---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-093435"
form_type: "8-K"
ticker: "SHAK"
cik: "0001620533"
company_name: "Shake Shack Inc."
filed_at: "2024-08-27T23:59:59+00:00"
generated_at: "2026-05-31T07:24:30.043711+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shake Shack to close 9 underperforming locations; expects $28-30M pretax charges in Q3 2024

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-093435
- form_type: 8-K
- ticker: SHAK
- cik: 0001620533
- company_name: Shake Shack Inc.
- filed_at: 2024-08-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 2.06, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620533/000110465924093435/0001104659-24-093435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620533/000110465924093435/tm2422794d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-093435
- JSON: https://secwatch.observer/filing/0001104659-24-093435.json
- Plain text: https://secwatch.observer/filing/0001104659-24-093435.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.