secwatch.observer — SEC 8-K summary
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Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001620533-23-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shake Shack Q1 revenue $253.3M (+24.5%); SSS +10.3%; adj. EBITDA $27.6M (+163.9%)
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- Total revenue $253.3M (+24.5% YoY); system-wide sales $394.7M (+27.5%).
- Same-Shack sales +10.3% driven by price +5.5% and traffic +4.8%.
- Adjusted EBITDA $27.6M (+163.9% YoY); net loss $1.6M ($0.04 loss per share).
- Shack-level operating profit margin 18.3%, up 310 bps YoY.
- FY2023 guidance: revenue $1.06-1.11B, adj. EBITDA $110-125M, 70-75 new Shacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000162053323000034/0001620533-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000162053323000034/shak-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001620533-23-000034

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