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Shake Shack Inc. is a modern fast-casual restaurant chain that specializes in serving elevated versions of classic American comfort foods. Known for its fine-casual dining experience, the company offers a menu featuring premium ingredients and a commitment to quality. Shake Shack operates both company-owned and licensed locations across the United States and internationally, bringing its unique roadside burger stand concept to a global audience.
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Shack Sales - Generates revenue from the sale of food, beverages, Shake Shack-branded merchandise, and gift card breakage income at domestic company-operated Shacks.
- Menu Offerings - Includes 100% Angus beef burgers, crispy chicken sandwiches, hot dogs, crinkle-cut fries, hand-spun milkshakes, house-made lemonades, beer, and wine.
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Licensing Revenue - Earns revenue from licensed Shacks operated by third parties, primarily in international markets, based on a percentage of sales.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Robert Lynch ExecutiveBoard | Chief Executive Officer | Board Member at Kontoor Brands, Inc. | CEO of Shake Shack since May 2024; previously CEO of Papa John’s and President of Arby’s; expertise in marketing, operational efficiency, and brand growth. | View Report → |
Katherine Fogertey Executive | Chief Financial Officer | Member of the Society of Fellows for the Culinary Institute of America | CFO of Shake Shack since June 2021; previously VP & Lead Equity Analyst at Goldman Sachs; instrumental in Shake Shack's digital evolution and financial growth. | |
Ronald Palmese Jr. Executive | Chief Legal Officer | None | Chief Legal Officer of Shake Shack; confirmed in role as of August 2024; no additional details provided in documents. | |
Stephanie Sentell Executive | Chief Operations Officer | None | COO of Shake Shack since July 2024; previously SVP of Company Operations at Inspire Brands and held leadership roles at Arby’s and Dairy Queen. | |
Anna Fieler Board | Director | Board Member at QuinStreet and J.Crew Group; Founder & Partner at Madison Park Ventures | Director at Shake Shack since December 2017; expertise in digital marketing and governance; previously CMO at PopSugar and Shutterfly. | |
Charles Chapman III Board | Director | Partner at Act III Holdings; Board Member at Taymax | Director at Shake Shack since July 2023; over 25 years of restaurant industry experience; previously CEO of Tatte Bakery & Café. | |
Daniel Meyer Board | Chairman of the Board | Founder & Executive Chairman of Union Square Hospitality Group; Board Member at Olo, Madison Square Park Conservancy, and USHG Acquisition Corp. | Chairman of Shake Shack since 2010; founder of Union Square Hospitality Group; extensive experience in hospitality and governance. | |
Jeff Flug Board | Director | Chairman of the Board at Tender Green; Board Member at Pennant Park Investment Corporation and Momentous | Director at Shake Shack since January 2010; extensive financial and leadership experience; former CFO and COO at Union Square Hospitality Group. | |
Jeffrey Lawrence Board | Director | Board Member at Xponential Fitness | Director at Shake Shack since May 2023; former CFO of Domino’s Pizza and FIGS, Inc.; expertise in financial strategy and capital markets. | |
Joshua Silverman Board | Director | CEO and Board Member at Etsy; Board Member at Code Nation and Clubbed Thumb Theater | Director at Shake Shack since November 2016; CEO of Etsy since 2017; expertise in strategic planning, sustainability, and leadership. | |
Lori George Board | Director | Board Member at Pioneer Natural Resources, NAACP Foundation, and others | Director at Shake Shack since October 2022; former Global Chief DEI Officer at Coca-Cola; expertise in diversity, equity, and inclusion. | |
Sumaiya Balbale Board | Director | Chief Marketing Officer at Sequoia Capital | Director at Shake Shack since March 2019; expertise in e-commerce and digital marketing; previously VP of E-commerce at Walmart and Jet.com. | |
Tristan Walker Board | Director | Board Member at Foot Locker; Founder of CODE2040 | Director at Shake Shack since June 2020; founder of Walker & Company Brands; expertise in brand strategy and marketing. |
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You mentioned closing nine underperforming Shacks generating $17 million in sales over the past four quarters but did not detail the cost impact; can you quantify how these closures will affect your restaurant-level margins and overall profitability?
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With your emphasis on strategic product innovation, are there specific gaps in your menu that you're targeting to enhance Shake Shack's relevance in the market?
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Despite positive traffic driven by promotions, you experienced negative mix impact; how do you plan to balance traffic growth with improving menu mix and maintaining margins over time?
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Do you view margin expansion as a significant opportunity for Shake Shack, and can you elaborate on your long-term plan and vision for improving margins, including any supply chain initiatives?
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Considering the geopolitical challenges in international markets like China and the Middle East affecting your licensed business, how do you plan to mitigate these risks and achieve your licensing revenue targets?
No recent press releases or 8-K filings found for SHAK.