Shake Shack Inc (NYSE:SHAK)

$ 103.28 -1.79 (-1.7%) Market Cap: 4.09 Bil Enterprise Value: 4.66 Bil PE Ratio: 187.78 PB Ratio: 9.17 GF Score: 85/100

Shake Shack Inc at Goldman Sachs Global Retailing Conference Transcript

Sep 04, 2019 / 02:35PM GMT

Release Date Price: $104.61 (+7.59%)

Transcript

Katherine Irene Fogertey

Goldman Sachs Group Inc., Research Division - VP & Derivatives Research Strategist

All right. Great. Everybody, thank you so much for joining us here today. So I am Katherine Fogertey. I'm the Restaurant Analyst here at Goldman. And joining today, we have Randy Garutti, CEO, Shake Shack; we have Tara Comonte, the CFO of Shake Shack. So thank you all for joining us here today. We're really excited to get at this.

So what's really interesting about Shake Shack is I think most of us in the room know about, it has such tremendous brand recognition, but they only operate 140 stores today in the U.S. So when you think about an iconic brand with such strong love and recognition among its fan base relative to the number of stores, it just seems like there's a really strong opportunity here for growth. I'll bring, again, first with them prepared Q&A and then we can open it up to questions.

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