Shake Shack Inc Stock Price, News & Analysis

Shake Shack (NYSE: SHAK) and PENN Entertainment (Nasdaq: PENN) have announced a strategic licensing partnership to open ten new Shake Shack locations across PENN's casino properties nationwide. The first two locations are scheduled to open in 2026 at Hollywood Casino Toledo, Ohio and River City Casino Hotel in St. Louis, Missouri, subject to regulatory approvals.

This expansion represents Shake Shack's significant move into the entertainment space, allowing the burger brand to explore flexible formats and extend its reach to new U.S. regions. The partnership aligns with PENN Entertainment's strategy to enhance its properties with upgraded dining and entertainment options.

PENN Entertainment (NASDAQ: PENN) and Shake Shack (NYSE: SHAK) have announced a strategic licensing partnership to open ten Shake Shack locations across PENN's casino properties nationwide. The first two locations are scheduled to open in 2026 at Hollywood Casino Toledo, Ohio and River City Casino Hotel in St. Louis, Missouri, subject to regulatory approvals.

This expansion represents Shake Shack's significant move into the entertainment space, allowing the burger brand to extend its reach and bring its signature dining experience to new markets. The partnership aligns with PENN Entertainment's ongoing initiative to enhance its properties with upgraded dining and entertainment options.

Shake Shack (NYSE: SHAK) has announced its expansion into Central America through a strategic partnership with Grupo Attie-Multifood Enterprises. The deal outlines plans to open 12 Shacks across Panama by 2035, with the first location scheduled to launch in 2026. This partnership marks Shake Shack's first venture into Central America.

Grupo Attie-Multifood Enterprises, a Panamanian conglomerate operating over 400 stores across Latin America, will help create approximately 400 new jobs through this expansion. The menu will feature Shake Shack's signature items while incorporating local flavors and ingredients. This expansion represents a significant milestone in Shake Shack's global growth strategy, particularly chosen for Panama's vibrant culinary scene and strategic location.

Shake Shack (NYSE: SHAK) reported strong financial results for Q1 2025, with total revenue reaching $320.9 million, a 10.5% increase from 2024. The revenue included $309.8 million in Shack sales and $11.1 million in Licensing revenue. System-wide sales grew 10.4% to $489.4 million, while same-Shack sales showed a modest 0.2% increase.

The company's profitability improved significantly, with operating income reaching $2.8 million compared to breakeven in 2024. Net income more than doubled to $4.5 million from $2.2 million, resulting in earnings of $0.10 per diluted share. Restaurant-level profit stood at $64.2 million (20.7% of Shack sales), while Adjusted EBITDA grew 13.5% to $40.7 million.

During Q1, Shake Shack continued its expansion by opening four new Company-operated locations, including two drive-thrus, and seven new licensed Shacks.

Shake Shack (NYSE: SHAK) has scheduled its first quarter 2025 financial results announcement for May 1, 2025, before market opening. The company will host a conference call at 8:00 a.m. ET featuring CEO Rob Lynch and CFO Katie Fogertey.

Investors can access the call via phone at (877) 407-0792 for domestic callers or (201) 689-8263 for international participants. A replay will be available until May 8, 2025, using passcode 13752433. Additionally, a live audio webcast will be accessible through the Events & Presentations section on Shake Shack's Investor Relations website.

Shake Shack (NYSE: SHAK) has announced its participation in two major investor conferences this March. Katherine Fogertey, Chief Financial Officer, and Michael Oriolo, Head of Investor Relations, will represent the company at these events.

The schedule includes:

• Loop Capital Virtual Investor Conference on Monday, March 10, 2025 - meetings with institutional investors
• UBS Global Consumer and Retail Conference in New York, NY on Thursday, March 13, 2025 - featuring a fireside chat at 10:00 a.m. Eastern Time

The UBS conference fireside chat will be accessible via webcast on Shake Shack's Investor Relations website at investor.shakeshack.com under the Events & Presentations section.

Shake Shack (NYSE: SHAK) reported strong financial results for Q4 and fiscal year 2024. In Q4, total revenue reached $328.7 million, up 14.8% year-over-year, with system-wide sales of $500.7 million increasing 13.3%. Same-Shack sales grew 4.3%, while net income was $9.3 million.

For the full fiscal year 2024, the company achieved total revenue of $1,252.6 million, a 15.2% increase from 2023. System-wide sales reached $1,922.7 million, up 13.0%, with same-Shack sales growing 3.6%. The company reported net income of $10.8 million and adjusted EBITDA of $175.6 million.

Expansion continued with 43 new Company-operated Shacks and 33 new licensed Shacks opened during the year, including 19 company-operated and 9 licensed locations in Q4 alone.

Shake Shack (NYSE: SHAK) has announced it will release its fourth quarter 2024 financial results on February 20, 2025, before market opening. The company will host a conference call at 8:00 a.m. ET on the same day, featuring CEO Rob Lynch and CFO Katie Fogertey.

Investors can access the call by dialing (877) 407-0792 for domestic calls or (201) 689-8263 for international calls. A replay will be available until February 27, 2025, accessible at (844) 512-2921 (domestic) or (412) 317-6671 (international) with passcode 13750490. A live audio webcast will be available on the company's Investor Relations website, with an archived replay posted shortly after the event.

Shake Shack (NYSE: SHAK) announced key leadership appointments to support its growth strategy. Steph So, formerly SVP of Digital Experience, has been promoted to Chief Growth Officer, overseeing digital marketing, promotional strategy, consumer analytics, and culinary innovation. Luke DeRouen joins as Chief Communications Officer, managing brand strategy, marketing, and communications.

Current Chief Marketing Officer Jay Livingston will transition to special projects before departing in March. Additionally, Nancy Combs has been appointed SVP of Culinary and Calendar Innovation, bringing experience from Papa John's and Inspire Brands to drive menu strategy.

So, who joined Shake Shack in 2019, has been instrumental in digital growth and enhancing the Shack App. DeRouen brings nearly 20 years of experience, most recently serving as EVP at Zeno Group and CMO at Walk-On's Sports Bistreaux.