SHAK Stock — Shake Shack Inc.

Up next

Next earnings call

Nov 4, 2026 Est · unconfirmed · in 5 wks

Latest filing: 10-Q

filed Aug 5, 2026

Q2 2026 earnings call transcript

call held Aug 5, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

—

Trailing 12 months

Net income (TTM)

—

Trailing 12 months

Revenue growth YoY

—

Year over year

Operating margin

—

Trailing 12 months

P / E (TTM)

—

Trailing earnings

FCF yield

—

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

—

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

—

Year over year · more shares

Price change (1Y)

-37.3%

Trailing year

Short interest

8.5%

Latest settlement · 2.9 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 5, 2026

Q2 FY26

TL;DR. Shake Shack reported Q2 revenue up 17.2% to $417.6M with same-Shack sales up 3.5% (including 2% positive traffic) and opened a record 16 company-operated shacks, but restaurant-level margin fell 90 bps to 23.0% on record-high beef costs, and management now expects full-year adjusted EBITDA and net income at the low end of their prior ranges.

Bullish

+ Total revenue grew 17.2% year-over-year to $417.6M driven by new openings and 3.5% same-Shack sales growth.
+ Delivered a record 16 new company-operated shacks in Q2, tracking to 60-65 for the year.
+ Achieved four consecutive quarters of positive traffic and 22nd consecutive quarter of positive same-Shack sales.
+ Digital ecosystem strength continued with comparable app channel sales up nearly 30% year-over-year.
+ Licensing revenue grew 7.1% and licensing sales grew 7.6% to $222.4M with on-track 40-45 new licensed shacks planned.

Bearish

− Full-year adjusted EBITDA and net income now expected at the low end of prior guidance ranges of $225M-$235M and $45M-$55M, respectively.
− Net income attributable to Shake Shack fell 8.6% year-over-year to $15.7M.
− Other operating expenses rose 80 bps year-over-year to 15.6% of shack sales on higher delivery commissions.
− Ongoing Middle East conflict continues to weigh on licensing, particularly in the historically high-volume UAE market.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Bearish Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −24%

below

Price vs 50-day avg −10%

below

RSI (14) 42

neutral

MACD trend Positive

52-week position 12%

near low

Momentum

relative strength

Very Weak

1-month return −13%

trailing

6-month return −40%

trailing

YTD return −28%

this year

Relative strength −52%

vs S&P · 6-mo

Sentiment

smart money

Bearish

Trend (MA cross) No cross

50d $65 › 200d $77 — 200d above 50d

Institutional flow Distributing

-7% holders QoQ · +69 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

8.51% of float · ▲ +1.0% MoM · 2.9 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

348 holders — mid 3-yr range

Squeeze score 58

elevated · 0–100

Fundamentals

Excellent

Revenue growth +15%

Y/Y

EPS growth +354%

Y/Y

Free cash flow $56.5M

Valuation P/E 59.1

rich

Balance sheet $112.4M

net cash

Quant / Vol

risk profile

Very High

Volatility 55%

annualized · 1-yr

Max drawdown −50%

past year

ATR 4.7%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 6 of last 7

Latest guidance · from the 8-K filed Aug 5, 2026

Total revenue · FY 2026 Initiated $1.6B – $1.7B

prior FY $1.45B midpoint +14.2% Y/Y

Licensing revenue · FY 2026 Initiated $57M – $59M

Restaurant-level profit margin · FY 2026 Non-GAAP Initiated 22% – 23%

Equity-based compensation · FY 2026 Initiated $28M

Pre-opening Costs · FY 2026 Initiated $26M – $28M

Depreciation and amortization expense · FY 2026 Initiated $124M – $128M

Adjusted EBITDA · FY 2026 Non-GAAP Initiated $225M – $235M

Guided vs delivered · last 7 settled

Total revenue FY2024

guided $1.24B – $1.25B

guided $1.24B – $1.25B $1.25B Beat +0.6%

Total revenue Q3 2024 Guidance

guided $311.6M – $317M

guided $311.6M – $317M $316.92M In line

Total revenue Q1 2024

guided $288.4M – $292.8M

guided $288.4M – $292.8M $290.5M In line

Total revenue Q4 2023 Guidance

guided $276.25M – $281.75M

guided $276.25M – $281.75M $286.24M Beat +2.6%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell

3 · 2 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−24% Bearish

Price vs 50-day avg

−10% Bearish

RSI (14)

42 Neutral

MACD trend

Positive Bullish

52-week position

12% Bearish

Market signals — smart money & positioning

Bearish · 2 of 6

Trend (MA cross) No cross

50d $65 › 200d $77 — 200d above 50d

Institutional flow Distributing

-7% holders QoQ · +69 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

8.51% of float · ▲ +1.0% MoM · 2.9 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

348 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $52 Now $59 · 12% Range high $105

vs 200-day avg -24% vs 50-day avg -10%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Restaurants — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
SHAK Shake Shack Inc. this stock	$2.38B	-27.7%	+15.4%	59.1	8.5%
MCD Mcdonalds Corp	$167.36B	-24.4%	+3.7%	19.2	1.7%
SBUX Starbucks Corp	$108.14B	+11.6%	+2.8%	54.8	3.5%
CMG Chipotle Mexican Grill Inc	$40.08B	-13.6%	+5.4%	29.1	3.2%
YUM Yum Brands Inc	$38.22B	-9.9%	+8.8%	17.6	3.6%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

348

% held: 94.2%
Net QoQ: -4.1M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

271

View

Short & Settlement

Short Interest Rising

Shares short

3.6M

Days to cover: 2.9d
Change: +36.7K sh

View

Short Volume

Short vol %

57%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

194

Value: $13.5K
As of: Sep 8, 2026

View

Off-Exchange

Off-exchange %

42.5%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Congressional Trades Buy

Member

Gilbert Cisneros

Amount: $1.0K–$15.0K
Traded: Jan 5, 2026

View

Financials

Revenue (FY)

$1.4B

Net income (FY): $45.7M
EPS diluted: $1.09

View

Filings

SEC Filings

Latest

8-K

Filed: Aug 5, 2026
This year: 20

View

Proposed Sales

Value

$26.4K

Shares: 258
Filed: Apr 15, 2026

View

Earnings & Events

Earnings Calls

Last call

Aug 5, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
SHAK	+0.4%	-13.2%	-39.9%	-14.8%	-27.7%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	+1.0%	-13.3%	-52.0%	-14.2%	-39.6%

SHAK · Shake Shack Inc.

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance