earnings
confidence high
sentiment neutral
materiality 0.65
Shake Shack Q1 revenue up 14.3% but net loss of $0.3M; raises 2026 opening guidance
Shake Shack Inc.
2026-Q1 EPS reported
-$0.01
revenue$366,737,000
- Total revenue $366.7M (+14.3% YoY); Same-Shack sales +4.6% with traffic +1.4%.
- Net loss $0.3M ($0.01 diluted loss) vs net income $4.5M a year ago; operating loss of $2.6M.
- Adjusted EBITDA $37.0M, down 9.3% YoY; restaurant-level profit margin 21.2%, up 50 bps.
- Opened record 17 Company-operated Shacks in Q1; raised FY2026 forecast to 60-65 openings from prior 55-60.
- April same-Shack sales -0.6% due to Easter shift; early May strong with new BBQ menu launch.