Shake Shack is significantly expanding its presence in the U.S., now targeting at least 1,500 domestic locations, up from a previous goal of 450. The fast-casual burger chain plans to open 80-85 new restaurants in 2025, with 45 being company-operated and 40-45 through licensing. Since its first location in 2004, Shake Shack has grown to over 550 locations globally, including more than 350 in 33 U.S. states. CEO Rob Lynch, who took over in March, sees a long runway for growth and is focused on delivering the company’s “fine casual” dining experience to more customers. As part of this expansion, Shake Shack is diversifying its real estate options, including developing smaller units and exploring suburban drive-thru locations. 

In its fourth-quarter results, Shake Shack reported a 14.8% increase in total revenue, reaching $328.7 million, with same-store sales rising by 4.3%. The company’s total revenue for the year hit $1.3 billion. Looking ahead, Shake Shack expects continued strong growth in 2025, projecting revenue to rise by 16-18%, with restaurant margins expanding to 22% and adjusted EBITDA growing by 14-20%. CFO Katie Fogertey highlighted the company’s robust long-term growth potential, emphasizing Shake Shack’s commitment to expanding its footprint and delivering financial benefits for shareholders and employees. 

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Shake Shack plots massive expansion | Chain Store Age