Shake Shack expects fans to fork over more for creative burgers

An increasing return to normalcy in New York City and a near-complete normal elsewhere has translated into more orders of burgers and fries for Shake Shack, the fast-food chain founded by Union Square Hospitality head Danny Meyer.

The Manhattan-based company reported its third-quarter earnings Thursday evening, showing $193 million in revenue from July through September, up nearly 50% from the same months last year but at the lower end of its expectations. It amounted to a $2.4 million quarterly loss, which the company attributed to greater investment in its workforce, the expense of building new restaurants and higher prices for chicken and beef.

Outside of company-wide spending, however,

→ Continue reading at Crain's New York Business

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