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Bloomberg

Starboard Value CEO Jeff Smith on New Shake Shack Stake

Wednesday, August 5, 2026


Starboard Value, an investment firm, built a new stake in Shake Shack, according to CEO Jeff Smith. Smith discussed the investment and Starboard Value's positions in Lamb Weston and CarMax during an appearance on Bloomberg Deals.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-05/starboard-value-ceo-jeff-smith-on-new-shake-shack-stake-video

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