---
schema_version: "secwatch.filing_event.v1"
accession: "0001620533-23-000086"
form_type: "8-K"
ticker: "SHAK"
cik: "0001620533"
company_name: "Shake Shack Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:27:52.115315+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shake Shack Q3 revenue $276.2M (+21.2% YoY); raises FY Adj. EBITDA guidance to $125M-$130M

## Summary
- Revenue $276.2M (+21.2% YoY); SSS +2.3% in Q3; October reaccelerated to +3.5% SSS.
- Net income $8.1M vs. loss $2.3M YoY; diluted EPS $0.19; adj. pro forma EPS $0.17.
- Shack-level operating profit margin 20.4% (400 bps YoY); Adjusted EBITDA $35.8M (+80.7% YoY).
- Opened 25 new Shacks in Q3 (10 company-operated, 15 licensed); system-wide units reached 495.
- FY2023 guidance: Adj. EBITDA $125M-$130M (~70-80% growth); revenue growth ~20%.

## SEC filing metadata
- accession: 0001620533-23-000086
- form_type: 8-K
- ticker: SHAK
- cik: 0001620533
- company_name: Shake Shack Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620533/000162053323000086/0001620533-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620533/000162053323000086/shak-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001620533-23-000086
- JSON: https://secwatch.observer/filing/0001620533-23-000086.json
- Plain text: https://secwatch.observer/filing/0001620533-23-000086.txt

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