0733 ET - Mizuho analysts expect Shake Shack to grow same-store sales faster than Wall Street forecasts this year, citing the chain's increased marketing efforts, expanded value offerings, soon-to-launch loyalty program among other improvements. "Additional meaningful drivers include higher tax refunds and the World Cup," the analysts say in a research note. At the same time, Shake Shack is also expected to expand its margins, largely thanks to supply chain cost reductions. Those savings should help it offset low-single-digit percent commodity inflation, the analysts say. Mizuho upgrades Shake Shack to outperform from neutral, and raises its price target to $120 from $100. Shake Shack is up 3.5% premarket to $100.93. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 10, 2026 07:33 ET (11:33 GMT)

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