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Shake Shack & Serve Robotics Set to Launch Robot Delivery in LAIn a move that highlights the growing role of automation in the food delivery industry, Shake Shack (NYSE: NYSE:SHAK ) has teamed up with Serve Robotics to introduce autonomous sidewalk robot deliveries in Los Angeles. This partnership marks a significant step forward in the fast-food chain's efforts to enhance customer experience through innovative technology. The Partnership: A Glimpse into the Future of Food Delivery The collaboration between Shake Shack and Serve Robotics, a company spun off from Uber in 2021, will initially focus on select Shake Shack locations in Los Angeles. Customers placing orders via Uber Eats could soon find their meals delivered by Serve’s AI-powered robots, which have been operating in the city since 2022. These autonomous sidewalk robots are part of a broader trend in the restaurant and retail industries, where companies are increasingly adopting robots, drones, and self-driving cars to streamline operations and reduce delivery costs. For Serve Robotics, the partnership with Shake Shack is a crucial milestone in its ambitious plan to deploy up to 2,000 robots across the United States by 2025. Market Impact and Industry Context The announcement of the partnership had an immediate impact on the stock market, with Serve Robotics' shares surging by nearly 30% following the news. The company, which reported a significant seven-fold increase in revenue for the second quarter of 2023, is rapidly becoming a key player in the autonomous delivery space. Its partnership with retailers like 7-Eleven and now Shake Shack underscores its growing influence and market presence. This collaboration also comes at a time when the food and retail industries are under pressure to innovate. Rising labor costs and changing consumer preferences are driving companies to explore new technologies that can enhance efficiency and improve customer service. Autonomous delivery robots offer a compelling solution, providing a unique combination of convenience, affordability, and futuristic appeal. The Role of Activist Investors in Shake Shack's Strategic Direction Shake Shack’s move towards automation also aligns with broader trends in corporate strategy, where activist investors are increasingly pushing companies to unlock value through innovation and efficiency. In 2023, activist investor campaigns reached new heights, with a significant focus on environmental, social, and governance (ESG) issues, as well as technological advancements. Shake Shack (NYSE: NYSE:SHAK ), which has faced pressure from activist investors like Engaged Capital, is among the companies adopting these strategies to stay competitive in a rapidly evolving market. The partnership with Serve Robotics reflects the company’s commitment to leveraging cutting-edge technology to enhance its operations and deliver superior customer experiences. The Future of Autonomous Delivery As the partnership between Shake Shack (NYSE: NYSE:SHAK ) and Serve Robotics unfolds, it is likely to set the stage for further expansion of autonomous delivery services across the United States. The success of this initiative could pave the way for similar collaborations in other cities and potentially transform the landscape of food delivery. “We're thrilled about our collaboration with Serve Robotics and Uber Eats,” said Steph So, Senior Vice President of Digital Experience at Shake Shack. “In line with our vision of enlightened hospitality, this partnership highlights our commitment to leveraging innovation to enhance guest experiences both in and out of Shack.” For Uber, which continues to be a leader in autonomous mobility and delivery, the partnership represents another step forward in its mission to revolutionize the delivery industry. Noah Zych, Global Head of Autonomous Mobility & Delivery at Uber, emphasized the importance of this collaboration in bringing "a little more Uber magic" to Shake Shack (NYSE: NYSE:SHAK ) customers in Los Angeles. Technical Outlook Despite the presence of positive developments, Shake Shack (NYSE: NYSE:SHAK ) appears to have been unaffected as its stock has declined by 0.52% at the time of writing. In contrast, Serve Robotics' stock has surged by 30% today. Notwithstanding, certain indicators, such as the Relative Strength Index (RSI) currently at 65, provide a glimmer of hope for Shake Shack (NYSE: NYSE:SHAK ). This is observed despite the formation of a slowly emerging bearish hanging man pattern on the daily chart. Conclusion: A New Era for Shake Shack and Serve Robotics The partnership between Shake Shack and Serve Robotics marks a significant milestone in the ongoing evolution of the food delivery industry. As autonomous robots become an increasingly common sight on the sidewalks of Los Angeles, this collaboration could signal the beginning of a new era where technology and hospitality converge to create more efficient, enjoyable, and innovative customer experiences. With plans to expand their robotic fleet and geographic reach, Shake Shack and Serve Robotics are well-positioned to lead the charge in redefining how food is delivered in the modern world. As the industry watches closely, this partnership may very well set the standard for the future of autonomous delivery services.
NYSE:SHAKLong
by DEXWireNews
🍔📈 Shake Shack (SHAK) Analysis 🌍🔍Strong Performance: Shake Shack NYSE:SHAK , a growing restaurant chain, ended 2023 on a high note with successful sales strategies and margin expansion. CEO Randy Garutti highlighted the opening of 41 new U.S. restaurants and 44 international locations, including in Thailand and the Bahamas. Despite inflationary pressures, same-store sales saw a 2.8% year-over-year increase. Expansion Potential: With the Federal Reserve potentially maintaining or lowering interest rates, Shake Shack could see further expansion in 2024. With 518 locations (334 in the U.S.) at the end of 2023, there is significant growth potential. While it may not reach the size of McDonald's, it could approach Five Guys' nearly 1,500 U.S. locations, potentially quadrupling its current count. Investment Outlook: Bullish Outlook: We are bullish on SHAK above the $87.00-$88.00 range. Upside Potential: With an upside target set at $145.00-$150.00, investors should monitor sales growth and expansion efforts as key performance drivers. 📊🍔 Keep a close watch on Shake Shack's growth for promising investment opportunities! #SHAK #RestaurantGrowth 🌍📈
NYSE:SHAKLong
by Richtv_official
Shake Shack: Riding High on Gourmet Burger DemandShake Shack ( NYSE:SHAK ) stands out as a beacon of success. The gourmet burger chain has defied expectations, reporting a stellar quarterly performance that has sent its shares soaring by a remarkable 21%. The secret to Shake Shack's ( NYSE:SHAK ) triumph lies in its ability to tap into consumers' cravings for high-quality, indulgent dining experiences. While other major players in the fast-food realm struggle to attract foot traffic, Shake Shack has witnessed a staggering 15% surge in October alone, culminating in a remarkable 24% jump in December. These numbers not only defy industry trends but also underscore the enduring appeal of Shake Shack's ( NYSE:SHAK ) upscale offerings. CEO Randy Garutti attributes much of this success to strategic initiatives aimed at enhancing both the quality of their menu offerings and the efficiency of their service. New launches such as their spicy burgers and crinkle-cut fries have resonated with customers, drawing them in even as competitors falter. Additionally, savvy marketing campaigns, including limited-time promotions like the Trolls-themed shakes, have helped to keep Shake Shack ( NYSE:SHAK ) top of mind for consumers seeking a unique dining experience. Investors have taken notice of Shake Shack's ( NYSE:SHAK ) impressive performance, driving the stock to a more than two-year high. With shares trading at $95.42, the company has seen a remarkable 33% gain over the past 12 months, outpacing many of its competitors in the quick-service restaurant sector. Looking ahead, Shake Shack ( NYSE:SHAK ) remains bullish on its prospects, projecting full-year same-store sales growth in the low-single-digit percentage range. While analysts predict a more modest 2.6% rise, there is widespread confidence in the company's ability to continue its trajectory of success. Analyst Jim Sanderson of Northcoast Research emphasizes the role of quality and value in sustaining Shake Shack's organic sales growth. In an increasingly competitive landscape, Shake Shack's commitment to delivering superior dining experiences has set it apart from the pack. In summary, Shake Shack's ( NYSE:SHAK ) latest earnings report paints a picture of resilience and innovation in the face of challenging market conditions. By staying true to its core values of quality and customer satisfaction, Shake Shack ( NYSE:SHAK ) has not only weathered the storm but emerged stronger than ever, poised for continued growth and success in the months to come.
NYSE:SHAKLong
by DEXWireNews
SHACK: A Technical and Fundamental Approach to Shake ShackIf you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I will be explaining my on views on the high-end burger brand, Shake Shack (SHAK). I'll be exploring the technicals and financials of the stock, as well as the overall business model of the company. Technicals - Shake Shack's price history demonstrates a phase of immense bullish momentum - It formed a textbook cup and handle pattern, in which the breakout led to the formation of all time highs - However, after topping out, in November 2019, Shake Shack announced that it would temporarily shutter locations for upgrades in 2020 - This led to a significant drop with the addition of the Corona virus (COVID-19) pandemic, too severe to the point where the 5 year trend line support was tested. - As it was technically oversold, stock prices bounced off support, forming a reverse head and shoulders pattern - Based on the current technical setup, we could see the stock rally towards its previous all time high levels, completing the reversal pattern Financials - Shake Shack is one of the businesses that has been hit hard by the Corona virus (COVID-19) pandemic - Due to lockdowns initiated by the government, their earnings for the second quarter of 2020 were at a net loss - In terms of financials, the major issue is that they are short in cash - With $112m in cash, they are spending $1.5m every week to cover fixed costs such as rent - They have also laid off hundreds of employees and sold their stocks to secure more cash - Due to their being a 2 Billion Dollar company, Shake Shack did not quality for the government's payroll program, and thus could not receive $10m in aid - Currently, only over half of Shake Shack's licensed global units remain open, limiting Shake Shack's cash flow - However, it's also important to note that they have shown a 25% growth in revenue year over year for the past five years. Business Model - Nevertheless, Shake Shack's Business model cannot be undermined. - They have positioned themselves as a high-end burger place, unlike other fast food restaurants such as Mc Donald's (MCD) - This is a strength for Shake Shack during the Corona Virus Pandemic, as people seek to purchase luxurious goods during hard times. - As people can't eat out as frequently as they used to, when they do decide to eat out, they get an expensive meal. - Just as luxurious goods are high in demand during recessions, Shake Shack's quality burgers will continue to be in demand during the pandemic. - It's just the severity of the situation, and lockdowns initiated by the government, that prevent people from visiting Shake Shack stores as frequently as they used to. - Shake Shack's management model is highly effective and efficient, providing the customer not only a pleasant experience, but also consistently delicious burgers through their meticulous quality control. - This allows Shake Shack to scale tremendously over time, just as Mc Donald's has managed to do. - They have great brand loyalty with a huge customer return rate, and the engaging ambiance they provide at their restaurants is what sets them apart from their competitors. Conclusion Shake Shack is a extremely solid company, struggling during hard times. However, it's important to note that SHACK is an overlooked growth stock, with immense potential for scalability. Given that the virus ends some time within 2021, we could expect a fast recovery, and huge continued growth from this company, as its fundamental business model continues to remain solid.
NYSE:SHAKLong
by Michael_Wang_Official
SHAK - 28.45% Profit Potential - Bullish PennantBullish Pennant formed out of a price correction that interrupted a 5-month uptrend. Positive COVID vaccine news will act in our favor. Target price set at corridor resistance line bounce (May and Jun points). Note that I have set a very tight stop loss (right below today's VWAP) because I have a few trades going on. However, given the upside, you might want to consider giving the Stop Loss a bit more breathing. - Strong Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $59.16 Suggested Stop Loss $57.65 Target price $76.36 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NYSE:SHAKLong
by maschera
Long OPES (BURGERFI) AKA Chain Restaurant Industry $SHAK $MCDEntry $12 area 1st Target $18 2nd target $23 3rd target $32 Why? Covid 19 Took this stock down hardcore but as the restaurant industry starts to recover, this start is going to fly! it is literally a steal right now!! if market continues to be bullish, it will be like buying this stock at thrift store. This is like getting into DKNG b4 they were a thing, or TSLA when it was CHUM CHANGE!!!! In June Delivery Sales increased 65% Y/Y, and for first six months 3rd party delivery YTD + in-house app orders were up 428,000, sales reached $10.9M, order & sales volumes were up 32% and 60%. In addition to partnerships with DoorDash, GrubHub, Postmates and UberEats, BurgerFi has developed its own app for third-party delivery. OPES anticipates merger with BurgerFi to close in Q3. What is OPES/ Burger Fi? BurgerFi is an American fast casual restaurant chain focused on hormone-free and antibiotic-free angus hamburgers, french fries, hot dogs, and custard. The first location was opened in February 2011 in Lauderdale-by-the-Sea, Florida. www.burgerfi.com
OLong
by WallSt007
$SHAK Has A Big Gap To Close$SHAK is climbing after getting some love from $GS. Goldman Sachs keeps a Buy rating on Shake Shack (SHAK +8.9%) after digesting the company's ICR presentation yesterday. The firm sees significant upside from the restaurant operator's new partnership with Grubhub in particular. "As part of the partnership, GRUB has provided SHAK with detailed customer data, as well as marketing resources such as loyalty and targeted promotions," notes analyst Katherine Fogertey. She is also positive on the menu innovation highlighted yesterday by Shake Shack management at the ICR Conference. Goldman's price target of $115 on Shake Shack reps +60% upside potential and is well-above the average sell-side PT of $75.00 and 52-week high of $105.84. Shares of Shake Shack were back over $70 for the first time since early November. Shake Shack (NYSE:SHAK) also gained after presenting at the ICR Conference. A key highlight from the restaurant operator was the plan to expand at a measured pace in China, South Korea and Singapore. As for menu innovation, new chicken products are planned for the middle part of the year and the restaurant operator is set to introduce a veggie burger later in the year. The company sees improving Shack-level operating margin by working on long-term economies of scale in the supply chain and accelerating the use of technology to deliver labor efficiencies. As always, trade with caution and use protective stops. Good luck to all!
NYSE:SHAKLong
by InsiderFinancial
SHAK – Bullish Gap Fill - Real Meat Gets Bullish Trade Entry Feb. 14 Expiry. Put Credit Spread. 59/64 Strikes. Credit of $3.00 (no lower than $2.90) Risk $210. Reward $290-$300. POP - 65% Chart Details Large $10 gap from $71-$81. This must get filled IMO. White trendline is stop. Break of white trendline and trade above is invalid ($59.50 or less). Bullish EMA cross just occurred last Friday, 1/10. Bullish 10WeekMA price cross with Bullish EMA Cross is 80% guaranteed or greater IMO. Earnings play. Expected reporting date may be Feb. 24, not March. 3 (as shown on TradingView). Need to confirm as we get nearer. Source Zacks- www.zacks.com Credit to Bullishcharts for this idea after discussing BYND . Maybe we can both profit off a real meat rally, just like we did off the fake meat rally. LOL I will update if I enter this trade personally. If I enter personally, I will provide updates as we go :) About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, MCD Bullish
NYSE:SHAKLong
by MoneyPatterns
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