other material
confidence high
sentiment negative
materiality 0.80
Shake Shack cuts Q2 revenue guidance to $415-420M, same-shack sales to 2.5-3.0%
Shake Shack Inc.
- 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.