Expansion PotentialThe current ~310 US company store base can grow to ~900 and the global store base from ~550 to ~1,900 by 2033.
Leadership And Strategic VisionNew CEO Rob Lynch offered a positive tone outlining significant opportunities for value unlock with priorities including growing SSS, improving new unit economics, and enhancing profitability.
Strong Financial PerformanceShake Shack delivered a strong 2Q print supportive of the bull case as SSS of 4% beat expectations and momentum continues into 3Q with July SSS of 4.1%.