Burgers Are Back—Again

When it closed its initial public offering in January, Shake Shack had raised more than $112 million—which MarketWatch calculated as about $150 for each burger it sold last year. The Habit Burger Grill had a similarly spectacular IPO in November, and excitement is building for Smashburger’s expected stock-market debut later this year. Does the outsize […]

Fast-Casual IPOs: A Follow-Up

Shake Shack shook up an otherwise relatively slow news stretch this Monday by filing a prospectus for an IPO. It was a move that investors and restaurant industry observers had been waiting for, and although Shake Shack didn’t list an estimated price range or number of shares to be offered, the 63-unit New York-based chain is poised […]