{"schema_version":"secwatch.filing_event.v1","accession":"0001620533-23-000012","form_type":"8-K","ticker":"SHAK","cik":"0001620533","company_name":"Shake Shack Inc.","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.858034+00:00","generated_at":"2026-06-19T09:31:18.236234+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Shake Shack Q4 revenue $238.5M (+17.4%), net loss $11.1M; FY revenue $900.5M","bullets":["Q4 total revenue $238.5M, up 17.4% YoY; same-Shack sales +5.1%.","Q4 net loss $11.1M (GAAP); adjusted pro forma net loss $2.6M ($0.06 per share).","Adjusted EBITDA $19.3M, up 55.1% YoY; Shack-level operating profit margin 18.8%.","FY 2022 revenue $900.5M (+21.7%), net loss $26.0M; opened 36 company-operated Shacks.","FY 2023 outlook: ~40 company-operated Shacks (10-15 drive-thrus) and 25-30 licensed Shacks."],"urls":{"canonical":"https://secwatch.observer/filing/0001620533-23-000012","json":"https://secwatch.observer/filing/0001620533-23-000012.json","markdown":"https://secwatch.observer/filing/0001620533-23-000012.md","text":"https://secwatch.observer/filing/0001620533-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620533/000162053323000012/0001620533-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620533/000162053323000012/shak-20230216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T09:31:18.236234+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5de5f3c8f6bc99a5c412ed68ce16a0d733435aff","claim":"Shake Shack Inc. reported the fiscal fourth quarter ended December 28, 2022 results: revenue $238.5 million, net income Net loss attributable to Shake Shack Inc. of $10.7 million, EPS a loss of $0.27 per share.","evidence_excerpt":"Financial Highlights for the Fourth Quarter 2022: ▪ Total revenue of $238.5 million, up 17.4% versus 2021, including $229.9 million of Shack sales and $8.6 million of Licensing revenue. ▪ System-wide sales of $364.1 million, up 15.8% versus 2021. ▪ Same-Shack sales up 5.1% versus 2021. ▪ Operating loss of $6.3 million. • Shack-level operating profit (1) of $43.2 million, or 18.8% of Shack sales. ▪ Net loss of $11.1 million. • Adjusted EBITDA (1) of $19.3 million. ▪ Net loss attributable to Shake Shack Inc. of $10.7 million, or a loss of $0.27 per share. • Adjusted pro forma net loss (1) of $2.6 million, or a loss of $0.06 per fully exchanged and diluted share. ▪ Opened 22 new domestic Company-operated Shacks. Opened 13 new licensed Shacks, including locations in China, Japan, and Mexico.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620533/000162053323000012/0001620533-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter ended December 28, 2022"},{"label":"Revenue","value":"$238.5 million"},{"label":"Net income","value":"Net loss attributable to Shake Shack Inc. of $10.7 million"},{"label":"EPS","value":"a loss of $0.27 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"84d2251bd8ef5bf689086ac9791d3ca9320b4238","claim":"Shake Shack Inc. reported the fiscal year ended December 28, 2022 results: revenue $900.5 million, net income Net loss attributable to Shake Shack Inc. of $24.1 million, EPS a loss of $0.61 per share.","evidence_excerpt":"Financial Highlights for the Fiscal Year 2022: ▪ Total revenue of $900.5 million, up 21.7% versus 2021, including $869.3 million of Shack sales and $31.2 million of Licensing revenue. ▪ System-wide sales of $1,378.5 million, up 22.7% versus 2021. ▪ Same-Shack sales up 7.8% versus 2021. ▪ Operating loss of $26.9 million. • Shack-level operating profit (1) of $151.0 million, or 17.4% of Shack sales. ▪ Net loss of $26.0 million. • Adjusted EBITDA (1) of $70.5 million. ▪ Net loss attributable to Shake Shack Inc. of $24.1 million, or a loss of $0.61 per share. • Adjusted pro forma net loss (1) of $12.9 million, or a loss of $0.31 per fully exchanged and diluted share. ▪ Opened 36 new domestic Company-operated Shacks. Opened 33 new licensed Shacks, including locations in 4 new markets in China.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620533/000162053323000012/0001620533-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 28, 2022"},{"label":"Revenue","value":"$900.5 million"},{"label":"Net income","value":"Net loss attributable to Shake Shack Inc. of $24.1 million"},{"label":"EPS","value":"a loss of $0.61 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}