---
schema_version: "secwatch.filing_event.v1"
accession: "0001620533-22-000079"
form_type: "8-K"
ticker: "SHAK"
cik: "0001620533"
company_name: "Shake Shack Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:12:38.061304+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shake Shack Q3 revenue $227.8M (+17.5% YoY); net loss $2.3M; same-Shack sales +6.3%

## Summary
- Total revenue $227.8M, up 17.5% YoY; system-wide sales $353.2M, up 18.3% YoY.
- Net loss of $2.3M; adjusted EBITDA $19.5M, up 23.5% YoY.
- Same-Shack sales grew 6.3%, with urban SSS up 10.9% and suburban SSS up 2.2%.
- Opened 2 Company-operated and 6 licensed Shacks in Q3; expects 35-40 Company-operated Shacks in FY2022.
- Implemented blended 5%-7% menu price increase in mid-October to offset high single-digit food inflation.

## SEC filing metadata
- accession: 0001620533-22-000079
- form_type: 8-K
- ticker: SHAK
- cik: 0001620533
- company_name: Shake Shack Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620533/000162053322000079/0001620533-22-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620533/000162053322000079/shak-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001620533-22-000079
- JSON: https://secwatch.observer/filing/0001620533-22-000079.json
- Plain text: https://secwatch.observer/filing/0001620533-22-000079.txt

## Key facts
- Earnings Releases
  Shake Shack Inc. reported the fiscal third quarter ended September 28, 2022 results: revenue $227.8 million, net income Net loss of $2.3 million, EPS a loss of $0.05 per share.
  - Period: the fiscal third quarter ended September 28, 2022
  - Revenue: $227.8 million
  - Net income: Net loss of $2.3 million
  - EPS: a loss of $0.05 per share
  - Result: reported results
  source text: shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Shake Shack Announces Third Quarter 2022 Financial Results ▪ Total revenue of $227.8 million, up 17.5% versus 2021, including $219.5 million of Shack sales and $8.3 million of Licensing revenue. ▪ System-wide sales of $353.2 million, up 18.3% versus 2021. ▪ Same-Shack
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620533/000162053322000079/0001620533-22-000079-index.htm

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