{"filings":[{"id":787960,"accession_number":"0001104659-26-069246","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-06-02T12:06:18+00:00","items":["7.01","9.01"],"status":"ready","headline":"Shake Shack cuts Q2 revenue guidance to $415-420M, same-shack sales to 2.5-3.0%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Updated Q2 revenue guidance: $415-420M (previously $424-428M); licensing revenue unchanged at $13.5-13.7M.","Same-shack sales growth lowered to 2.5-3.0% from 3.0-5.0%.","Q2 restaurant-level profit margin guidance cut to 22.0-23.0% from 24.0-24.5%.","FY2026 adjusted EBITDA guidance $225-235M (from $230-245M); net income $45-55M (from $50-60M).","CEO Rob Lynch cites macroeconomic uncertainty and competitive landscape as reasons for the revision."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94136,"accession_number":"0001620533-26-000024","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q1 revenue up 14.3% but net loss of $0.3M; raises 2026 opening guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $366.7M (+14.3% YoY); Same-Shack sales +4.6% with traffic +1.4%.","Net loss $0.3M ($0.01 diluted loss) vs net income $4.5M a year ago; operating loss of $2.6M.","Adjusted EBITDA $37.0M, down 9.3% YoY; restaurant-level profit margin 21.2%, up 50 bps.","Opened record 17 Company-operated Shacks in Q1; raised FY2026 forecast to 60-65 openings from prior 55-60.","April same-Shack sales -0.6% due to Easter shift; early May strong with new BBQ menu launch."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":366737000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94135,"accession_number":"0001104659-26-056664","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Shake Shack appoints Michelle Hook as CFO, effective May 11, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michelle Hook joins from Portillo's, where she served as CFO since Dec 2020 and led the 2021 IPO.","Base salary $625,000; target bonus 100% of base; signing cash award $300,000 and $1.2M RSU grant.","She will report to CEO Rob Lynch and oversee accounting, FP&A, tax, treasury, and investor relations.","Hook previously spent 17+ years at Domino's Pizza, most recently as VP of Finance for global FP&A and IR."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94134,"accession_number":"0001104659-26-038234","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Shake Shack launches Project Catalyst tech initiative; reiterates 2026 guidance","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Project Catalyst includes modern POS via Qu, first loyalty platform, expanded AI, and unified data platform.","Company reiterates Q1 and FY 2026 guidance and three-year financial targets, inclusive of tech investments.","CEO Rob Lynch states initiative supports scaling to 1,500 company-operated Shacks.","New loyalty platform aims to drive guest frequency and enable personalized experiences.","AI capabilities focus on real-time operational insights and intelligent support for teams."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106288,"accession_number":"0001104659-26-025312","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Joshua Silverman to step down from Shake Shack board effective May 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Silverman informed Board on March 3, 2026 of his resignation as Class II director, effective May 1, 2026.","He also stepped down from Audit and Nominating/Corporate Governance Committees effective same date.","Board reduced size from 9 to 8 directors effective May 1, 2026.","Resignation not due to any dispute or disagreement with Company or Board.","Post-departure Board: 3 Class I, 2 Class II, 3 Class III directors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106287,"accession_number":"0001104659-26-021888","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-03-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Shake Shack corrects 10-K error: new Shack sales contribution actually $68.3M, not $218.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Corrected 10-K: new Shack sales contribution in FY2025 was $68.3M, not $218.5M (overstated by $150.2M).","Error involved 45 new Company-operated Shacks; original figure was more than triple the actual.","Shack sales restated as $1.4B (+15.2% YoY); excluding 53rd week +12.9%.","No other changes to the 10-K; correction limited to the 'Shack Sales' paragraph."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106286,"accession_number":"0001620533-26-000013","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack reports Q4 revenue $400.5M (+21.9%), same-Shack sales +2.1%, guides to 55-60 company-opened Shacks in 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $400.5M (+21.9% YoY); FY25 revenue $1.45B (+15.4%).","Q4 same-Shack sales +2.1% (20th consecutive quarter), with traffic up 0.5%.","Q4 adjusted EBITDA $56.1M (+20.2% YoY); Restaurant-level profit margin flat at 22.7%.","FY25 net income $45.7M (diluted EPS $1.09); adjusted pro forma EPS $1.32.","Plans to open 55-60 company-operated Shacks in 2026 (vs. 45 in 2025) and 40-45 licensed; average build cost reduced ~20% to under $2M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":1445306000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106285,"accession_number":"0001104659-26-019161","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Shake Shack names Peter Herpich interim principal financial officer; search for permanent CFO continues","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter Herpich, current SVP Corporate Controller, designated interim principal financial officer effective Feb 23, 2026.","Former CFO Katherine Fogertey resigned Nov 2025; remains Senior Advisor until March 4, 2026.","Herpich joined Shake Shack in May 2023; prior roles include VP Global Controller at Casper and 25 years at Barnes & Noble.","Company has commenced a search for a permanent CFO; Herpich serves on interim basis during search."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106284,"accession_number":"0001620533-26-000008","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2026-01-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack reports preliminary Q4 2025 revenue $400.5M, FY2025 revenue $1.45B; provides FY2026 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $400.5M in Q4 2025 (+2.1% same-Shack sales YoY); $1.45B for FY2025 (+2.3% same-Shack sales).","Opened 45 Company-operated Shacks in FY2025; guides 55-60 Company-opened Shacks in FY2026.","Initial FY2026 guidance: revenue $1.6B-$1.7B, Adj. EBITDA $237M-$245M, net income $50M-$60M.","Restaurant-level profit margin guided to 23.0%-23.5% in FY2026 vs ~22.5%-22.7% in FY2025.","Reiterated long-term target of 1,500+ Company-operated Shacks and low-teens revenue growth."],"consensus_eps_estimate":null,"consensus_eps_actual":1.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":1445306000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122596,"accession_number":"0001104659-25-115689","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-11-25T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CFO Katherine Fogertey to resign effective March 4, 2026; guidance reaffirmed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Katherine Fogertey to resign March 4, 2026; she will serve as Senior Advisor immediately.","Transition package includes $618,000 annual base salary through resignation, 100% of FY2025 bonus earned, and accelerated vesting of certain RSUs.","Company establishes Office of the CFO and launches immediate search for new CFO; Fogertey's departure not due to any accounting or policy disagreement.","Reiterates Q4 2025 revenue guidance of $406M-$412M and FY2025 Adjusted EBITDA of $210M-$215M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122595,"accession_number":"0001620533-25-000072","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q3 revenue $367.4M (+15.9% YoY); net income $13.7M vs loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Same-Shack sales up 4.9% YoY; operating income of $18.5M vs operating loss of $18.0M in Q3 2024.","Diluted EPS $0.30; adjusted pro forma diluted EPS $0.36 per fully exchanged share.","Restaurant-level profit margin improved to 22.8% of Shack sales vs 21.0% a year ago.","Opened 13 company-operated and 7 licensed Shacks during the quarter.","System-wide sales of $571.5M; total revenue driven by Shack sales of $352.8M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":1044775000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139284,"accession_number":"0001620533-25-000062","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q2 revenue up 12.6% to $356.5M; adjusted EPS $0.44; same-Shack sales +1.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $356.5M (+12.6% YoY); Shack sales $343.2M; Licensing $13.3M.","Same-Shack sales +1.8%; net income $18.5M vs $10.4M; diluted EPS $0.41 vs $0.23.","Adjusted EBITDA $58.9M (+24.8%); adjusted pro forma EPS $0.44 vs $0.27.","Opened 13 Company-operated Shacks (2 drive-thrus) and 9 licensed Shacks in Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":0.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":677364000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156863,"accession_number":"0001104659-25-056420","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Shake Shack stockholders elect three Class I directors, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Daniel Meyer, Jeff Flug, and Lori George elected as Class I directors with 29.8M, 31.0M, and 23.7M votes for, respectively.","Ratification of Ernst & Young as independent auditor for FY 2025: 37.3M for, 162K against, 20K abstentions.","Advisory vote on executive compensation approved: 31.5M for, 1.5M against, 139K abstentions.","Annual meeting held June 4, 2025; all three proposals passed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156862,"accession_number":"0001620533-25-000026","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q1 2025 revenue $320.9M (+10.5% YoY); adj EPS $0.14, margin expands 120 bps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $320.9M (+10.5% YoY); net income $4.5M ($0.10 diluted EPS); adjusted pro forma net income $6.4M ($0.14 EPS).","Same-Shack sales +0.2% despite 400+ bps weather/macro traffic headwinds; traffic -4.6%, price/mix +4.8%.","Restaurant-level profit margin 20.7% (+120 bps YoY) driven by new labor model and supply chain savings.","Adjusted EBITDA $40.7M (+13.5% YoY); opened 4 company Shacks (2 drive-thrus) and 7 licensed Shacks.","Guidance: at least 50 bps annual margin expansion and double-digit revenue/EBITDA growth through 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":320898000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156861,"accession_number":"0001104659-25-038011","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Shake Shack director Anna Fieler to step down; board size reduced to nine","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Anna Fieler, a Class I director, intends to resign effective immediately prior to the 2025 Annual Meeting.","Fieler also will step down from the Compensation Committee at the same time.","Board will reduce from 10 to 9 directors; composition becomes 3 Class I, 3 Class II, 3 Class III.","Resignation is not due to any dispute or disagreement with the Company or its Board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175266,"accession_number":"0001104659-25-016131","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-02-21T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Shake Shack corrects 10-K: digital sales rose 20.1% in Q4, not decreased","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Digital sales for 13 weeks ended Dec 25, 2024 increased 20.1% YoY, correcting earlier 10-K error.","Digital sales for 52 weeks ended Dec 25, 2024 increased 20.3% YoY.","Digital sales represented 36.6% of Shack sales in the 13 weeks ended Dec 25, 2024.","No other changes made to the Form 10-K; correct data was already in Q3 2024 10-Q."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175265,"accession_number":"0001620533-25-000012","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2025-02-20T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q4 revenue up 14.8%; SSS +4.3%; EBITDA +48.6%; guides FY25","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $328.7M (+14.8% YoY); SSS +4.3%; Adjusted EBITDA $46.7M (+48.6%).","FY2024 revenue $1,252.6M (+15.2%); Adj. 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EBITDA $168M-$170M (27-29% growth); FY2025 target ~45 company openings."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":923924000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208699,"accession_number":"0001104659-24-093435","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-08-27T23:59:59+00:00","items":["2.05","2.06","7.01"],"status":"ready","headline":"Shake Shack to close 9 underperforming locations; expects $28-30M pretax charges in Q3 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Nine company-owned Shacks in California, Ohio, Texas to close by Sept 25, 2024.","Expected cumulative pretax charges of $28-30M in Q3 2024; cash costs $14-15.2M.","Non-cash impairment charges of $14-14.8M for asset impairment and write-offs.","Management and hourly team members offered transfers or up to 60 days pay.","Company reaffirms FY2024 guidance and 2024 opening plans; no additional closures expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208698,"accession_number":"0001620533-24-000083","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q2 revenue $316.5M (+16.4% YoY), SSS +4.0%, adj. EBITDA $47.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $10.4M ($0.23 diluted EPS); adjusted pro forma net income $12.1M ($0.27 per diluted share).","Restaurant-level profit margin 22.0% (+100bps YoY), highest since 2019.","System-wide sales $483.7M (+13.5% YoY); opened 12 company-operated and 11 licensed Shacks.","FY2024 guidance reaffirmed: total revenue growth 14-15%, adj. EBITDA growth >25%, positive free cash flow first since 2017.","COGS improved 120bps to 27.8% of Shack sales; labor margin improved 50bps YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":607000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226431,"accession_number":"0001104659-24-073951","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-06-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Shake Shack appoints Stephanie Sentell as COO effective July 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephanie Sentell appointed COO effective July 1, 2024; reports to CEO Robert Lynch.","Annual base salary of $550,000; target bonus opportunity of 75% of salary with potential payout up to 200%.","Signing cash award of $750,000 plus signing restricted stock units valued at $750,000 vesting over 4 years.","Employment term of 3 years, auto-renewing annual; severance includes 12 months base salary and COBRA.","Sentell previously SVP of Company Operations at Inspire Brands; brings over 11 years at Dairy Queen."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226430,"accession_number":"0001104659-24-071266","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-06-13T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Stockholders approve amended incentive plan adding 842K shares; re-elect directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved amendment to 2025 Incentive Award Plan, authorizing 842,321 additional Class A common shares.","Three Class III directors re-elected: Sumaiya Balbale, Charles Chapman III, Jeffrey Lawrence (each with >25M votes for).","Ratification of Ernst & Young as independent auditor for FY2024 approved with 37.4M votes for, 181K against.","Advisory say-on-pay compensation vote passed with 29.6M for; board sets frequency at every year.","Plan imposes at least one-year vesting on future awards, extends term by 10 years from June 12, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226429,"accession_number":"0001620533-24-000036","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q1 rev $290.5M (+14.7%); Adj EBITDA $35.9M (+30.2%); CEO transition to Rob Lynch May 20","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $290.5M, up 14.7% YoY; system-wide sales $443.3M, up 12.3%.","Same-Shack sales +1.6% YoY, with April SSS accelerating to +4.9%.","Net income $2.2M vs loss $1.6M last year; Adj EBITDA $35.9M, up 30.2%.","Restaurant-level profit margin 19.5%, +120 bps YoY; FY2024 rev guidance $1.22B-$1.25B.","CEO Randy Garutti to transition to advisor; Rob Lynch appointed CEO effective May 20, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":290504000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226428,"accession_number":"0001104659-24-048361","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-04-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Shake Shack director Jonathan Sokoloff resigns; board cut to 10 members","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jonathan Sokoloff stepped down from Board and Compensation Committee, effective before 2024 Annual Meeting.","Previously announced departures of Jenna Lyons and Robert Vivian also effective before the meeting.","Board size reduced from 13 to 11, then to 10 directors after Sokoloff's resignation.","Mr. Sokoloff's departure is not due to any dispute or disagreement with the Company.","Post-departure Board composition: four Class I, three Class II, three Class III directors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245442,"accession_number":"0001104659-24-037341","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-03-21T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Shake Shack appoints Papa John's CEO Rob Lynch as new CEO, effective May 20, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rob Lynch appointed CEO effective May 20, 2024; succeeds Randy Garutti who remains advisor through year-end.","Lynch previously served as President and CEO of Papa John's, where he drove global system-wide sales over $5B.","Lynch's compensation includes $1M base salary, 150% target bonus, $10.8M in equity awards (RSUs and PSUs).","Lynch also appointed to the Board of Directors effective May 20, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245441,"accession_number":"0001104659-24-027494","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-02-26T23:59:59+00:00","items":["4.02"],"status":"ready","headline":"Shake Shack says prior interim financials unreliable; restatements to increase deferred tax assets","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee concluded Q1-Q3 2022 and Q1-Q3 2023 interim statements should no longer be relied upon.","Restatements increase deferred tax assets and retained earnings by $17M (2023 periods) and $14M (2022 periods).","No impact on previously reported income statements; additional paid-in capital change is de minimis.","Restated interim statements will be included in the 2023 Form 10-K, expected within 15 days of original due date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245440,"accession_number":"0001620533-24-000009","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-02-15T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Shake Shack Q4 revenue up 20% to $286M; FY23 Adj EBITDA $132M, guides FY24 to $160-170M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $286.2M (+20% YoY); FY revenue $1.09B (+20.8%).","Q4 net income $6.8M ($0.15 diluted EPS); FY net income $20.5M ($0.47 diluted EPS).","Q4 same-Shack sales +2.8% YoY; FY same-Shack sales +4.4% YoY.","FY24 guidance: revenue $1.21B-$1.25B (+11-15%), Adj EBITDA $160M-$170M (+21-29%), ~80 new Shacks.","Company to restate FY2021 and FY2022 for state tax depreciation; expects to file FY23 10-K on time."],"consensus_eps_estimate":null,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":1087533000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245439,"accession_number":"0001104659-24-024341","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-02-15T23:59:59+00:00","items":["4.02"],"status":"ready","headline":"Shake Shack restates financials for FY2021-2022 due to deferred tax asset errors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Non-reliance on previously issued financial statements for FY2021 and FY2022; will be restated in 2023 10-K.","Estimated favorable adjustments to income tax expense of ~$3.0M (FY2022) and ~$4.1M (FY2021); opening retained earnings adjustment of ~$10.1M.","Errors relate to incorrect state tax depreciation on investment in SSE Holdings; non-cash, no impact on revenue, Shack-level profit, or Adjusted EBITDA.","Audit Committee concluded filing after discussion with management and auditor Ernst & Young; 2023 10-K expected on time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245438,"accession_number":"0001104659-24-010034","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-02-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Shake Shack board members Robert Vivian and Jenna Lyons to step down after 2024 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Vivian and Lyons will not stand for re-election; departures not due to any dispute with the Company.","Board size reduced from 13 to 11, effective just before the 2024 Annual Meeting in June.","Jeffrey Lawrence appointed Audit Committee Chair; Jeff Flug named Lead Independent Director.","Lori George replaces Flug as Chair of Nominating & Corporate Governance Committee.","Vivian also steps down as Audit Committee Chair and Lead Independent Director; Lyons leaves Nominating & Compensation committees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245437,"accession_number":"0001104659-24-007256","cik":1620533,"company_name":"Shake Shack Inc.","ticker":"SHAK","form_type":"8-K","filed_at":"2024-01-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Shake Shack CEO Randall Garutti to retire; transition agreement sets successor hiring deadline and advisory terms","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Randall Garutti will step down on the earlier of his successor's start date or May 24, 2024.","Garutti to receive a partial bonus for H1 2024 and accelerated vesting of 13,009 RSUs if successor starts after Mar 16, 2024.","After resigning, Garutti will serve as Special Advisor through May 24, 2024, then as Advisor through year-end at $10,416/month.","No successor has been named; Board to appoint new CEO before May 24, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2698230344.335353,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}