secwatch.observer — SEC 8-K summary
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Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001620533-24-000105
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000162053324000105/0001620533-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000162053324000105/shak-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001620533-24-000105

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