Shake Shack Makes Deal With GrubHub
- 5 years ago
Shake Shack has made a deal with GrubHub. The deal has boosted Shake Shack's stock price.
Shake Shack traded as much as 3.6% higher in early trading Tuesday after beating earnings estimates.
Business Insider reports that Shake Shack raised its yearly revenue forecast.
The Grubhub partnership will first be rolled out to in neighborhoods in NY, NJ, Chicago, and Connecticut.
The company also announced additional expansion in mainland China, citing strength in its other Asian locations.
Shake Shack traded as much as 3.6% higher in early trading Tuesday after beating earnings estimates.
Business Insider reports that Shake Shack raised its yearly revenue forecast.
The Grubhub partnership will first be rolled out to in neighborhoods in NY, NJ, Chicago, and Connecticut.
The company also announced additional expansion in mainland China, citing strength in its other Asian locations.