Shake Shack Inc. (SHAK)
Shake Shack Inc. operates in the Restaurants industry of the Consumer Cyclical sector, headquartered in New York City, NY, US. The stock last traded at $56.67, up 3.26% on the session, giving a market capitalisation of $2.29B. On trailing twelve-month figures it carries a trailing P/E of 57.66, a net margin of 2.6%. Its beta of 1.66 implies it has historically moved more than the broad market.
Shake Shack Inc. manages a global network of Shake Shack restaurants, known as Shacks, through a combination of direct ownership, operation, and licensing agreements in the United States and abroad. These eateries are renowned for their menu, which features classic American fare such as hamburgers, hot dogs, chicken sandwiches, signature crinkle-cut fries, milkshakes, frozen custard, and various beverages including beer and wine. By December 29, 2021, the company's footprint extended to 369 Shacks worldwide. This total comprised 218 company-operated units within the U.S., 25 domestically licensed establishments, and 126 internationally licensed locations. Founded in 2001, Shake Shack Inc. is headquartered in New York City.
Shake Shack Inc. is most often compared with the following Consumer Cyclical names: