other material
confidence high
sentiment negative
materiality 0.80
Shake Shack corrects 10-K error: new Shack sales contribution actually $68.3M, not $218.5M
Shake Shack Inc.
- 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.