 1M Ago 1 0 2 0 0 2M Ago 5 0 0 1 0 3M Ago 3 0 4 1 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $113.33, a high estimate of $125.00, and a low estimate of $90.00. Witnessing a positi
Wedbush analyst Nick Setyan maintains Shake Shack (NYSE:SHAK) with a Neutral and lowers the price target from $110 to $90.
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
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release second quarter 2024 financial results on August 1, 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 August 8, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13746900. The live audio webcast of
Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. System-wide sales of $443.3 million, up 12.3% versus 2023. Same-Shack sales up 1.6% versus 2023, with trends improving each month of the quarter. April SSS grew 4.9% year-over-year. Operating income of $0.0 million, versus an operating loss of $3.2 million in 2023. Restaurant-level profit(1) of $54.7 million, or 19.5% of Shack sales. Net income of $2.2 million versus a net loss of $1.6 million in 2023. Adjusted EBITDA(1) of $35.9 million, up 30.2% versus 2023. Net income attributable to Shake Shack Inc. of $2.0 million, or earnings o
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