earnings
confidence high
sentiment neutral
materiality 0.70
Shake Shack Q2 revenue up 17.2% to $417.6M; same-Shack sales +3.5% but margins pressured by beef costs
Shake Shack Inc.
- Total revenue $417.6M (+17.2% YoY); system-wide sales $625.8M (+13.8%).
- Same-Shack sales +3.5% (traffic +2.0%); 22nd consecutive quarter of positive SSS.
- Net income $16.9M ($0.37 diluted EPS); adjusted pro forma EPS $0.43.
- Restaurant-level profit margin 23.0% (down 90bps) due to record-high beef costs.
- Opened 16 new Company-operated Shacks; on track for 60-65 in FY2026.