Shake Shack (SHAK), the celebrated purveyor of gourmet burgers and shakes, has cooked up a rollercoaster journey in the stock market since its flavorful debut. The chart below lays out the annual performance of Shake Shack’s stock, illustrating a savory saga of growth and challenges. This narrative captures the brand’s resilience and innovation in the face of fluctuating market appetites, serving up a mix of succulent gains and bitter losses.
Annual Returns of Shake Shack Stock (SHAK)
| Year | Beginning | Ending | Gain/Loss | S&P 500 |
|---|---|---|---|---|
| 2023 | $41.68 | $74.12 | 77.83% | 24.73% |
| 2022 | $74.57 | $41.53 | -44.31% | -19.95% |
| 2021 | $82.43 | $72.16 | -12.46% | 28.79% |
| 2020 | $61.13 | $84.78 | 38.69% | 15.29% |
| 2019 | $44.55 | $59.57 | 33.71% | 28.71% |
| 2018 | $43.68 | $45.42 | 3.98% | -7.01% |
| 2017 | $36.13 | $43.20 | 19.57% | 18.42% |
| 2016 | $38.55 | $35.79 | -7.16% | 11.24% |
| 2015 | $45.90 | $39.60 | -13.73% | -0.69% |
The table above displays the SHAK Yearly Return Rate, highlighting Shake Shack’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
Shake Shack (SHAK) Stock History
Shake Shack’s Market Debut and Early Years (2015-2017)
Shake Shack (SHAK) entered the stock market with zest in 2015, starting at $45.90 per share. The initial excitement was tempered by market realities, as the company experienced a -13.73% decline in its first year, closing at $39.60.
This period of adjustment didn’t dampen the spirits of this rapidly expanding eatery chain. In 2016, despite a slight -7.16% dip, closing at $35.79, the resilience of the brand began to show.
By 2017, Shake Shack had found its stride, rallying to a 19.57% increase and closing the year at $43.20, showcasing the brand’s potential for growth and the increasing appetite for its offerings among investors.
Growth and Volatility (2018-2020)
The period from 2018 to 2020 marked a time of significant growth and volatility for Shake Shack. In 2018, the company saw a modest gain of 3.98%, ending the year at $45.42, as it continued to expand its global footprint.
The real momentum was gained in 2019, with the stock surging 33.71% to close at $59.57, reflecting investors’ growing confidence in the brand’s expansion strategy and operational efficiencies.
The year 2020 was a testament to Shake Shack’s resilience amidst challenges, with the stock achieving a remarkable 38.69% gain and closing at $84.78, outperforming many peers during a tumultuous market.
A Period of Correction (2021-2022)
After the highs of the previous years, Shake Shack faced a period of correction in 2021 and 2022. In 2021, the stock experienced a -12.46% decrease, closing the year at $72.16. This downturn was part of a broader market recalibration, with Shake Shack adjusting to new consumer habits and market dynamics.
The year 2022 marked a significant challenge for the company, as the stock plummeted by -44.31%, ending at $41.53. This decline reflected broader market uncertainties and operational challenges, despite the company’s efforts to innovate and expand its digital and physical presence.
A Strong Recovery (2023)
2023 marked a dramatic turnaround for Shake Shack, as the company’s stock rebounded impressively with a 77.83% increase, closing the year at $74.12. This recovery showcased the brand’s enduring appeal and its successful adaptation to a post-pandemic world, with enhanced digital offerings, menu innovation, and an expanding global footprint.
Shake Shack’s performance not only surpassed its own past challenges but also outperformed the S&P 500’s gain of 24.73%, highlighting the company’s robust growth potential and resilience in the face of adversity.