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ATLANTA--(BUSINESS WIRE)--CIM Group and Centennial Yards Company today announced the signing of a long-term lease with fast-casual restaurant chain Shake Shack for a new 3,010-square-foot restaurant lease at Centennial Yards, the $5 billion, 50-acre mixed-use development in Downtown Atlanta. Shake Shack's first Downtown Atlanta location, expected to open in 2026, will bring its modern take on A...
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) [NYSE: SHAK] today announced the appointment of Michael Fanuele as Chief Brand Officer, effective Monday, September 15. Fanuele will report into Rob Lynch, CEO of Shake Shack and his role marks a new addition to the Company's leadership structure. As Chief Brand Officer, Fanuele will oversee Advertising, Paid Media and...
Shake Shack is upgraded to 'buy' after recent stock weakness, with a price target of $125–$130, offering 25–30% upside. SHAK's improved performance is driven by effective new LTOs, market share gains in LA and Denver, and strong restaurant-level profitability. Management reduced construction costs by 10%, boosting ROI per new Shack, while aiming to expand margins through supply chain and labor ...
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) is heading to the Hawaiian Islands! Shake Shack has partnered with Union MAK Corporation (“Union MAK”), a leading Hawaii-based company with decades of experience across hospitality and retail, to bring the Shake Shack experience to the Aloha State with the first Shack set to open on Oahu in 2027. Union MAK...
After falling by over 20%, Shake Shack now trades at a reasonable level with a justifiable upside potential. Its robust performance continues with its strategic business model and prudent management of store openings and new franchisees. SHAK's well-positioned balance sheet promises the sustainability of its expanding operations and debt repayments.
In an environment of value wars across fast food, Shake Shack is trying to draw diners with premium offerings at a discount. Building off of its recent success with the $10 Dubai Chocolate Pistachio Shake, Shake Shack is set to launch its latest menu innovation Tuesday, its French Onion Soup Burger.
NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that Katherine Fogertey, Chief Financial Officer, will host a fireside chat at Goldman Sach's 32nd Annual Global Retailing Conference on Wednesday, September 3, 2025. The fireside chat will begin at 1:10 p.m. Eastern Time. The fireside chat will be webcasted and available on the Company's ...
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