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Stock impact report

Burger chain named as America's most expensive fast-food restaurant: ‘Overpriced' [FOX Business Network]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
According to a recent study surveying American consumers on fast-food prices, a burger chain came out on top for having the most overpriced menu. The study comes as Americans say that they have felt the pinch of inflation and price hikes like never before. The study conducted by Preply said Shake Shack was ranked the most overpriced restaurant for chains, followed by Five Guys and the Sugar Factory. In March, Shake Shack raised its prices by 3%. FOX Business has reached out to Shake Shack and Five Guys for comment. To make their determinations, researchers analyzed the language of 57,245 reviews for over 10,000 restaurants in 50 cities across the country. To determine the scores for being overpriced, the authors looked for keywords — such as "pricey" or "rip-off" — in restaurant reviews in each city and analyzed how frequently they were used by patrons The cities with the most overpriced restaurants were Oakland and San Jose, California, and Virginia Beach, Virginia., acc Show less Read more
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