BusinessJune 10, 1996
MEMO: STEAK-N-SHAKE OPENS ITS 200TH RESTAURANT
Steak-n-Shake has opened its 200th restaurant. The new restaurant in Hazelwood is the 40th Steak-n-Shake in the St. Louis area. Steak-n-Shake, which includes restaurants in Cape Girardeau and Paducah, Ky., plans to add another 400 restaurants over the next five years...
Steak-n-Shake has opened its 200th restaurant.
The new restaurant in Hazelwood is the 40th Steak-n-Shake in the St. Louis area.
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Steak-n-Shake, which includes restaurants in Cape Girardeau and Paducah, Ky., plans to add another 400 restaurants over the next five years.
Consolidated Products of Indianapolis is the parent company of Steak-n-Shake.
Steak-n-Shake was founded in 1934 with a steakburger restaurant in Normal, Ill. The company reported a 26 percent gain in sales during the second quarter, ending April 10, at $83.4 million. Net earnings for the quarter, $2.8 million, were up 44 percent.
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