Shake Shack Battles Rising Beef Costs With Clever Price Moves
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MSNBenzinga
Shake Shack Battles Rising Beef Costs With Clever Price Moves
Shake Shack raised menu prices to offset a 35% surge in beef costs, with steeper hikes on premium items. Truist trimmed margin forecasts but kept a Buy rating, noting stronger same-store sales and new menu momentum. Shares rose as the company reaffirmed its 2025 revenue outlook despite cost pressures.
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