---
schema_version: "secwatch.filing_event.v1"
accession: "0001620533-24-000105"
form_type: "8-K"
ticker: "SHAK"
cik: "0001620533"
company_name: "Shake Shack Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:17:44.485579+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shake Shack Q3 revenue $317M (+14.7% YoY), same-Shack sales +4.4%, net loss $11.1M includes $29M impairment

## Summary
- Total revenue $316.9M (+14.7% YoY); same-Shack sales +4.4%; system-wide sales $495.1M (+12.8%).
- Restaurant-level profit margin 21.0% (up 60 bps YoY); Adjusted EBITDA $45.8M (+28% YoY).
- GAAP net loss $11.1M ($0.26 per share) includes $29.1M impairment; adjusted pro forma net income $11.2M ($0.25).
- Opened 8 company-operated Shacks (3 drive-thrus) and 9 licensed Shacks in Q3.
- FY2024 guidance: revenue ~$1.25B, Adj. EBITDA $168M-$170M (27-29% growth); FY2025 target ~45 company openings.

## SEC filing metadata
- accession: 0001620533-24-000105
- form_type: 8-K
- ticker: SHAK
- cik: 0001620533
- company_name: Shake Shack Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1620533/000162053324000105/0001620533-24-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620533/000162053324000105/shak-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001620533-24-000105
- JSON: https://secwatch.observer/filing/0001620533-24-000105.json
- Plain text: https://secwatch.observer/filing/0001620533-24-000105.txt

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