Shake Shack Announces Plans to Become as Big as Five Guys. Here's Why This Is a Risky, High-Reward Vision That Investors Should Pay Attention To.

Hamburger restaurant chain Shake Shack (NYSE: SHAK) just tripled the size of its long-term vision. But it could be the most complicated development for shareholders since the company went public a decade ago.On Jan. 13 at the 27th Annual ICR Conference, Shake Shack significantly boosted its long-term targets. When it went public, management said that there could be 450 company-owned U.S. restaurant locations someday. And it's made tremendous progress against that original goal. It only had 31 domestic company-owned locations at the end of 2014, but it now has ten times that many.Shake Shack's management believes it can have more than 1,500 domestic company-owned restaurants long term. For perspective, that would make it roughly the same size as fellow burger chain Five Guys, and it would be far bigger than other chains such as Carl's Jr. and Whataburger.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool