Shake Shack targets 1,500 US restaurants, aiming for $1.45-1.48 billion in 2025 revenue.

Shake Shack plans a massive expansion, aiming for at least 1,500 company-operated restaurants in the US, up from 329 currently. The burger chain expects to grow its revenue by 16%-18% year-over-year to $1.45-1.48 billion in 2025, with same-store sales up 4.3% in the last quarter. CEO Rob Lynch outlined key strategies for growth and emphasized expanding internationally. Shake Shack's stock has risen 85% over the past year.

2 months ago
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