Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 30, 2020, it operated 311 Shacks, including 183 domestic company-operated Shacks, 22 domestic licensed Shacks, and 106 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.
IPO Year: 2015
Exchange: NYSE
Website: shakeshack.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2026 | $85.00 | Strong Buy → Outperform | Raymond James |
| 6/3/2026 | $76.00 | Overweight → Equal-Weight | Morgan Stanley |
| 5/27/2026 | $76.00 → $70.00 | Hold | TD Cowen |
| 5/8/2026 | $85.00 | Hold → Buy | Stifel |
| 4/24/2026 | $120.00 | Buy | Guggenheim |
| 4/10/2026 | $120.00 | Neutral → Outperform | Mizuho |
| 3/31/2026 | $101.00 | Underperform → Neutral | BofA Securities |
| 3/30/2026 | $124.00 | Outperform | BNP Paribas Exane |
| 3/9/2026 | $118.00 | Outperform | Wolfe Research |
| 3/6/2026 | $125.00 | Buy | DA Davidson |
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Raymond James downgraded Shake Shack from Strong Buy to Outperform and set a new price target of $85.00
Morgan Stanley downgraded Shake Shack from Overweight to Equal-Weight and set a new price target of $76.00
TD Cowen reiterated coverage of Shake Shack with a rating of Hold and set a new price target of $70.00 from $76.00 previously
Stifel upgraded Shake Shack from Hold to Buy and set a new price target of $85.00
Guggenheim initiated coverage of Shake Shack with a rating of Buy and set a new price target of $120.00
Mizuho upgraded Shake Shack from Neutral to Outperform and set a new price target of $120.00
BofA Securities upgraded Shake Shack from Underperform to Neutral and set a new price target of $101.00
BNP Paribas Exane initiated coverage of Shake Shack with a rating of Outperform and set a new price target of $124.00
Wolfe Research initiated coverage of Shake Shack with a rating of Outperform and set a new price target of $118.00
DA Davidson initiated coverage of Shake Shack with a rating of Buy and set a new price target of $125.00
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Shake Shack slashed second quarter revenue guidance by up to $13 million and cut same-shack sales growth expectations nearly in half -- just 26 days after issuing such guidance and reaffirming key full-year metricsNEW YORK, June 3, 2026 /PRNewswire/ -- Shake Shack (NYSE: SHAK) shareholders lost approximately 9-10% of their investment today after the company cut Q2 FY 2026 revenue guidance to $415—$420 million, down from $424—$428 million issued just 26 days earlier. Same-shack sales growth guidance dropped from 3—5% to 2.5—3%, and restaurant-level profit margin expectations fell from 24—24.5% to 22—23%. Shareholders who lost money on SHAK are encouraged to submit their information now. You m
Management Updates Guidance Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) provided a business update for the fiscal second quarter ending July 1, 2026 and fiscal year ending December 30, 2026, ahead of presenting at June investor conferences. "Our updated guidance reflects the current macroeconomic uncertainty, competitive landscape, and related impacts now that we are more than two-thirds through the quarter, but it's important to emphasize that our fundamental business drivers remain strong. We remain confident in our ability to execute our strategic priorities and deliver long-term shareholder value," said CEO Rob Lynch. Updated Fiscal Second Quarter Guidance Endin
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), today announced that Rob Lynch, Chief Executive Officer, and Michelle Hook, Chief Financial Officer, will be participating in the following investor conferences: On Tuesday, June 2, 2026, the Company will host a fireside chat at the TD Cowen Consumer Conference in New York, NY. The fireside chat will begin at 10:15 a.m. Eastern Time. On Thursday, June 4, 2026, the Company will host a fireside chat at William Blair's 46th Annual Growth Stock Conference in Chicago, IL. The fireside chat will begin at 8:40 a.m. Central Time. On Monday, June 8, 2026, the Company will host a virtual fireside chat at the Oppenheimer 26th An
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Michelle Hook as the Company's Chief Financial Officer, effective May 11, 2026. Ms. Hook joins Shake Shack's executive leadership team and will be responsible for leading financial operations across the Company, including accounting and treasury, financial planning and analysis, tax, investor relations and external reporting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507583277/en/Shake Shack Appoints Michelle Hook as Chief Financial Officer. Ms. Hook brings more than two decades of financial and operational leadership experie
Total revenue of $366.7 million, up 14.3% versus 2025, including $354.0 million of Shack sales and $12.7 million of Licensing revenue. System-wide sales of $558.3 million, up 14.1% versus 2025. Same-Shack sales up 4.6% versus 2025. Operating loss of $2.6 million versus operating income of $2.8 million in 2025. Restaurant-level profit(1) of $75.1 million, or 21.2% of Shack sales. Net loss of $0.3 million versus net income of $4.5 million in 2025. Adjusted EBITDA(1) of $37.0 million, down 9.3% versus 2025. Net loss attributable to Shake Shack Inc. of $0.3 million, or loss of $0.01 per diluted share. Adjusted pro forma net income(1) of $0.1 million, or earnings of $
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release first quarter 2026 financial results on May 7, 2026, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until May 14, 2026 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13759466. The live audio webcast of the conference call will be accessible in the Even
Technology strategy will improve core systems, enhance AI capabilities, and launch the brand's first-ever loyalty platform to support the next phase of growth and deliver Enlightened Hospitality at scale The Company Reiterates First Quarter and Fiscal Year 2026 Guidance Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced Project Catalyst, a comprehensive technology initiative to scale its digital, data, and operational platforms as the Company expands to 1,500 Company-operated Shacks. Grounded in Shake Shack's commitment to Enlightened Hospitality, Project Catalyst focuses on modernizing restaurant systems, launching the brand's first loyalty platform, expand
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), today announced that Rob Lynch, Chief Executive Officer, will be participating in the following investor conferences: On Monday, March 9, 2026, the Company will be speaking with institutional investors at the Loop Capital Virtual Investor Conference. On Wednesday, March 11, 2026, the Company will host a fireside chat at the UBS Global Consumer and Retail Conference in New York, NY. The fireside chat will begin at 9:00 a.m. Eastern Time. The fireside chat will be webcast and available on the Company's Investor Relations website at http://investor.shakeshack.com on the Events & Presentations page. About Shake Shack Sh
Financial Highlights for the Fourth Quarter 2025: Total revenue of $400.5 million, up 21.9% versus 2024, including $385.3 million of Shack sales and $15.2 million of Licensing revenue. System-wide sales of $618.0 million, up 23.4% versus 2024. Same-Shack sales up 2.1% versus 2024. Operating income of $18.7 million. Restaurant-level profit(1) of $87.4 million, or 22.7% of Shack sales. Net income of $13.0 million. Adjusted EBITDA(1) of $56.1 million. Net income attributable to Shake Shack Inc. of $11.8 million, or earnings of $0.28 per diluted share. Adjusted pro forma net income(1) of $16.6 million, or earnings of $0.37 per fully exchanged and diluted share.
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release fourth quarter and fiscal year 2025 financial results on February 26, 2026, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until March 5, 2026 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13757509. The live audio webcast of the conference call will b
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Live Leadership Updates
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Michelle Hook as the Company's Chief Financial Officer, effective May 11, 2026. Ms. Hook joins Shake Shack's executive leadership team and will be responsible for leading financial operations across the Company, including accounting and treasury, financial planning and analysis, tax, investor relations and external reporting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507583277/en/Shake Shack Appoints Michelle Hook as Chief Financial Officer. Ms. Hook brings more than two decades of financial and operational leadership experie
Brand Brings on Seasoned Restaurant Executive to Help Scale Marketing Strategy Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Jim Taylor as Chief Commercial Officer, effective Tuesday, January 20. Taylor will report to Rob Lynch, CEO of Shake Shack and his role marks a new addition to the Company's leadership structure. As Chief Commercial Officer, Taylor will lead Shake Shack's marketing and culinary teams and oversee the brand's end-to-end revenue and growth strategy. "Jim is a proven leader with a track record of success across some of the most iconic brands in our industry," said Rob Lynch, Chief Executive Officer of Shake Shack. "
Appointment Reinforces Company's Focus on Growth and Marketing Investments Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Michael Fanuele as Chief Brand Officer, effective Monday, September 15. Fanuele will report into Rob Lynch, CEO of Shake Shack and his role marks a new addition to the Company's leadership structure. As Chief Brand Officer, Fanuele will oversee Advertising, Paid Media and Insights and Analytics working in close collaboration with Chief Growth Officer Steph So and Chief Communications Officer Luke DeRouen to advance Shake Shack's marketing strategy. Fanuele has been supporting Shake Shack as a consultant since earlier
Seasoned Leader Brings Deep Experience in Growth, Culture, and Team Development Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Jamie Griffin as Chief People Officer, effective immediately. Griffin will report to Rob Lynch, CEO of Shake Shack. "Jamie brings a deep passion for restaurants, an incredible track record of scaling great brands, and a genuine commitment to people," said Rob Lynch, CEO of Shake Shack. "As we look toward growing to 1,500 Shacks and welcoming thousands of new team members, his leadership will be instrumental in helping us to continue to build the kind of Shake Shack that we can all be proud of." As Chief People
Company Adds Proven Marketing Leaders to Support Strategic Growth and Innovation Priorities Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Steph So as Chief Growth Officer and Luke DeRouen as Chief Communications Officer, strengthening its leadership team as the company embarks on its next phase of growth. Both will report into Rob Lynch, CEO of Shake Shack, and their roles mark new additions to the Company's leadership structure. Shake Shack's Chief Marketing Officer, Jay Livingston, will move into a special projects role before leaving the organization at the end of March to pursue new opportunities. Steph So, formerly Senior Vice Pres
Mennen to Oversee all Aspects of the Company's Technology and Digital Capabilities Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Justin Mennen as Chief Information and Technology Officer, effective January 13, 2025. Mennen will report to Rob Lynch, CEO of Shake Shack, and will oversee all aspects of technology. "Justin brings a wealth of experience as a technology leader to Shake Shack, along with an impressive track record of driving innovation across industries," said Lynch. "He's joining us at a pivotal time in our growth, and we're confident his expertise will play a key role in elevating our operations and delivering an even better
Sentell Brings Proven Leadership, Operational Innovation and Strong P&L Experience to the Company Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that it has appointed Stephanie Sentell to the role of Chief Operations Officer, effective July 1, 2024. Stephanie is a seasoned restaurant executive and most recently served as Senior Vice President of Company Operations at Inspire Brands, where she oversaw the operations of more than 1,100 company-owned Arby's restaurants and led 22,000 restaurant team members across the United States. "I have known Stephanie for more than 10 years and she is one of the most dynamic and compassionate leaders that I have ever wor
Joe & the Juice ("the Company"), an urban juice bar and coffee concept selling freshly prepared juices, shakes, sandwiches, and coffee using natural and organic ingredients, today announced that Jeffrey Lawrence, a seasoned foodservice, consumer retail, franchising, and technology industry executive, has joined the Company's Board of Directors. Mr. Lawrence's appointment will support Joe & the Juice as it further accelerates its growth and expansion in international markets. Mr. Lawrence brings more than 25 years of leadership experience in building and franchising digitally enabled foodservice and consumer brands. He previously served in global senior leadership roles at Domino's Pizza (
Xponential Fitness, Inc. (NYSE:XPOF) ("Xponential" or "the Company), the largest global franchisor of health and wellness brands, today announced that Jeffrey Lawrence has been appointed to the Company's Board of Directors, effective April 10, 2024. Mr. Lawrence will serve on the Board's Audit Committee. Mark Grabowski, Chairman of the Board of Xponential, said, "Jeff is an accomplished executive and board member with decades of leadership experience at some of the most well-known consumer brands, including Domino's, FIGS and Shake Shack. In addition to his deep financial acumen and track record of value creation, he brings expertise in executing franchise expansions on a global scale. We
Randy Garutti to support CEO transition and remain as advisor through 2024 Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that its Board of Directors has appointed Rob Lynch to the role of Chief Executive Officer and board member, effective May 20, 2024. Mr. Lynch currently serves as President and CEO of Papa John's International, Inc. and under his leadership, the Company has achieved record global system-wide sales. Mr. Lynch will succeed Randy Garutti who will continue as the Company's CEO through May 20, 2024, which will also be his final day serving on the Board, before transitioning to an advisor through the end of this year to ensure a smooth transiti
Live finance-specific insights
Total revenue of $366.7 million, up 14.3% versus 2025, including $354.0 million of Shack sales and $12.7 million of Licensing revenue. System-wide sales of $558.3 million, up 14.1% versus 2025. Same-Shack sales up 4.6% versus 2025. Operating loss of $2.6 million versus operating income of $2.8 million in 2025. Restaurant-level profit(1) of $75.1 million, or 21.2% of Shack sales. Net loss of $0.3 million versus net income of $4.5 million in 2025. Adjusted EBITDA(1) of $37.0 million, down 9.3% versus 2025. Net loss attributable to Shake Shack Inc. of $0.3 million, or loss of $0.01 per diluted share. Adjusted pro forma net income(1) of $0.1 million, or earnings of $
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release first quarter 2026 financial results on May 7, 2026, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until May 14, 2026 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13759466. The live audio webcast of the conference call will be accessible in the Even
Financial Highlights for the Fourth Quarter 2025: Total revenue of $400.5 million, up 21.9% versus 2024, including $385.3 million of Shack sales and $15.2 million of Licensing revenue. System-wide sales of $618.0 million, up 23.4% versus 2024. Same-Shack sales up 2.1% versus 2024. Operating income of $18.7 million. Restaurant-level profit(1) of $87.4 million, or 22.7% of Shack sales. Net income of $13.0 million. Adjusted EBITDA(1) of $56.1 million. Net income attributable to Shake Shack Inc. of $11.8 million, or earnings of $0.28 per diluted share. Adjusted pro forma net income(1) of $16.6 million, or earnings of $0.37 per fully exchanged and diluted share.
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release fourth quarter and fiscal year 2025 financial results on February 26, 2026, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until March 5, 2026 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13757509. The live audio webcast of the conference call will b
Total revenue of $367.4 million, up 15.9% versus 2024, including $352.8 million of Shack sales and $14.6 million of Licensing revenue. System-wide sales of $571.5 million, up 15.4% versus 2024. Same-Shack sales up 4.9% versus 2024. Operating income of $18.5 million versus operating loss of $18.0 million in 2024. Restaurant-level profit(1) of $80.6 million, or 22.8% of Shack sales. Net income of $13.7 million versus net loss of $11.1 million in 2024. Adjusted EBITDA(1) of $54.1 million, up 18.2% versus 2024. Net income attributable to Shake Shack Inc. of $12.5 million, or earnings of $0.30 per diluted share. Adjusted pro forma net income(1) of $15.9 million, or ea
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release third quarter 2025 financial results on October 30, 2025, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until November 6, 2025 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13756073. The live audio webcast
Total revenue of $356.5 million, up 12.6% versus 2024, including $343.2 million of Shack sales and $13.3 million of Licensing revenue. System-wide sales of $549.9 million, up 13.7% versus 2024. Same-Shack sales up 1.8% versus 2024. Operating income of $22.4 million versus operating income of $10.8 million in 2024. Restaurant-level profit(1) of $82.2 million, or 23.9% of Shack sales. Net income of $18.5 million versus net income of $10.4 million in 2024. Adjusted EBITDA(1) of $58.9 million, up 24.8% versus 2024. Net income attributable to Shake Shack Inc. of $17.1 million, or earnings of $0.41 per diluted share. Adjusted pro forma net income(1) of $19.5 million, o
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release second quarter 2025 financial results on July 31, 2025, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until August 7, 2025 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13753940. The live audio webcast of
Total revenue of $320.9 million, up 10.5% versus 2024, including $309.8 million of Shack sales and $11.1 million of Licensing revenue. System-wide sales of $489.4 million, up 10.4% versus 2024. Same-Shack sales up 0.2% versus 2024. Operating income of $2.8 million versus operating income of $0.0 million in 2024. Restaurant-level profit(1) of $64.2 million, or 20.7% of Shack sales. Net income of $4.5 million versus net income of $2.2 million in 2024. Adjusted EBITDA(1) of $40.7 million, up 13.5% versus 2024. Net income attributable to Shake Shack Inc. of $4.2 million, or earnings of $0.10 per diluted share. Adjusted pro forma net income(1) of $6.4 million, or earnings of
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release first quarter 2025 financial results on May 1, 2025, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until May 8, 2025 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13752433. The live audio webcast of the conf
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