Shake Shack, Becomes Giant Restaurant Reached $ 1.7 Billion

Shake Shack, New York Burger which starts from a hot-dog carts, now a giant restaurant reached $ 1.7 billion, Meyer, chef-owner of the pioneering and open the Shake Shack in 2004. stock starting from $ 21 and nearly touched $ 50 as trading began, and $ 46 becomes closing price.

In the 39 weeks to 24 September, Shake Shack gain $ 83.8 million and will build 450 US locations. Shake Shack will expand their wings slowly but surely. Shake Shack never do promotions with promises of fresh, premium ingredients, such as hormone-free beef and home-spun shakes

Shake Shack customers spend about $ 30 for a meal for two people, far more than visitors spent struggling fast-food giant McDonald Inc. (MCD.N), which this week after a dismal 2014 replaces CEO.

Shake Shack is a trendy restaurant that serves visitors are younger and more affluent, Shake Shack pay a little more to get quality food fresher.

By maintaining and pay attention to the quality and freshness of food, Shake Shack penetrate more than 130 percent in trading Friday after the price at $ 21 per share.


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January 31, 2015 at 8:01 AM delete

hopes to be the Chipotle of burgers

Nabila Bibi
January 31, 2015 at 8:07 AM delete

McDonalds seems to be favored by children. until now they'll be fine with the many competitors.