Shake Shack Inc (SHAK)
NYSE:SHAK
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.4Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 22 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a generally positive long-term outlook driven by strong top-line growth, accelerating unit development, improving restaurant-level margins, robust digital growth, and successful culinary innovation. Short-term pressures included weather-related sales disruption, elevated beef inflation, higher preopening and G&A investments, a Q1 decline in adjusted EBITDA, and licensed-market impacts from the Middle East conflict. Management reiterated full-year revenue and margin targets while broadening EBITDA guidance to reflect near-term volatility and investing in technology and loyalty to support sustainable growth.Company Guidance
Top-Line Revenue Growth
Total revenue for Q1 was $366.7M, up 14.3% year-over-year; system-wide sales grew 14.1% YoY with company-operated Shack sales of $354M (up 14.3% YoY).
Same-Shack Sales and Traffic Momentum
Same-Shack sales increased 4.6% in Q1, driven by 1.4% traffic growth and 3.2% price/mix; this marks the 21st consecutive quarter of positive Same-Shack sales and the third straight quarter of positive traffic.
Unit Development Acceleration
Record Q1 openings with 17 new company-operated Shacks (vs. 4 in Q1 2025) and 5 licensed Shacks; company now guiding to 60–65 new company-operated Shacks for 2026 (up from prior 55–60).
Restaurant-Level Margin Expansion
Restaurant-level profit was $75.1M or 21.2% of Shack sales, expanding 50 basis points year-over-year despite elevated beef costs.
Digital & Loyalty Foundations
Digital channel guest count and app downloads grew over 35% YoY; lifetime value of digital guests increased ~20%; company plans to launch a loyalty program by year-end and is investing in Project Catalyst (POS/KDS, AI, unified data) to roll out in H2 2026.
Successful Culinary Innovation
New LTOs (Clubhouse Pimento Cheeseburger/Pimento Chicken, Smoky Barbecue Baby Back Rib Sandwich, Mac & Cheese) drove strong results; the Baby Back Rib Sandwich priced at $12.99 significantly exceeded expectations and drove outpaced traffic and ticket growth in May.
Improvements in Labor Efficiency and Service Speed
Labor and related expenses improved 180 basis points YoY to 26.2% of Shack sales due to more efficient scheduling; average cook-to-order ticket times improved to under 6 minutes.
Solid Balance Sheet and Full-Year Revenue Outlook Maintained
Ended Q1 with $313.7M cash; reaffirmed full-year total revenue target of approximately $1.6B–$1.7B and maintained restaurant-level profit margin guidance (23%–23.5% full year).
SHAK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SHAK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $96.52 | $69.24 | -28.26% |
Feb 26, 2026 | $92.13 | $98.61 | +7.03% |
Oct 30, 2025 | $89.81 | $91.38 | +1.75% |
Jul 31, 2025 | $140.91 | $120.34 | -14.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Shake Shack Inc (SHAK) report earnings?
Shake Shack Inc (SHAK) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Shake Shack Inc (SHAK) earnings time?
Shake Shack Inc (SHAK) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SHAK EPS forecast?
SHAK EPS forecast for the fiscal quarter 2026 (Q2) is 0.4.
