secwatch.observer — SEC 8-K summary
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Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001620533-22-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000162053322000079/0001620533-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000162053322000079/shak-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001620533-22-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer