Shake Shack Inc at TD Cowen Future of the Consumer Conference Transcript
Okay great. All right, we're gonna get started. So I'm Andrew Charles, I'm TD Cowen's restaurant analyst, and we're thrilled to host Shake Shack CEO Rob Lynch and new CFO Michelle Hook. Shake Shack was born in New York City in 2004 and has since grown to 440 US Locations and 245 international locations. The business is known for fresh, never frozen burgers, hand-breaded chicken sandwiches, crinkle-cut fries, and creamy milkshakes.
What I think we'll do this morning, Rob or Michelle, I'll turn it over to you guys to address this morning's release and we'll take it from there.
Great. Thank you, Andrew. So I'll just start by saying that we have a ton of confidence in the Shake Shack model. I mean, we are delivering double-digit revenue growth, operating margins between 22% and 23% and double-digit new store sales growth. So those foundational principles put you in some pretty rarefied air in this industry.
We are seeing some challenges, short to
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