Shake Shack - US Fast Food Chain Benefits from Rising Consumer Spending and Surprises with Strong Q3 Numbers!
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Business Driver: Shake Shack (SHAK) has established itself in the fast-food segment for premium restaurants. Currently, Shake Shack, like other US fast-food chains, can benefit from the emerging revival in consumer demand. By focusing on digital ordering terminals in-store alongside online orders, the company has significantly improved its margins recently. Fresh impulses are promised through a partnership with Serve Robotics and Uber Eats, where orders placed via Uber Eats will be delivered to customers at Shake Shack by autonomous all-electric...
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