{"schema_version":"secwatch.filing_event.v1","accession":"0001620533-25-000006","form_type":"8-K","ticker":"SHAK","cik":"0001620533","company_name":"Shake Shack Inc.","filed_at":"2025-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.215268+00:00","generated_at":"2026-05-28T03:24:07.832810+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Shake Shack Q4 Adjusted EBITDA up 48% YoY; raises long-term Shack target to 1,500+","bullets":["Preliminary Q4 total revenue $328.7M (+14.8% YoY); same-Shack sales +4.3%; restaurant margin 22.7% (highest Q4 since 2017).","Adjusted EBITDA $46.5M in Q4 (+48% YoY); FY24 Adjusted EBITDA $175.4M, record level.","Opened 43 company-operated Shacks in FY24 (record) and 33 licensed; new target of at least 1,500 company-operated Shacks (from 450).","FY2025 guidance: total revenue $1.45B–$1.48B (16–18% growth), restaurant margin ~22%, Adjusted EBITDA $200M–$210M.","Long-term target: AUV $2.8M–$4.0M, cash-on-cash returns 30%–33%, low-teens revenue growth over three years."],"urls":{"canonical":"https://secwatch.observer/filing/0001620533-25-000006","json":"https://secwatch.observer/filing/0001620533-25-000006.json","markdown":"https://secwatch.observer/filing/0001620533-25-000006.md","text":"https://secwatch.observer/filing/0001620533-25-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620533/000162053325000006/0001620533-25-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620533/000162053325000006/shak-20250113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T03:24:07.832810+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}