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MarketScreener Homepage  >  Equities  >  Nyse  >  Shake Shack Inc    SHAK

SHAKE SHACK INC (SHAK)
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Shake Shack : launching national rollout of redesigned mobile app

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12/04/2018 | 11:33pm CET

Shake Shack has rolled out web ordering across the nation following a 10-city pilot that enabled users to place orders and skip the line for pick up, according to a company press release. It also announced this week that it has redesigned its mobile app.

The app, which allows guests to complete the ordering process using fewer screens and speeds up the ordering process by 50 percent, gives the company the ability to message customers based on where they are in the lifecycle with things like app-exclusive menu items, special offers and local offers.

Although the app doesn't currently include Venmo and Apple pay, the infrastructure is there for future integration. Shake Shack will test the payment options next year, according to a company spokesperson. 

Shake Shack, which has more than 200 locations in the U.S. and 70 around the world, developed the redesigned app in collaboration with development agency Fuzz and mobile ordering platform Olo.

Copyright © 2018 Networld Media. All rights reserved., source Industry News

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Financials ($)
Sales 2018 454 M
EBIT 2018 33,8 M
Net income 2018 19,0 M
Finance 2018 35,3 M
Yield 2018 -
P/E ratio 2018 89,26
P/E ratio 2019 60,89
EV / Sales 2018 3,81x
EV / Sales 2019 2,99x
Capitalization 1 764 M
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Technical analysis trends SHAKE SHACK INC
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 12
Average target price 54,5 $
Spread / Average Target 14%
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Managers
NameTitle
Randall Garutti Chief Executive Officer & Director
Daniel Harris Meyer Chairman
Zachary Koff Chief Operating Officer
Tara M. Comonte CFO & Principal Accounting Officer
Jeffrey Flug Independent Director
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