Soon there could be a location on every corner...if there isn't already!
NYC-based Shack Shack has offered hungry customers a more refined burger for nearly two decades, growing from a single hot dog cart in Madison Square Park into a publicly-traded company. The burger brand opened 36 new domestic units and 33 new licensed locations last year, ending 2022 boasting an impressive 436 restaurants.
Looking ahead to 2023, Shake Shack expects 40 more new locations this year, with 6 expected in the first quarter. PerMeanwhile, Shack Shackfor Q4 2022. The chain had to raise prices in 2022 due to inflation, but also enjoyed a boost in customer traffic. Even better, that positive momentum appears to have carried over into this year; comparable sales were up 17% in January 2023.
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