Steak 'n Shake Achieves 24th Consecutive Quarter Of Same-Store Sales Growth
Global Brand Flourishes and Continues to Drive the Better Burger Trend
Same-store sales increase: 4.8%
Customer traffic increase: 2.7%
From September 25, 2014 through December 31, 2014
INDIANAPOLIS - March 19, 2015 // PRNewswire // - Steak 'n Shake® has created the best of the best: The definitive American brand, home of the original Steakburger™ and hand-dipped milkshakes. Dating back to 2009, Steak 'n Shake has attained 24 consecutive quarters of same-store sales increases. This sales growth has been propelled almost exclusively by a nearly 40% cumulative growth in customer traffic.
"This track record of success is fueled by consumers' growing wave of demand surrounding our handcrafted Steakburgers," said Jim Flaniken, senior vice president of marketing. "Consumers continue to insist on premium quality ingredients. Steak 'n Shake pioneered the 'better burger' concept and we continue originating exciting, delicious, and unique culinary innovations that keep consumers coming back to us."
Steak 'n Shake's focus on quality – including using 100% beef without preservatives or artificial ingredients, as well as fresh produce, always made-to-order – has created the benchmark for success in the better burger category. What began as a Midwest-based company 80 years ago has now flourished into a brand with nearly 550 locations.
Steak 'n Shake's growth streak has been supported by geographic and franchise expansion, as well as the introduction of new restaurant formats. Given Steak 'n Shake's flexibility in design and concepts, the brand is now popular in universities, casinos, airports, turnpike oases, convenience stores, gas stations, shopping centers, and other venues – always with the same commitment to award-winning premium quality.
In addition to receiving the Nation's Restaurant News Golden Chain Award, Zagat has recognized Steak 'n Shake as having the #1 Milkshake, while Consumer Reports ranked Steak 'n Shake as one of the Top 10 best tasting burgers.
For additional information, visit www.steaknshake.com or www.facebook.com/steaknshake.
About Steak 'n Shake
Steak 'n Shake is a classic American brand serving premium burgers and shakes in more than 500 restaurants across the country and the world. Since 1934, Steak 'n Shake has served hand-crafted, premium Steakburgers and hand-dipped milkshakes. Steak 'n Shake is a Biglari Holdings company.
SOURCE Steak 'n Shake