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4-Traders Homepage  >  Equities  >  Nyse  >  Shake Shack Inc    SHAK

SHAKE SHACK INC (SHAK)
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Shake Shack : To Open In West Hartford April 27

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04/19/2018 | 07:02pm CEST

April 19--Shake Shack will open in West Hartford's Corbin's Corner development on April 27 at 11 a.m., the company announced Thursday.

This is the fourth Shake Shack in Connecticut and the first in Hartford County, joining locations in Darien, New Haven and Westport.

The restaurant chain, which first started in New York in 2004 and has grown to become a global brand, is known as a "modern day roadside burger stand" with burgers, chicken sandwiches, hot dogs, fries and frozen custard treats. The West Hartford location will serve local beer by City Steam, Olde Burnside and Thomas Hooker breweries, along with Shake Shack's exclusive Brooklyn Brewery ShackMeister ale and Shake Red and White wines from Napa's Frog's Leap Winery.

Custom "frozen concrete" custards in West Hartford include Shack Attack (chocolate custard, fudge sauce, chocolate truffle cookie dough, Mast Brothers Shake Shack dark chocolate chunks, topped with chocolate sprinkles), Cookie Butter Blender (vanilla custard, cookie butter, chocolate toffee and chocolate sprinkles) and Pie Oh My (vanilla custard and slice of Four & Twenty Blackbirds seasonal pie). Five percent of sales from the Pie Oh My concrete will benefit the Hole in the Wall Gang Camp organization in Ashford.

The 2,888 square-foot Shack will have plenty of indoor seating and an outdoor patio. With Shake Shack's commitment to green architecture and eco-friendly construction, the West Hartford restaurant's tabletops will be made by CounterEvolution using reclaimed bowling alley lanes; chairs will be designed by Uhuru using sustainable materials and booths will be crafted by Staach using lumber certified by the Forest Stewardship Council, according to a press release.

Shake Shack is at 1445 New Britain Ave. in West Hartford. shakeshack.com.

___

(c)2018 The Hartford Courant (Hartford, Conn.)

Visit The Hartford Courant (Hartford, Conn.) at www.courant.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2018 449 M
EBIT 2018 26,7 M
Net income 2018 24,0 M
Finance 2018 24,6 M
Yield 2018 -
P/E ratio 2018 64,50
P/E ratio 2019 39,84
EV / Sales 2018 3,51x
EV / Sales 2019 2,71x
Capitalization 1 597 M
Chart SHAKE SHACK INC
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Shake Shack Inc Technical Analysis Chart | SHAK | US8190471016 | 4-Traders
Technical analysis trends SHAKE SHACK INC
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 42,1 $
Spread / Average Target -3,1%
EPS Revisions
Managers
NameTitle
Randall Garutti Chief Executive Officer & Director
Daniel Harris Meyer Chairman
Zachary Koff Chief Operating Officer
Tara M. Comonte Chief Financial Officer
Phil Crawford Vice President-Information Technology
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