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Shake Shack ( (SHAK) ) has issued an announcement.
On February 20, 2025, Shake Shack announced its financial results for the fourth quarter and fiscal year ending December 25, 2024. The company reported a 15.2% increase in total revenue for the fiscal year 2024, reaching $1,252.6 million, with significant growth in Shack sales and licensing revenue. The results highlight Shake Shack’s continued expansion, with 43 new company-operated locations and 33 new licensed locations opened in 2024, reflecting its strategic growth and strong market demand.
More about Shake Shack
Shake Shack is known for serving elevated American classics, such as made-to-order Angus beef burgers, crispy chicken, hand-spun milkshakes, and house-made lemonades, using high-quality ingredients. The company has grown into a cult brand with a strong market presence, boasting over 570 locations worldwide.
YTD Price Performance: -16.54%
Average Trading Volume: 1,035,558
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.92B
For a thorough assessment of SHAK stock, go to TipRanks’ Stock Analysis page.
