Shake Shack CEO Garutti Says He’d Consider Acquiring Brands

Randy Garutti
Shake Shack CEO Randy Garutti. Photographer: Scott Eells/Bloomberg

(Bloomberg) -- Shake Shack would consider buying another co. or brand to help it expand, if it’s “really meaningful, strategic and brand-building opportunity,” CEO Randy Garutti said in interview with Bloomberg.

* Co. has “absolutely no plan for that right now,” Garutti

said * SHAK had $60.8m in cash as of April 1 * SHAK has more than tripled since trading began Jan. 30 vs

HABT +7.4%, MCD +3.4%, WEN +7.0%, CMG -12% Story Link

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To contact the reporter on this story: Leslie Patton in Chicago at +1-312-443-5925 or lpatton5@bloomberg.net To contact the editors responsible for this story: Arie Shapira at +1-212-617-1488 or ashapira3@bloomberg.net Courtney Dentch

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