secwatch.observer — SEC 8-K summary
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Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001620533-23-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000162053323000086/0001620533-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000162053323000086/shak-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001620533-23-000086

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