Consumer Trends And Macroeconomic ConditionsTrends have slowed along with the industry, likely given consumer pressure, particularly among lower income and younger consumers.
Cost Pressures And Brand ChallengesShake Shack faces the challenge of promoting value in its premium brand amidst industry slowdowns and rising beef costs.
Sales Volatility And Operational RisksRisks include potential for same-store sales volatility, geographic concentration in New York City, commodity cost fluctuations, ongoing wage inflation, and operational strains.