Monday, 29 December 2014

8 Things We Learned About Shake Shack From Its IPO Filing

From Manhattan’s unique love affair with the Shackburger to concerns about the fate of Moscow’s Shake Shacks amid Western sanctions, there was plenty to learn in the company’s SEC filing.



M. Bitter / Via flic.kr



Danny Meyer, chief founder of the Union Square Hospitality Group and Shake Shack.


AFP / Getty Images NICHOLAS KAMM


That's equivalent to about 1.5 million of its $4.95 Shackburgers, which would equal more than 4,000 burgers sold each day, per location. Manhattan is the star market for the chain, with average store sales almost double that of non-Manhattan outlets.




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