The owner of Shake Shack, a US fast-food chain worth over $3.41bn, has hinted the company could be looking to open "a few" outlets of the burger and milkshake restaurant in Dublin. During the presentation, Garutti said that its international business was one of Shake Shack's "most important" opportunities. Since its first outlet opened in 2004 in New York, Shake Shack has expanded to approximately 300 locations across 30 US states. Shake Shack has over 100 international locations, including London, Hong Kong, Shanghai, Dubai, Tokyo, Moscow and Seoul. Shake Shack's total revenue in the third quarter of this year decreased by 17.3pc from the same period last year to $130.4m (€107m).

Source: Irish Independent December 06, 2020 01:30 UTC