Shake Shack CEO: Expect More Delayed Openings This Year
Photo Caption: The interior dining room of Shake Shack's innovation kitchen in New York City.
Skift Take
When routine opening problems surface — vendor disputes, landlord hassles — it doesn't look great for any restaurant trying to open. For Shake Shack, those same problems are magnified due to the brand's high level of awareness in each market.
Multiple Shake Shack locations have missed their opening target days this year, and Shake Shack CEO Randy Garutti warned today at a financial investment conference in New York that the trend will likely continue into 2019.
Shake Shack has been moving at an exponential rate of expansion, both in the United States and internationally. When the company first went public, it planned for 15 openings per year. By the end of this year, Shake Shack will have opened 33 to 34 loc
