secwatch.observer — SEC 8-K summary
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Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001620533-24-000009
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 Q4 revenue up 20% to $286M; FY23 Adj EBITDA $132M, guides FY24 to $160-170M
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- Q4 total revenue $286.2M (+20% YoY); FY revenue $1.09B (+20.8%).
- Q4 net income $6.8M ($0.15 diluted EPS); FY net income $20.5M ($0.47 diluted EPS).
- Q4 same-Shack sales +2.8% YoY; FY same-Shack sales +4.4% YoY.
- FY24 guidance: revenue $1.21B-$1.25B (+11-15%), Adj EBITDA $160M-$170M (+21-29%), ~80 new Shacks.
- Company to restate FY2021 and FY2022 for state tax depreciation; expects to file FY23 10-K on time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000162053324000009/0001620533-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000162053324000009/shak-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001620533-24-000009

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