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Shake Shack Inc. (SHAK)

NYSE - NYSE Delayed Price. Currency in USD
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44.50-1.83 (-3.95%)
At close: 04:01PM EDT
44.55 +0.05 (+0.11%)
After hours: 07:52PM EDT
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  • c
    clark
    Same shack sales up 10%, system wide sales up 30%, sounds great, yet their losses increased vs a year ago. This chain can't seem to make any money.
  • d
    dreamweaver
    Not really a good report!
  • J
    Jason
    I love shake shack unfortunately I can’t afford it anymore.
  • J
    Jason
    Chart isn’t very inspiring.. they failed… how do you fail against awful McDonald’s and Wendy’s burgers… I’m selling the last of my shares have better chances with Mcd or qsr
  • L
    Letitgrow
    Wait for $35
  • j
    jonm
    What are the fries like after they've spent 20 minutes getting delivered?
  • M
    Mike T
    I only eat out once a month instead of 4 t8me a month. This is bad news for restaurants. But is Shak a restaurant or a fast food joint? Fast food might be immune to recessions but might even take market shares from restaurants.
  • J
    Jeff Jones
    Danny Meyer, Randy Garutti, and other top management at Shake Shack were very smart to sell a ton of their SHAK stock when it was way up above 100. I wonder what suckers bought all the shares they unloaded?
  • R
    Rod
    "They simply don't deserve the multiple they trade at." Yes. Negative EPS now and throughout 2002 mentioned. SHAK is expensive with a Price to Sales ratio of 3.92x, two times above the Hotels, Restaurants & Leisure industry median PS ratio of 1.83x Price to Book of 7.09x that is more than 2 times above the industry median of 2.93x. Better opportunities elsewhere. Half of current price, $65, would still be undeserving new multiples. $20 for Burger, fries and Shake? Really?
    Bearish
  • W
    William
    I guess Shake Shack already had their price increases. Went there today and had a Smoke Shack, fries with cheese, and milk shake. With tax, the cost was over $20. Quite expensive. Needless-to-say, I won't be going back. P.S. The meal was slightly over 1,800 calories.
  • R
    Rod
    Increasing share volume, decreasing price. Appears we are headed to break below $58 toward $55.
    Bearish
  • M
    Mike
    They have not opened 50 new locations in the last 3 months. From their 10k, they opened 25 new shacks in 21 and plan to open 45 new shacks in all of 22 with these backloaded towards second half of the year. As with all restaurant chains, this number will be decreased with supply chain issues.

    They plan to have a total of 10 drive thru locations by end of '22.

    The biggest problem with this concept is their SSS Growth or lack thereof.

    The one thing they do have going for them is what they also state in their 10k - One great advantage for Shake Shack has been our birthplace and headquarters in New York City, and our origination from a finedining company. This gives us tremendous media and brand power, often outweighing our relative size

    They simply don't deserve the multiple they trade at.
  • W
    Winorlose
    Profits will be eaten up from corp taxes and inflation! Not for me at this price!!
  • R
    Rod
    Declining daily, 10-day, 20-day...volume trends. I'm wondering who is propping up price? Who unloads first, Wall Street Market Maker or Main Steet?
  • S
    Steven
    They have opened over 50 new locations in the last 3 months. They have opened locations in a bunch of international locations including Shenzhen, Macao, Guangzhou, Singapore and Beijing. They increased prices 15% last month and the lines at stores have not gone down, instead increased as COVID is disappearing. They have also opened multiple new drive throughs for the first time this year. I think they will seriously outperform the estimates created during the end of OMICRON. They also have a fantastic, well respected CEO Randy Garutti. I work as a truck screener in NYC and get to meet with the drivers who deliver their Martins bread and Pat Lafrieda beef. They tell me the amount of orders increases each week. I like this stocks potential, certainly leading up to earnings. The next few quarters will be profitable for them, I have no question about that.
  • R
    Rod
    "Shake Shack (SHAK) Benefits From Robust Same-Shack Sales" Typical puffery followed by blah blah blah yada yada yada narrative. Look at outrageous high, overvaluing P/E, P/S, P/BV ratios compared to misguiding narrative. Numbers, not narrative, are the truths
  • M
    Mike
    Can someone please explain why anyone would think this is a good investment based on their metrics? Exactly how can an analyst model for such aggressive margin expansion? And now they are beginning to open Drive Thrus which will be an additional operational challenge for a company not good at Operations. I'm short via puts and am surprised/frustrated that this hasn't dumped already.
    Bearish
  • J
    John
    Yahoo shows a $55 target price for SHAK (per Argus Research).
  • E
    Edison20
    The problem with SHAK is the food. I went to SHAK in Vernon Hills IL last summer and found the fries to be soggy. The hamburger quality was exceptional, but the toppings drown out the flavor. Seriously, I like Burger King better. Their King Burger is smaller (fewer calories), two medium quality give a better taste sensation than one high quality patty, and of course lower price.
    Bearish
  • A
    Anonymous
    Up over $5 on news we're not privy to I guess.
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