‘Our guidance for 2025 and our outlook for the next three years represents some of the highest growth in the restaurant industry as we invest and execute against our robust long-term opportunities ahead,’ said Shake Shack CFO Katie Fogertey, according to Fox Business.
Challengers presented by Pat LaFrieda Meats hosted by Rachael Ray at Brooklyn Army Terminal on October 18, 2024 in New York City.
(Photo by Tasos Katopodis/Getty Images for NYCWFF)] The existing restaurants together had ‘marked improvement in our profitability and returns’, said Shake Shack, according to Fox Business.
McDonald’s competitor dishes out plan to open over 1,100 new locations A burger fast food chain that competes with McDonald’s in popularity has announced plans to expand by almost 356%.
Shake Shack, which was operating 329 locations at the end of fiscal year 2024, aims to increase that number to ‘at least’ 1,500 over the long term, the company announced on Monday.
