I’ll admit, it’s interesting to be known as “the Crocs guy” in […]
LikeFolio Data reveals a near-term demand recovery advantage for fast-casual chains vs. traditional fast-food restaurants. This mirrors external research findings.
Fast Casual chains were impacted more significantly vs. traditional "quick-serve" restaurants because they weren't as equipped to transition to carry out, drive-thru, etc. and relied more heavily on dine-in. And now things are shifting. Key Takeaways:
Shake Shack plans to expand massively in the next 2 years and to open 90 new restaurants through 2022. We'll be watching to see how much this moves the needle for $SHAK.