In-N-Out Stock Symbol | Investing in In-N-Out Stock
In-N-Out is one of the US's most popular and iconic burger chains, especially on the West Coast. Founded in 1948 by Harry and Esther Snyder, In-N-Out is known for its fresh, high-quality ingredients, simple menu, and loyal fan base.
Many investors might be interested in buying shares of this successful and profitable company, but is that even possible? In this article, we will answer everything you need to know about In-N-Out stock symbol, ownership, and investment options.
Is In-N-Out Publicly Traded?
The short answer is no. In-N-Out is a private company that has never gone public or issued an initial public offering (IPO). This implies that the company is not listed on any stock market and has no obligation to reveal its financial data to the public.
Why has In-N-Out chosen to remain private?
According to the company’s president and CEO, Lynsi Snyder, the main reason is to maintain the business's quality, culture, and family control. In an interview with Forbes in 2018, she said:
“I don’t see us selling ever. Unless God sends a lightning bolt down and changes my heart miraculously, I would not ever sell.”
By staying private, In-N-Out can avoid some of the pressures and challenges that come with being a public company, such as meeting shareholder expectations, complying with regulations, and dealing with market fluctuations. On the other hand, being private also means that In-N-Out has less access to capital, liquidity, and transparency than its public peers.
What is the In-N-Out Stock Symbol?
Since In-N-Out is not traded on the stock market, it does not have a ticker symbol, unlike its publicly traded competitors. For example, McDonald’s has the ticker symbol MCD, Shake Shack has SHAK, and Five Guys has FIVE.
Who Owns In-N-Out?
In-N-Out is owned by Lynsi Snyder, the granddaughter of the founders Harry and Esther Snyder. She is the company's sole heir and owner, making her one of the youngest and richest billionaires in the world. According to Forbes, she has a net worth of $3.6 billion.
Lynsi Snyder was born in 1982 and grew up working at various In-N-Out locations. She became the president of the company in 2010 at the age of 28, after her father, uncle, and grandmother passed away. She inherited the company through a trust that gave her full ownership when she turned 35 in 2017.
Lynsi Snyder is married to Sean Ellingson, a former employee of In-N-Out. She has four children from previous marriages. She lives in Southern California and enjoys racing cars, flying planes, and fishing.
Bottom Line
In-N-Out is a private company that does not have a stock symbol or trade on any stock exchange. It is owned by Lynsi Snyder, who inherited the company from her grandparents. It is known for its quality, culture, and family values. There is no direct way to invest in In-N-Out, but there are some alternative ways to invest in the fast-food industry. However, investing in this industry also involves some risks and uncertainties.
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FAQ
Will In-N-Out ever go public?
According to the company’s president and CEO, Lynsi Snyder, In-N-Out will never go public or franchise its restaurants. She said the only reason to do that would be for the money, and she is uninterested. She wants to keep the company the way her grandparents would want it.
Can I buy an In-N-Out franchise?
No, you cannot buy an In-N-Out franchise. The company does not offer any franchising opportunities and operates all of its restaurants by itself. The company believes that franchising would compromise its quality, culture, and family values.
Is Chick-Fil-A Publicly Traded?
No, Chick-Fil-A is not publicly traded. It is a privately held company that is owned by the Cathy family.
Is Subway Publicly Traded?
No, Subway is not publicly traded. It is a privately owned company that operates as a franchise system.
Is Popeyes Publicly Traded?
Yes, Popeyes is publicly traded. It is a subsidiary of Restaurant Brands International (RBI), which also owns Burger King and Tim Hortons. RBI trades on the New York Stock Exchange (NYSE) under the ticker symbol QSR.
