¿Qué onda, México? Shake Shack is Latin America Bound
October 16 2018 - 8:49AM
Business Wire
New York’s Iconic Burger, Hot Dog and Frozen
Custard Stand Plans Mexico City Flagship in 2019
What’s next? CDMX! Shake Shack Inc.’s (“Shake Shack” or
the “Company”) (NYSE: SHAK) long-awaited introduction to Latin
America will finally come next year, with plans to open in Mexico
City with partner Grupo Toks in 2019.
Shake Shack is proud to partner with Grupo Toks, a leading food
and retail group based in Mexico City with more than 40 years of
knowledge and experience, to launch the first Shack in the region.
Together they plan to open 30 total Shacks in Mexico through
2028.
“We couldn’t be more excited about launching in Mexico,” said
Michael Kark, Vice President of Global Licensing at Shake Shack.
“For years our fans have been asking for Shake Shack to land in
their neighborhood, and we’re thrilled to partner with Grupo Toks
to build a place for the CDMX community to gather for a
ShackBurger.”
“This is a special day for us as we announce our partnership
with Shake Shack. We are very proud to introduce this great place
to Mexico City and later to other cities in the country,” said
Juan Carlos Alverde Losada, CEO of Grupo Toks. “The mission
of Shake Shack (Stand For Something Good) is perfectly aligned with
the values of Grupo Toks, and we are excited to connect food lovers
with the premium ingredients, service and hospitality that Shake
Shack offers.”
In keeping with its mission to Stand For Something Good®,
Shake Shack intends to work with local purveyors and producers to
create a one-of-a-kind Shack for the Mexico City community. The
menu will feature Shake Shack’s signature items including the
ShackBurger®, Shack-cago Dog®, classic
crinkle-cut fries, beer, wine and frozen custard ice
cream.
For more information, please visit: www.shakeshack.com |
www.facebook.com/shakeshack
About Shake Shack
Shake Shack is a modern day “roadside” burger stand known for
its 100% all-natural Angus beef burgers, chicken sandwiches and
flat-top Vienna beef dogs (no hormones or antibiotics – ever),
spun-fresh frozen custard, crinkle cut fries, craft beer and wine
and more. With its fresh, simple, high-quality food at a great
value, Shake Shack is a fun and lively community gathering place
with widespread appeal. Shake Shack’s mission is to Stand for
Something Good®, from its premium ingredients and caring hiring
practices to its inspiring designs and deep community investment.
Since the original Shack opened in 2004 in NYC’s Madison Square
Park, the company has expanded to more than 180 locations in 26
U.S. States and the District of Columbia, including more than 70
international locations across London, Hong Kong, Istanbul, Dubai,
Tokyo, Moscow, Seoul and more.
In its fourteen-year history, Shake Shack has been recognized
with countless accolades, including Bon Appétit's "The 20 Most
Important Restaurants in America" (ranked #16), TIME Magazine's "17
Most Influential Burgers of All Time" (ranked #7 for the
ShackBurger) and winning "Best Burger" in 2007 and 2014 at the
South Beach Wine and Food Festival's Burger Bash.
About Grupo Toks
Grupo Toks is part of Grupo Gigante, and it is one of the most
important Mexican companies in Latin America. It operates an
extraordinary chain of restaurants such as Toks, Panda Express and
Beer Factory & Food, as well as the parking services SET. It
started operations 46 years ago, and today it generates about
11,000 jobs. It constantly seeks to develop and train its
employees. Grupo Toks is a socially responsible company, and has
the Distinctive H. In addition, it adds its operations to the UN
Global Compact initiative and develops economically sustainable
models that integrate low-income communities as suppliers. Grupo
Toks companies are developed according to the highest standards of
attention, quality and customer satisfaction, aiming to provide a
unique and differentiated experience. In 2018, Grupo Toks was
proudly recognized for occupying the 14th position in the Super
Business Ranking in Mexico.
Forward-Looking Statements
This press release contains forward-looking statements, as
defined in the Private Securities Litigation Reform Act of 1995,
which are subject to risks and uncertainties. All statements other
than statements of historical fact included in this press release,
including but not limited to expected Shack openings, are
forward-looking statements. Forward-looking statements discuss our
current expectations and projections relating to our financial
position, results of operations, plans, objectives, future
performance and business. You can identify forward-looking
statements by the fact that they do not relate strictly to
historical or current facts. All forward-looking statements are
subject to known and unknown risks, uncertainties and other
important factors that may cause actual results to be materially
different. All forward-looking statements are expressly qualified
in their entirety by these cautionary statements. You should
evaluate all forward-looking statements made in this press release
in the context of the risks and uncertainties disclosed from time
to time in the Company’s filings with the Securities and Exchange
Commission, including its most recent annual report on Form 10-K
and its subsequent quarterly report on Form 10-Qs, which are
available online at www.sec.gov, www.shakeshack.com or upon request
from Shake Shack Inc.
The forward-looking statements included in this press release
are made only as of the date hereof. We undertake no obligation to
publicly update or revise any forward-looking statement as a result
of new information, future events or otherwise, except as otherwise
required by law.
Source: Shake Shack Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20181016005644/en/
Investors:ICRMelissa Calandruccio, (844) SHACK-04
(844-742-2504)investor@shakeshack.comorMichelle Michalski, (844)
SHACK-04 (844-742-2504)investor@shakeshack.comorMedia:Shake
ShackJacqueline Gonzales, (646)
747-8776jgonzales@shakeshack.comorKristyn Clark, (646) 747-
8776kclark@shakeshack.com
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