External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

Shake Shack Inc Class A / Equity Bottom-Up

<ul><li>Investment thesis recommends shorting Shake Shack due to declining traffic, comp growth, and new unit productivity</li><li>Stock price has surged despite challenges, trading at over 100x earnings</li><li>Uncertain outlook with activist investor no longer involved and unique smashburger being commoditized, raising doubts about sustainability of growth.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Investment thesis recommends shorting Shake Shack due to declining traffic, comp growth, and new unit productivityStock price has surged despite challenges, trading at over 100x earningsUncertain outlook with activist investor no longer involved and unique smashburger being commoditized, raising doubts about sustainability of growth.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Shake Shack Inc (SHAK) - Friday, Aug 30, 2024

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul><li>Shake Shack Inc. exhibited robust performance in its second quarter of 2024, a testament to strong operational advancements and strategic initiatives.</li><li>Under the new leadership of CEO Rob Lynch, the company reported a growth in Same-Shack sales by 4%, demonstrating a sustained appeal despite a complex macroeconomic climate.</li><li>This positive trend in sales underscores the company's effective market positioning and adeptness at navigating through competitive pressures—especially noteworthy given the company's premium pricing strategy in a value-driven market.</li></ul>

Shake Shack Inc. exhibited robust performance in its second quarter of 2024, a testament to strong operational advancements and strategic initiatives.Under the new leadership of CEO Rob Lynch, the company reported a growth in Same-Shack sales by 4%, demonstrating a sustained appeal despite a complex macroeconomic climate.This positive trend in sales underscores the company's effective market positioning and adeptness at navigating through competitive pressures—especially noteworthy given the company's premium pricing strategy in a value-driven market.

Shake Shack Inc.: Global Licensing and Franchise Development To Drive Growth! - Major Drivers

<ul><li>Shake Shack reported a promising performance for the first quarter of 2024, demonstrating substantial growth and improvement across several key metrics.</li><li>Total revenue increased by 14.7% year-over-year to $290.5 million, supported by a 1.6% rise in Same-Shack sales and robust system-wide sales growth of 12.3% to $443 million.</li><li>This consistent revenue growth underscores the company's ability to expand its operational footprint effectively, with 8 new Shacks opened during the quarter contributing to this upward trajectory.</li></ul>

Shake Shack reported a promising performance for the first quarter of 2024, demonstrating substantial growth and improvement across several key metrics.Total revenue increased by 14.7% year-over-year to $290.5 million, supported by a 1.6% rise in Same-Shack sales and robust system-wide sales growth of 12.3% to $443 million.This consistent revenue growth underscores the company's ability to expand its operational footprint effectively, with 8 new Shacks opened during the quarter contributing to this upward trajectory.

Shake Shack Inc.: Brand Enhancement Through Marketing and Promotions! - Major Drivers

<ul><li>Shake Shack Inc. delivered an impressive 2023 full year, marking transformative milestones and exhibiting substantial profitable growth.</li><li>Key metrics indicate a steady growth of 24% year-over-year in the company's system-wide sales, reaching a record $1.7 billion.</li><li>The company launched 85 total restaurants (an unprecedented number in a single year) and ended 2023 with 518 Shake Shacks worldwide.</li></ul>

Shake Shack Inc. delivered an impressive 2023 full year, marking transformative milestones and exhibiting substantial profitable growth.Key metrics indicate a steady growth of 24% year-over-year in the company's system-wide sales, reaching a record $1.7 billion.The company launched 85 total restaurants (an unprecedented number in a single year) and ended 2023 with 518 Shake Shacks worldwide.

Shake Shack Inc.: Initiation Of Coverage - The 4 Fundamental Aspects Fueling Its Growth Uncovered! - Major Drivers

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/guzman-y-gomez" target="_blank" data-smartkarma-citation="entities:43656:1" rel="noopener">Guzman Y Gomez</a> plans to raise around US$160m in its Australian IPO.</li>
<li>GYG is a quick service restaurant business with more than 200 restaurants globally. It mainly focuses on fresh, made-to-order, Mexican-inspired food.</li>
<li>In this note, we talk about the not-so-positive aspects of the deal.</li>
</ul>



Guzman Y Gomez plans to raise around US$160m in its Australian IPO.
GYG is a quick service restaurant business with more than 200 restaurants globally. It mainly focuses on fresh, made-to-order, Mexican-inspired food.
In this note, we talk about the not-so-positive aspects of the deal.


Guzman Y Gomez IPO - The Negatives - Lawsuits and Management Churn

United States

Shake Shack Inc is a modern day "roadside" burger stand known for its all-natural burgers. Shake Shack is part of Danny Meyer's Union Square Hospitality Group (USHG).

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Shake Shack Inc Class A (SHAK US)

Shake Shack Inc (SHAK) - Friday, Aug 30, 2024

nvestment thesis recommends shorting Shake Shack due to declining traffic, comp growth, and new unit productivity. Stock price has surged despite...

Value Investors Club

Shake Shack Inc.: Global Licensing and Franchise Development To Drive Growth! - Major Drivers

Shake Shack Inc. exhibited robust performance in its second quarter of 2024, a testament to strong operational advancements and strategic...

Baptista Research

Shake Shack Inc.: Brand Enhancement Through Marketing and Promotions! - Major Drivers

Shake Shack reported a promising performance for the first quarter of 2024, demonstrating substantial growth and improvement across several key...

Baptista Research

Shake Shack Inc.: Initiation Of Coverage - The 4 Fundamental Aspects Fueling Its Growth Uncovered! - Major Drivers

Shake Shack Inc. delivered an impressive 2023 full year, marking transformative milestones and exhibiting substantial profitable growth. Key...

Baptista Research

Guzman Y Gomez IPO - The Negatives - Lawsuits and Management Churn

Guzman Y Gomez plans to raise around US$160m in its Australian IPO. In this note, we talk about the not-so-positive aspects of the deal.

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)