Reflecting On Modern Fast Food Stocks' Q3 Earnings: Shake Shack (NYSE:SHAK) [Yahoo! Finance]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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US:NYSE Investor Relations:
investor.shakeshack.com/investors-overview/overview/default.aspx
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Source: Yahoo! Finance
Modern fast food is a relatively newer category representing a middle ground between traditional fast food and sit-down restaurants. These establishments feature an expanded menu selection priced above traditional fast food options, often incorporating fresher and cleaner ingredients to serve customers prioritizing quality. These eateries are capitalizing on the perception that your drive-through burger and fries joint is detrimental to your health because of inferior ingredients. The 6 modern fast food stocks we track reported a mixed Q3. As a group, revenues were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Started as a hot dog cart in New York City's Madison Square Park, Shake Shack (NYSE:SHAK) is a fast-food restaurant known for its burgers and milkshakes. Shake Shack reported revenues of $316.9 million, up 14.7% year on year.
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News
- 15 Can't-Miss Food-Filled Events At Art Basel Miami Beach 2024 [Forbes]Forbes
- Are seed oils toxic? It's complicated — here's what you need to know about the war over dietary fats [Business Insider]Business Insider
- Nashville's River North development takes shape [Yahoo! Finance]Yahoo! Finance
- Investing in Shake Shack (NYSE:SHAK) five years ago would have delivered you a 97% gain [Yahoo! Finance]Yahoo! Finance
- Delta and Shake Shack team up to offer cheeseburgers on flights starting in December [USA TODAY]USA TODAY
SHAK
Earnings
- 10/30/24 - Beat
SHAK
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- 11/7/24 - Form 4
- SHAK's page on the SEC website