Raymond James Reiterates Strong Buy Rating on Shake Shack (SHAK)

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Shake Shack Provides Fourth Quarter 2024 Business Update and Long-Term Targets

January 13, 2025 7:00 AM EST

Updates Company-operated footprint target to at least 1,500 Shacks

4QFY2024 Adjusted EBITDA grew 48% year-over-year

NEW YORK--(BUSINESS WIRE)-- 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... More

Shake Shack Names Justin Mennen as Chief Information and Technology Officer

January 10, 2025 8:00 AM EST

Mennen to Oversee all Aspects of the Companys Technology and Digital Capabilities

NEW YORK--(BUSINESS WIRE)-- 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.... More