Let’s Talk Shake Shack and Its Same-Shack Sales Chicanery
In this Market Foolery segment, host Chris Hill and Million Dollar Portfolio’s Jason Moser dissect last week’s Shake Shack (NYSE: SHAK) report and consider that what it offers investors by way of metrics is not identical to what other companies do. Take same-store sales, for example.
At nearly every other company, that’s a comparison based on stores open at least one year -- usually 13 months. "Same Shack sales?" Two years -- which means they exclude newer sites from the metric. And that's more than half the company. The real question is, how well can they do long term in this heavily competitive space?
A full transcript follows the podcast.
Source: Fool.com
Shake Shack Inc. Stock
€83.88
-0.830%
Currently there is a rather positive sentiment for Shake Shack Inc. with 18 Buy predictions and 3 Sell predictions.
As a result the target price of 106 € shows a positive potential of 26.37% compared to the current price of 83.88 € for Shake Shack Inc..
