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

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>

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

    Before it's here, it's on the Bloomberg Terminal. LEARN MORE