{"schema_version":"secwatch.filing_event.v1","accession":"0001620533-24-000036","form_type":"8-K","ticker":"SHAK","cik":"0001620533","company_name":"Shake Shack Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.285721+00:00","generated_at":"2026-06-03T00:33:54.920358+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Shake Shack Q1 rev $290.5M (+14.7%); Adj EBITDA $35.9M (+30.2%); CEO transition to Rob Lynch May 20","bullets":["Total revenue $290.5M, up 14.7% YoY; system-wide sales $443.3M, up 12.3%.","Same-Shack sales +1.6% YoY, with April SSS accelerating to +4.9%.","Net income $2.2M vs loss $1.6M last year; Adj EBITDA $35.9M, up 30.2%.","Restaurant-level profit margin 19.5%, +120 bps YoY; FY2024 rev guidance $1.22B-$1.25B.","CEO Randy Garutti to transition to advisor; Rob Lynch appointed CEO effective May 20, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001620533-24-000036","json":"https://secwatch.observer/filing/0001620533-24-000036.json","markdown":"https://secwatch.observer/filing/0001620533-24-000036.md","text":"https://secwatch.observer/filing/0001620533-24-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620533/000162053324000036/0001620533-24-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620533/000162053324000036/shak-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:33:54.920358+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":"764b8a9c0b5a69718490fd7d71015dec9b0b8911","claim":"Shake Shack Inc. reported first quarter ended March 27, 2024 results: revenue $290.5 million, net income $2.2 million, EPS $0.05 per diluted share. Guidance reaffirmed.","evidence_excerpt":"shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Shake Shack Announces First Quarter 2024 Financial Results ▪ Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. ▪ System-wide sales of $443.3 million, up 12.3% versus 2023. ▪ Same-Shack","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620533/000162053324000036/0001620533-24-000036-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 27, 2024"},{"label":"Revenue","value":"$290.5 million"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.05 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}