Author: Daniel snow

Shake Shack CEO Rob Lynch reviewed his company’s most recent quarter in a Monday interview with CNBC’s Jim Cramer, and he described how the burger chain manages to mitigate the inflated cost of ingredients like beef without steep price hikes.”We’ve built so much productivity over the last year, our operating margins have gone from right around 20 up to 24%, almost 24% last quarter,” he said. “We’re right now working within our supply chain to find a lot more productivity, so we’re able to mitigate that inflation with all the productivity.”Even as Shake Shack beat revenue and earnings estimates when…

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