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Delta Will Serve Shake Shack Burgers As Airline Continues Catering To First-Class
Wednesday, November 20, 2024 - 1:44pm | 630Delta Air Lines, Inc. (NYSE:DAL) announced on Tuesday that it will soon serve Shake Shack, Inc. (NYSE:SHAK) burgers to its first-class passengers on select flights. What Happened: Delta’s partnership with Shake Shack will begin on flights out of Boston on Dec. 1. First-class customers on...
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5 Restaurant Stocks To Watch After Jack In The Box Buys Del Taco: Are More Deals Coming?
Tuesday, December 7, 2021 - 9:53am | 992The restaurant sector was hit hard by the COVID-19 pandemic, with many companies that relied on dine-in guests seeing significant revenue declines. Companies that had strong drive-thru sales and third-party delivery services saw strength in different times of the pandemic. Recent Deals, IPOs:...
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Panera Returning To Public Market With IPO: How You Can Get Early Access Via SPAC Merger
Tuesday, November 9, 2021 - 11:58am | 708Panera is returning to the public markets with a future IPO that will include an investment from a restaurant-themed SPAC. The SPAC Merger: USHG Acquisition Corp (NYSE: HUGS) announced Tuesday it will be a “cornerstone partner” for an IPO of Panera Brands. Panera Brands will pursue a...
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Shake Shack's Founder On Industry's COVID-19 Recovery, Why Full Service Dining Is Hardest Hit
Monday, March 1, 2021 - 1:03pm | 527Full-service restaurants are bearing the brunt of the pandemic because the business model is not one that makes guests feel comfortable, Union Square Hospitality Group CEO and Shake Shack Inc (NYSE: SHAK) founder Danny Meyer said on "Bloomberg Markets." Why Full-Service Restaurants Are...
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'Dose Of Reality': Shake Shack, GrubHub Execs Offer Business Updates
Friday, March 20, 2020 - 3:30pm | 481Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. Unlike the 9/11 terror attacks, there is no "green light" that signals to the world it's time to go back out and resume life as best as...
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Top Chefs Choose Their Favorite Fast Food
Thursday, July 21, 2016 - 12:40pm | 420Everyone is entitled to his or her own opinion when it comes time to indulge in a fast-food guilty pleasure. Maybe you prefer McDonald’s Corporation (NYSE: MCD) fries, while your significant other prefers Nachos Bell Grande from Yum! Brands, Inc. (NYSE: YUM)’s Taco Bell. Bloomberg...
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Shake Shack CEO: This Is A Growth Story For Decades To Come
Friday, January 30, 2015 - 2:22pm | 357Burger chain Shake Shack Inc (NYSE: SHAK) had a dream debut on the New York Stock Exchange, opening over 130 percent above the opening price and continuing to trade higher. Andy Garutti, Shake Shack CEO, and Danny Meyer, founder of Union Square Hospitality Group, were on CNBC to discuss...
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IPO Outlook: Shake Shack IPO Set To Wrap Up Busy Week
Tuesday, January 27, 2015 - 8:25am | 1297Shake Shack (NYSE: SHAK) will be this week’s highlight IPO if its 5 million-share offering raises the expected $92 million in proceeds. With a price between $14 and $16, the company will be valued at nearly $570 million. Shake Shack describes itself as “a modern day '...