Shack

Shake Shack Names Rob Lynch as Chief Executive Officer

Retrieved on: 
Thursday, March 21, 2024
Retail, Restaurant, Bar, Food, Beverage, Culture, Growth, Heinz, Shake Shack, University, Lynch, Shack, Marketing, Taco Bell, QSR, Procter & Gamble, Management

Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced that its Board of Directors has appointed Rob Lynch to the role of Chief Executive Officer and board member, effective May 20, 2024.

Key Points: 
  • Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced that its Board of Directors has appointed Rob Lynch to the role of Chief Executive Officer and board member, effective May 20, 2024.
  • “Rob’s appointment as CEO marks the beginning of our next chapter of growth as we seek to further elevate Shake Shack as a leading global brand,” said Danny Meyer, Shake Shack’s Founder and Chairman of the Board of Directors.
  • Shake Shack is special in the restaurant space – I love the food, the thoughtful Shack designs, and the soul of the brand.
  • Mr. Lynch previously served as Arby’s Brand President and Chief Marketing Officer.

Shake Shack Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024
Online Retail, Retail, Restaurant, Bar, Apps, Applications, Technology, Mobile, Wireless, Food, Beverage, Shake Shack, Shack, Letter, Event, GAAP, Bank statement, Webcast, Annual report

Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the fourth quarter and the fiscal year ended December 27, 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q4 2023 Shareholder Letter.

Key Points: 
  • Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the fourth quarter and the fiscal year ended December 27, 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q4 2023 Shareholder Letter.
  • As previously announced, the Company will restate its financial statements for the fiscal years 2022 and 2021.
  • The Company anticipates filing its Annual Report on Form 10-K for fiscal 2023 on a timely basis prior to the deadline.
  • The unaudited financial statements set forth below for fiscal 2023 and 2022 give effect to the previously announced adjustments to the Company’s accounting for state tax depreciation.

Spiritual Memoir THE CHASE is a True, Heart-Changing Reminder of God’s Unwavering Faithfulness

Retrieved on: 
Wednesday, December 27, 2023
Social media, Chase, Shack, Bible, Trinity, Life, Amazon (company)

This chance meeting sparked weeks and months filled with Bible study and prayer, eventually leading to a powerful, transformative spiritual vision.

Key Points: 
  • This chance meeting sparked weeks and months filled with Bible study and prayer, eventually leading to a powerful, transformative spiritual vision.
  • Experiencing a deeper understanding of what it meant to be a part of God’s family, Gipson’s life began to gradually undergo a major shift.
  • This ultimately led him to Kenya, where a giraffe—a key element of his vision—would confirm Gipson’s commitment to share his experiences through a memoir.
  • The Chase features supernatural signs and symbols, and it will deeply convict readers of their vices—while offering sincere hope through its core message of God’s faithfulness.

CEO Randy Garutti to Retire from Shake Shack in 2024

Retrieved on: 
Monday, December 11, 2023
Retail, Restaurant, Bar, Food, Beverage, EBITDA, Danny Meyer, Pressure, NYSE, Shake Shack, Depreciation, Annual report, Korn Ferry, Culture, Letter, Director of Operations, G&A, Eleven Madison Park, Sustainability Accounting Standards Board, GAAP, Union Square Cafe, Tabla, Fiscal, Pleasure, Food delivery, Management, Video game, Airline, Shack

Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced that Randy Garutti, the Company’s Chief Executive Officer, has informed the Board that, after more than two decades in the Company, he will retire in 2024 upon the selection of his successor.

Key Points: 
  • Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced that Randy Garutti, the Company’s Chief Executive Officer, has informed the Board that, after more than two decades in the Company, he will retire in 2024 upon the selection of his successor.
  • Mr. Garutti shared a letter to his team that is viewable here: A Message from our CEO, Randy Garutti .
  • The Company intends to retain Mr. Garutti as an advisor following his CEO service through the end of 2024 to ensure a proper transition.
  • Randy Garutti, Chief Executive Officer, stated, "It has been my honor to lead the talented Shake Shack team from our humble beginnings as a hot dog cart in Madison Square Park in New York City to the public company we are today.

Shuckin' Shack Raises $80K for the Leukemia and Lymphoma Society with Second Annual Fresh & Raw Tour

Retrieved on: 
Wednesday, November 8, 2023
Meal, Bridge, Survivor, Fresh, Heart, The Voice, Research, Truist, LLS, City, NBC, Partnership, Restaurant, Shack, Pleasure, Human voice, Music, Culture, Society, Cancer, Shuckin' and jivin', Patient, Marketing, Lynn, Lymphoma, Tourism, Nightclub, Nursing, Leukemia

WILMINGTON, N.C., Nov. 8, 2023 /PRNewswire-PRWeb/ -- After a month-long community party that spanned 16 cities and 3,500 miles, Shuckin' Shack, the oyster bar franchise, is celebrating $80,000 raised for the Leukemia and Lymphoma Society (LLS). Its 2023 Fresh & Raw Tour, presented in partnership with Truist, was a major hit, spotlighting Barrett Baber, a country rockstar who took off after appearing on NBC's The Voice, and Taylor Goyette, an up-and-coming Nashville artist with a raw, soulful sound. This dynamic duo, paired with Shuckin' Shack's fresh oysters and cold beer, made for the perfect community get-together benefitting a great cause.

Key Points: 
  • We don't use Fresh & Raw as a publicity stunt, we truly don't make any money off of it.
  • The Fresh & Raw Tour created an opportunity for the entire system to raise money for the Leukemia and Lymphoma Society in a fun way.
  • Bridges loved visiting her local Shuckin' Shack for meals, but when she learned of the Fresh & Raw Tour, she was excited to attend.
  • Having survived both lymphoma and leukemia, any opportunity to support the Leukemia and Lymphoma Society is something she's interested in.

Shake Shack Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
Retail, Restaurant, Bar, Food, Beverage, Letter, Fuze (company), GAAP, Event, NYSE, Shake Shack, Webcast, Shack

Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the third quarter of 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q3 2023 Shake Shack Shareholder Letter .

Key Points: 
  • Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the third quarter of 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q3 2023 Shake Shack Shareholder Letter .
  • Shake Shack will host a conference call at 8:00 a.m.
  • Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer.
  • A reconciliation to the most directly comparable financial measures presented in accordance with GAAP is set forth in the schedules accompanying this release.

Shake Shack Turns to Harri to Help Advance Employee Engagement

Retrieved on: 
Wednesday, September 13, 2023
Fryer, Culture, Fair Labor Standards Act of 1938, Madison Square and Madison Square Park, Shack, FLSA, United States v. Darby Lumber Co., Shake Shack, Food delivery, Retail, Management

On a federal level, the Fair Labor Standards Act (FLSA) regulates and enforces key factors of workforce management.

Key Points: 
  • On a federal level, the Fair Labor Standards Act (FLSA) regulates and enforces key factors of workforce management.
  • Other states, such as California, have requirements tied to employee scheduling.
  • With accurate, intelligent scheduling based on historical, predictive labor demands and employee preferences, Harri is helping Shake Shack support its culture of caring for its teams.
  • Luke Fryer, CEO of Harri, commented, “In a dynamic industry where employee engagement is a direct driver of revenue, creating an employee-centric culture is crucial.

Shuckin' Shack Oyster Bar Announces 2nd Annual Fresh & Raw Tour Together with Truist in Support of the Leukemia and Lymphoma Society

Retrieved on: 
Friday, August 18, 2023
Survivor, Fresh, Certification, Rocky, The Show Goes On (song), Music, Shuckin' and jivin', Seafood, Research, Appetite, LLS, NBC, Human voice, Truist, The Voice, Shack, Family, Social media, Nightclub, Tourism, Electric motor, Leukemia

WILMINGTON, N.C., Aug. 18, 2023 /PRNewswire-PRWeb/ -- Hold onto your oyster shucker, seafood lovers! Shuckin' Shack, everyone's favorite seafood restaurant franchise, is back at it again, and this time they're turning up the volume with the Fresh & Raw Tour 2023, a free concert series and charity event launched together with Truist in support of the Leukemia and Lymphoma Society. Building on the success of last year's event, which raised over $52,000, this year's tour promises to be an unforgettable experience for fans and supporters alike.

Key Points: 
  • Shuckin' Shack, everyone's favorite seafood restaurant franchise, is back at it again, and this time they're turning up the volume with the Fresh & Raw Tour 2023, a free concert series and charity event launched together with Truist in support of the Leukemia and Lymphoma Society.
  • Building on the success of last year's event, which raised over $52,000, this year's tour promises to be an unforgettable experience for fans and supporters alike.
  • "Our Fresh & Raw Tour isn't just some generic concert series — it's a giant community party with talented, successful musicians and a shared passion for shaking things up," said Jonathan Weathington, CEO of Shuckin' Shack.
  • "At Shuckin' Shack, we don't just sling oysters — we serve up a vibe, and this Fresh & Raw Tour?

Shake Shack Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023
Retail, Restaurant, Bar, Food, Beverage, Shack, Webcast, Letter, GAAP, NYSE, Event, Fuze (company), Shake Shack

Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the second quarter of 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q2 2023 Shake Shack Shareholder Letter.

Key Points: 
  • Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the second quarter of 2023 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q2 2023 Shake Shack Shareholder Letter.
  • Shake Shack will host a conference call at 8:00 a.m.
  • Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer.
  • A reconciliation to the most directly comparable financial measures presented in accordance with GAAP is set forth in the schedules accompanying this release.

SHAKE SHACK OPENS AT ATLANTIS PARADISE ISLAND, BAHAMAS

Retrieved on: 
Monday, July 24, 2023
Shake Shack, ISLAND, Atlantis, Vanilla, Digging, Aperol, Nancy Drew: Treasure in the Royal Tower, Light, Hibiscus, DIG, Collection, FIRST, Shack, Hexagon, BAR, Food delivery, Nightclub, Lumber

PARADISE ISLAND, Bahamas, July 24, 2023 /PRNewswire/ -- Atlantis Paradise Island announces the opening of Shake Shack, the elevated fine casual brand known best for its delicious, made-to-order Angus beef burgers, crispy chicken, hot dogs, hand-spun milkshakes, house-made lemonades and more. The first Shake Shack to open in the country and at a resort location features exclusive new menu items only available at Shake Shack Atlantis, a full 360-degree hexagon-shaped bar, and stunning floor-to-ceiling glass walls that offer up-close views of Atlantis' The Dig aquarium – making Shake Shack Atlantis one of the must-visit destinations in the Bahamas.

Key Points: 
  • The first Shake Shack to open in the country and at a resort location features exclusive new menu items only available at Shake Shack Atlantis , a full 360-degree hexagon-shaped bar, and stunning floor-to-ceiling glass walls that offer up-close views of Atlantis' The Dig aquarium – making Shake Shack Atlantis one of the must-visit destinations in the Bahamas.
  • Shake Shack Atlantis is adjacent to The Dig, Atlantis Paradise Island's open-air marine habitat, home to hundreds of marine species.
  • Guests of Shake Shack Atlantis will dine among the marine life, with a front-row view of the aquarium through Shake Shack's floor-to-ceiling walls.
  • "Shake Shack Atlantis is the first Shack to open in a resort location anywhere in the world.