Latest Shake Shack store count as well as the growth in the number of outlets over the last 6 years
Category: Shake Shack (SHAK)
Date: 8 August 2022 Stock price of Shake Shack: $51.56 We page through Shake Shack (SHAK) latest annual report to review the number of Shake Shak stores or outlets or as they call them Shacks that are currently open as well as show the growth in Shake Shack stores over the last 6 years.
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More About Shake Shack
Shake Shack is a modern day "roadside" burger stand serving a classic American menu of premium burgers, chicken sandwiches, hot dogs, crinkle cut fries, shakes, frozen custard, beer and wine. Originally founded in 2001 by Danny Meyer's Union Square Hospitality Group ("USHG"), which owns and operates some of New York City's most acclaimed and popular restaurants - such as Union Square Cafe, Gramercy Tavern and Blue Smoke, to name a few - Shake Shack began as a hot dog cart to support the rejuvenation of New York City's Madison Square Park through its Conservancy's first art installation, "I love Taxi." The cart was an instant success, with lines forming daily throughout the summer months over the next three years. In response, the city's Department of Parks and Recreation awarded Shake Shack a contract to create a kiosk to help fund the park's future
. In 2004, Shake Shack officially opened. It soon became a gathering place for locals and visitors alike, and a beloved New York City institution, garnering significant media attention, critical acclaim and a passionately-devoted following. Since its inception, Shake Shack has grown rapidly - - with more than 240 domestic locations in 32 U.S. States and the District of Columbia and more than 125 international locations - and we continue to expand globally bringing the Shake Shack experience to new guests around the world.
. In 2004, Shake Shack officially opened. It soon became a gathering place for locals and visitors alike, and a beloved New York City institution, garnering significant media attention, critical acclaim and a passionately-devoted following. Since its inception, Shake Shack has grown rapidly - - with more than 240 domestic locations in 32 U.S. States and the District of Columbia and more than 125 international locations - and we continue to expand globally bringing the Shake Shack experience to new guests around the world.
Number of Shake Shack Outlets
According to Shake Shack's latest annual report there are 369 Shake Shack stores. 218 of these are domestic company operated, 25 domestic licensed and 126 of these are International licensed stores. The graphic below shows the growth in the number of Shake Shack stores since 2016. And the number of Shake Shack outlets has increased from 114 in 2016 to 369 as at the end of their 2021 financial year.
In the last 12 months alone the number of Shake Shack outlets has increased by 18.6%
In the last 12 months alone the number of Shake Shack outlets has increased by 18.6%
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