Shake Shack

Shake Shack Inc.
Company typePublic
IndustryRestaurants
GenreFast casual
FoundedJuly 2004; 20 years ago (2004-07), in New York City, United States
FounderDanny Meyer
HeadquartersNew York City, United States
Number of locations
  • 262 (United States)
  • 142 (International)
Areas served
  • United States
  • Canada
  • Bahrain
  • China
  • Hong Kong
  • Israel
  • Japan
  • South Korea
  • Kuwait
  • Malaysia
  • Mexico
  • Oman
  • Philippines
  • Qatar
  • Saudi Arabia
  • Singapore
  • Thailand
  • Turkey
  • United Arab Emirates
  • United Kingdom
Key people
ProductsHamburgers, hot dogs, french fries, chicken, milkshakes, custards, beer, wine
RevenueIncrease US$459.31 million (2018)
Decrease US$31.71 million (2018)
Increase US$15.18 million (2018)
Total assetsIncrease US$433.50 million (2018)
Total equityIncrease US$433.51 million (2018)
Number of employees
6,101 (2018)
WebsiteShakeShack.com
Footnotes / references
[1][2]

Shake Shack is an American fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew.[3] In 2004, it received a permit to open a permanent kiosk within the park,[4] expanding its menu from New York–style hot dogs to one with hamburgers, hot dogs, fries and its namesake milkshakes.

Since its founding, it has been one of the fastest-growing food chains, eventually becoming a public company filing for an initial public offering of stock in late 2014. The offering priced on January 29, 2015; the initial price of its shares was at $21, immediately rising by 123% to $47 on their first day of trading.[5][6][7][8]

Shake Shack Inc. owns and operates over 400 locations globally.

  1. ^ "US SEC: Form 10-K Shake Shack Inc". U.S. Securities and Exchange Commission. Archived from the original on May 5, 2018. Retrieved June 27, 2018.
  2. ^ McCann, K.; Tanzilo, R. (2016). Milwaukee Frozen Custard. American Palate. Arcadia Publishing Incorporated. p. 121. ISBN 978-1-62585-717-0. Retrieved November 14, 2017.
  3. ^ "Shake Shack — Story". Pentagram. Archived from the original on August 4, 2020. Retrieved February 28, 2020.
  4. ^ Welch, Liz (April 8, 2015). "Shake Shack's Danny Meyer: 'I Was Completely Convinced I Was an Imposter'". Inc.com. Retrieved August 9, 2022.
  5. ^ "Burgerzwerg erobert die Börse". Handelsblatt. January 30, 2015. Archived from the original on November 10, 2015. Retrieved November 1, 2015.
  6. ^ Ro, Sam (January 30, 2015). "Shake Shack Opens For Trading". Business Insider. Archived from the original on February 2, 2015. Retrieved November 1, 2015.
  7. ^ "Burger mania: Shake Shack stock up 120%". CNN Money. January 30, 2015. Archived from the original on November 1, 2015. Retrieved November 1, 2015.
  8. ^ Driebusch, Corrie (January 30, 2015). "Shake Shack Shares Surge in Market Debut". The Wall Street Journal. Archived from the original on September 6, 2015. Retrieved November 1, 2015.