Shake Shack IPO
01-28-2015, 02:36 PM
#1
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Shake Shack IPO
Thoughts on this one?
I totally forgot to try this place last weekend in Vegas
Supposed to start trading this Friday.
I totally forgot to try this place last weekend in Vegas
Supposed to start trading this Friday.
01-28-2015, 06:51 PM
#3
Go Giants
My son loves that place...
01-29-2015, 05:15 AM
#4
Food cheapening begins in 3...2....1....
01-29-2015, 07:33 AM
#5
Team Owner
Shake it off, mmm-mmm.
01-29-2015, 09:43 PM
#6
Priced at $21, above $17-$19 price which was raised from $14-$16 range
01-30-2015, 08:53 AM
#7
Open price went from $29 to $41.00 now. F that.
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01-30-2015, 09:18 AM
#8
Team Owner
01-30-2015, 09:19 AM
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01-30-2015, 09:39 AM
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01-30-2015, 09:51 AM
#12
Team Owner
I want to be in the 1%. 
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Mizouse (01-30-2015)
01-30-2015, 09:54 AM
#13
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I'd like to be in the 10%
02-05-2015, 01:11 AM
#14
Fell below $47 opening price$41.32 - Down $3.66 (8.14%)
New low of $40.75. Will likely continue to fall like the rest of the over hyped restaurants/chains
03-11-2015, 04:35 PM
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03-11-2015, 04:47 PM
#16
$46.90 - Up $1.12 (2.45%) 4:03PM EDT
After Hours: $44.00 - Down $2.90 (6.18%) 5:29PM EDT
Reports loss of 5 cents per share (loss of $1.4 million) and revenue of $34.8 million (up 51.5% from $23 million a year ago). Estimates were for loss of 2 cents per share and revenue of $33.1 million.
7.2% comps vs 4% estimate.
Company trades at 938 times forward earnings! Chipotle, which has real profits, higher growth, and better same store comps, trades at 38 times forward earnings.
After Hours: $44.00 - Down $2.90 (6.18%) 5:29PM EDT
Reports loss of 5 cents per share (loss of $1.4 million) and revenue of $34.8 million (up 51.5% from $23 million a year ago). Estimates were for loss of 2 cents per share and revenue of $33.1 million.
7.2% comps vs 4% estimate.
Company trades at 938 times forward earnings! Chipotle, which has real profits, higher growth, and better same store comps, trades at 38 times forward earnings.
03-11-2015, 05:55 PM
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Well I still want to try eating at this place next time I'm in vegas
03-12-2015, 12:10 PM
#18
$49.35 - Up $2.45 (5.22%)
03-12-2015, 12:18 PM
#19
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Love their burgers! The stock not so much.
03-12-2015, 12:51 PM
#20
03-12-2015, 01:00 PM
#21
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05-13-2015, 05:27 PM
#22
After Hours : $75.10 - Up $6.74 (9.86%)
Q1 numbers:
- GAAP loss of $12.7 million ($1.06 a share) due to costs from IPO vs profit of $1.1 million (4 cents a share) a year ago
- non-GAAP profit of 4 cents a share (up from 2 cents a year ago) vs loss of 3 cents a share estimate -- beat
- revenue up 56.2% year over year to $37.8 million vs $33.96 million estimate -- beat
- same store sales up 11.7% vs 5% estimate -- beat
- Raised FY2015 revenue guidance to between $161 million and $165 million from between $159 million and $163 million. Analysts expect $164.77 million.
05-13-2015, 06:27 PM
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Was looking to pick up shake Shack but no trading money available 
05-14-2015, 08:46 AM
#24
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I mean.. their burgers are alright.. I've made an effort to eat it at least once each time I'm in NYC but In n Out beats the hell out of it and then some. definitely overpriced /: (just like their burgers themselves)
05-14-2015, 10:03 AM
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I'm gonna try one out in Vegas when I'm there in 3 weeks
05-21-2015, 06:29 PM
#28
05-21-2015, 06:31 PM
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Yea i saw that... Why? Because the whole chicken shack rumor?
05-21-2015, 08:48 PM
#30
Team Owner
Burger bubble?
05-21-2015, 09:34 PM
#31
Team Owner
Chicken Shack sounds like it should be a whore house in Vegas.
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Mizouse (05-22-2015)
05-21-2015, 09:48 PM
#32
They won't be able to use the Chicken Shack name since there's already a place called The Chicken Shack in Hermosa Beach. I guess SHAK could always buy them out to get the name.
Damn it. Now I'm craving some Chicken Shack. Maybe tomorrow.
Damn it. Now I'm craving some Chicken Shack. Maybe tomorrow.
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Mizouse (05-22-2015)
05-29-2015, 06:15 PM
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08-10-2015, 05:42 PM
#34
After Hours : $76.01 - Up $5.37 (7.60%)
Q2 numbers (based on 16 Shacks vs 10 Shacks a year ago):
- GAAP income of 8 cents a share or $1.1 million
- non-GAAP EPS of 9 cents a share (up 200% from 3 cents a year ago) vs 3 cents a share estimate -- beat
- non-GAAP profit of $3.4 million (up from $1.1 million a year ago)
- revenue of $48.5 million (up 74.7% from $27.7 million a year ago) vs $42.8 million estimate -- beat
- same store sales up 12.9% (from 4.5% growth a year ago) vs 8.5% estimate -- beat
- Raising FY2015 revenue guidance again to between $171 million and $174 million from prior range of between $161 million and $165 million which was raised from between $159 million and $163 million.
- Increasing same-Shack sales growth to mid- to high-single digits from low- to mid-single digits
Shake Shack also announced a secondary offering of 4 million shares by a selling shareholder.
08-10-2015, 06:23 PM
#35
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08-14-2015, 12:21 AM
#36
$54.49 - Down $10.30 (15.90%)
Options finally start trading in the morning. Insiders cashing out. More downside?
https://finance.yahoo.com/news/shake...132531398.html
Options finally start trading in the morning. Insiders cashing out. More downside?
https://finance.yahoo.com/news/shake...132531398.html
Shake Shack getting destroyed, stock down 14%
On Wednesday, after the market close, the burger chain priced its 4-million-share stock offering at $60 per share, $5 below where the stock closed on Wednesday.
And in afternoon trade on Thursday the stock was down nearly 14%, to around $56 per share, $4 below where the company priced its offering.
Along with its earnings release on Monday, Shake Shack said it would sell 4 million shares but not receive any of the proceeds, presumably allowing company insiders to sell shares they were previously unable to because of restrictions around the company's public debut.
Stocks typically fall after more shares are offered into the market because earnings per share decline as the denominator in this calculation — profit divided by shares outstanding — gets larger.[/B]
Since hitting a closing high of more than $92 per share in May, shares of Shake Shack are down about 30%.
And in just the three days since Shake Shack's earnings report, the stock is down more than 20%.
On Wednesday, after the market close, the burger chain priced its 4-million-share stock offering at $60 per share, $5 below where the stock closed on Wednesday.
And in afternoon trade on Thursday the stock was down nearly 14%, to around $56 per share, $4 below where the company priced its offering.
Along with its earnings release on Monday, Shake Shack said it would sell 4 million shares but not receive any of the proceeds, presumably allowing company insiders to sell shares they were previously unable to because of restrictions around the company's public debut.
Stocks typically fall after more shares are offered into the market because earnings per share decline as the denominator in this calculation — profit divided by shares outstanding — gets larger.[/B]
Since hitting a closing high of more than $92 per share in May, shares of Shake Shack are down about 30%.
And in just the three days since Shake Shack's earnings report, the stock is down more than 20%.
Last edited by AZuser; 08-14-2015 at 12:29 AM.
10-08-2015, 11:32 AM
#37
Back below IPO opening price of $47
$45.23 - Down $3.25 (-6.71%)
Shake Shack?s pre-IPO investors cashing out - MarketWatch
Shake Shack Shuffle: Danny Meyer, Leonard Green Among Investors Selling In Big Secondary Offering
$45.23 - Down $3.25 (-6.71%)
Shake Shack?s pre-IPO investors cashing out - MarketWatch
Shake Shack’s pre-IPO investors cashing out
Oct 8, 2015 11:31 a.m. ET
Founder Danny Meyer, PE investor Leonard Green among those converting, selling shares
Shake Shack Inc. on Thursday announced plans to convert Class B shares into Class A shares, enabling some early investors like Leonard Green, its top holder, to exit about nine months after the burger chain’s public debut.
In a regulatory filing, the New York company said it would convert all of its roughly 21 million Class B shares into Class A shares. All holders of those shares have filed to sell them after the exchange.
Private-equity investor Mr. Green and his affiliates, which together owned about 20% of Shake Shack as of mid-August, filed to sell most of their stake.
Founder Daniel Meyer, chief executive of Union Square Hospitality Group—which includes Union Square Cafe and Gramercy Tavern—will whittle his stake to about 30,000 shares, according to the filing.
Oct 8, 2015 11:31 a.m. ET
Founder Danny Meyer, PE investor Leonard Green among those converting, selling shares
Shake Shack Inc. on Thursday announced plans to convert Class B shares into Class A shares, enabling some early investors like Leonard Green, its top holder, to exit about nine months after the burger chain’s public debut.
In a regulatory filing, the New York company said it would convert all of its roughly 21 million Class B shares into Class A shares. All holders of those shares have filed to sell them after the exchange.
Private-equity investor Mr. Green and his affiliates, which together owned about 20% of Shake Shack as of mid-August, filed to sell most of their stake.
Founder Daniel Meyer, chief executive of Union Square Hospitality Group—which includes Union Square Cafe and Gramercy Tavern—will whittle his stake to about 30,000 shares, according to the filing.
Shake Shack Shuffle: Danny Meyer, Leonard Green Among Investors Selling In Big Secondary Offering
Shake Shack Shuffle: Danny Meyer, Leonard Green Among Investors Selling In Big Secondary Offering
Shake Shack said on Thursday that as many as 26 million shares could be up for sale in a secondary offering.
The burger chain won’t receive any of the proceeds from the offering, but it will give some key existing investors the chance to sell ahead of Shake Shack’s one-year anniversary as a public company.
The lion’s share of the offering is coming from the conversion of all its Class B shares into Class A shares, which allows its owners to cash out. Shareholders will also be able to sell a small number of restricted Class A shares.
Among the key investors who could take their profits off the table is the company’s biggest shareholder, private equity firm Leonard Green Partners. It could sell its five million shares, according to the filing. Key investor SEG Partners could also part ways with its nearly two million shares.
Founder and restaurateur Danny Meyer could also cash out on his investment of over one million shares through the offering.
According to a Shake Shack spokesperson, while the offering enables key investors to convert and sell their entire stakes, that doesn’t mean they intend to.
Shake Shack said on Thursday that as many as 26 million shares could be up for sale in a secondary offering.
The burger chain won’t receive any of the proceeds from the offering, but it will give some key existing investors the chance to sell ahead of Shake Shack’s one-year anniversary as a public company.
The lion’s share of the offering is coming from the conversion of all its Class B shares into Class A shares, which allows its owners to cash out. Shareholders will also be able to sell a small number of restricted Class A shares.
Among the key investors who could take their profits off the table is the company’s biggest shareholder, private equity firm Leonard Green Partners. It could sell its five million shares, according to the filing. Key investor SEG Partners could also part ways with its nearly two million shares.
Founder and restaurateur Danny Meyer could also cash out on his investment of over one million shares through the offering.
According to a Shake Shack spokesperson, while the offering enables key investors to convert and sell their entire stakes, that doesn’t mean they intend to.
10-08-2015, 11:54 AM
#38
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I will say thou, i did enjoy their burger when I was in Vegass.
10-16-2015, 11:58 AM
#39
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+2.38 5.61%
11-05-2015, 02:17 PM
#40
Q3 2015 analyst expectations
* EPS: 7 cents
* Revenue: $47.3 million
* Comps: 9.6%
Options pricing suggest a 9% move. Up? Down?
* EPS: 7 cents
* Revenue: $47.3 million
* Comps: 9.6%
Options pricing suggest a 9% move. Up? Down?
Last edited by AZuser; 11-05-2015 at 02:20 PM.
