Growth potential with burgers🏆?
A few years ago I was the first time in Hong Kong & have in the course of the visit also come across Shake Shack. Very nice burger (you must try on occasion)....In particular in Hong Kong a TOP view while eating👀! But regardless of my taste buds in the following a few info about the company.
Simple burger joint🍔?
Shake Shack doesn't just offer simple burger menus with fries, they also offer exclusive products like Brooklyn Brewery's Shackmeister beer. In addition, local desserts & craft beers are offered as well as exclusive red and white wines developed. In addition, the company works with a natural menu, which also avoids protein from animals treated with antibiotics & hormones.
Moderate growth📈
The company has a total of 339 stores, which are located in a wide range of regions. The management also plans to increase the number of stores in China eightfold within the next 10 years. The management also sees the Asian market as an opportunity for further growth.
Since 2016, the percentage change in the number of stores has been +197%.
🔺Sales growth since 2016 is 95%
Have you tried anything from Shake Shack & if so, what did you think of the food😝?
Do you hold shares in the company or are you looking at other stocks in the industry🧐?
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Source:The Motley Fool, finanzen.net,
investing.com , Marketscreener
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