Shake Shack CEO Garutti Says He’d Consider Acquiring Brands
(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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