olivLaw · US equity research
Shake Shack Inc. SHAK
Retail-Eating & Drinking Places · SIC 5810 · Vertical: Retail-Eating & Drinking Places (SIC 5810)
Shake Shack Inc. (SHAK) operates a US chain of fine-casual restaurants serving premium versions of American classics such as Angus beef burgers. The company is trying to accelerate growth through new restaurants, digital channels and menu innovation, at a time when same-Shack sales and guest traffic are under pressure. About 703 Shacks were in operation at the end of the first half of 2026.
At the close of 04 Nov 2026, Shake Shack Inc. (SHAK) stock was 72.82 USD (+3.82% on the day), with market capitalisation 0 USD, P/E 77.2 on diluted EPS of 0.94 USD over the last 12 months, beta 1.53, 52-week range 52.34–104.69 USD. Latest reported quarter (Q2 2026): revenue of 417.6 m USD (+17.2% YoY), net income of 15.7 m USD (−8.6% YoY), diluted EPS 0.37 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 62.1
- strong (55–70)
- Bollinger (20, 2)
- 64.21 – 73.74
- in the upper half of the band · %B 0.90 · band width 13.8%
- SMA 50 / 200
- 65.08 / 74.63
- mixed trend
- MACD (12, 26, 9)
- 1.77 / 1.42
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +16.7% | −1.1% | +17.8 pp | — |
| 3 months | −2.0% | −0.5% | −1.6 pp | — |
| 6 months | −24.6% | +4.4% | −28.9 pp | — |
| Year to date | −10.3% | +12.3% | −22.6 pp | — |
| 1 year | −22.9% | +13.5% | −36.4 pp | −14.8% |
| 3 years | +22.4% | +76.4% | −54.0 pp | +1.7% |
| 5 years | −20.0% | +63.7% | −83.6 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 01 Jul 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316.9 m | 328.7 m | 320.9 m | 356.5 m | 367.4 m | 400.5 m | 366.7 m | 417.6 m |
| Operating income | -18.0 m | 10.2 m | 2.8 m | 22.4 m | 18.5 m | 18.7 m | -2.6 m | 20.7 m |
| Depreciation & amortisation | 25.7 m | 25.8 m | 26.5 m | 26.5 m | 27.1 m | 26.4 m | 29.1 m | 30.7 m |
| Interest expense | 498.0 k | 512.0 k | 563.0 k | 548.0 k | 504.0 k | 544.0 k | 548.0 k | 553.0 k |
| Pre-tax income | -15.0 m | 12.9 m | 5.3 m | 24.7 m | 21.1 m | 21.5 m | -439.0 k | 22.8 m |
| Income tax | -3.9 m | 3.6 m | 737.0 k | 6.2 m | 7.4 m | 8.5 m | -145.0 k | 5.9 m |
| Net income | -10.2 m | 8.7 m | 4.2 m | 17.1 m | 12.5 m | 11.8 m | -290.0 k | 15.7 m |
| Diluted EPS | -0.26 | 0.20 ≈ | 0.10 | 0.41 | 0.30 | 0.28 ≈ | -0.01 | 0.37 |
| Operating cash flow | 41.9 m ≈ | 45.1 m | 31.2 m | 65.0 m ≈ | 63.0 m ≈ | 63.1 m | 8.5 m | 57.0 m ≈ |
| Capex | 34.8 m ≈ | 34.7 m | 29.4 m | 38.1 m ≈ | 39.3 m ≈ | 59.2 m | 47.2 m | 57.7 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 10 percentile of its own 21-quarter history (min 60.2, median 153.3, max 6,140.4; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 459.3 m | 594.5 m | 522.9 m | 739.9 m | 900.5 m | 1.1 bn | 1.3 bn | 1.4 bn |
| Revenue YoY | +28.0% | +29.4% | −12.1% | +41.5% | +21.7% | +20.8% | +15.2% | +15.4% |
| Net income | 15.2 m | 19.8 m | -42.2 m | -4.6 m | -21.2 m | 20.3 m | 10.2 m | 45.7 m |
| Net income YoY | unavailable | +30.6% | −312.6% | unavailable | unavailable | unavailable | −49.6% | +348.0% |
| Diluted EPS | 0.52 | 0.61 | -1.14 | -0.12 | -0.54 | 0.48 | 0.24 | 1.09 |
| Diluted EPS YoY | unavailable | +17.3% | −286.9% | unavailable | unavailable | unavailable | −50.0% | +354.2% |
| net % | 3.3% | 3.3% | -8.1% | -0.6% | -2.4% | 1.9% | 0.8% | 3.2% |
| Free cash flow | -2.1 m | -16.7 m | -31.7 m | -43.1 m | -65.8 m | -14.0 m | 35.7 m | 56.5 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 360.1 m USD
- Financial debt
- 247.7 m USD
- Net debt
- -112.4 m USD
- Equity
- 553.7 m USD
- Total assets
- 1.9 bn USD
- Debt / equity
- 0.45x
- Current ratio
- 1.76x
- ROE
- 8.7%
- ROA
- 2.5%
- FCF margin
- 3.9%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 522.9 m | 739.9 m | 900.5 m | 1.1 bn | 1.3 bn | 1.4 bn | SEC (XBRL)· 26 Feb 2026verified |
| Operating income | -43.9 m | -15.9 m | -26.9 m | 5.9 m | 3.0 m | 62.5 m | SEC (XBRL)· 26 Feb 2026verified |
| Depreciation & amortisation | 48.8 m | 59.0 m | 72.8 m | 91.2 m | 102.5 m | 106.6 m | SEC (XBRL)· 26 Feb 2026verified |
| EBITDA | 4.9 m ≈ | 43.1 m ≈ | 45.9 m ≈ | 97.2 m ≈ | 105.5 m ≈ | 169.1 m ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Interest expense | 815.0 k | 1.6 m | 1.5 m | 1.7 m | 2.0 m | 2.2 m | SEC (XBRL)· 26 Feb 2026verified |
| Pre-tax income | -45.5 m | -17.3 m | -24.3 m | 17.0 m | 14.2 m | 72.6 m | SEC (XBRL)· 26 Feb 2026verified |
| Income tax | 57.0 k | -11.3 m | -1.2 m | -4.0 m | 3.4 m | 22.9 m | SEC (XBRL)· 26 Feb 2026verified |
| Net income | -42.2 m | -4.6 m | -21.2 m | 20.3 m | 10.2 m | 45.7 m | SEC (XBRL)· 26 Feb 2026verified |
| Diluted EPS | -1.14 | -0.12 | -0.54 | 0.48 | 0.24 | 1.09 | SEC (XBRL)· 26 Feb 2026verified |
| Weighted average diluted shares | 37.1 m | 39.1 m | 39.2 m | 43.9 m | 44.2 m | 41.8 m | SEC (XBRL)· 26 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 146.9 m | 302.4 m | 230.5 m | 224.7 m | 320.7 m | 360.1 m | SEC (XBRL)· 26 Feb 2026verified |
| Receivables | 9.5 m | 13.7 m | 13.9 m | 16.8 m | 19.7 m | 33.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Inventories | 2.9 m | 3.9 m | 4.2 m | 5.4 m | 6.0 m | 7.2 m | SEC (XBRL)· 26 Feb 2026verified |
| Current assets | 203.2 m | 409.7 m | 344.0 m | 334.4 m | 368.2 m | 430.3 m | SEC (XBRL)· 26 Feb 2026verified |
| Property, plant & equipment, net | 336.5 m | 389.4 m | 467.0 m | 531.0 m | 551.6 m | 625.9 m | SEC (XBRL)· 26 Feb 2026verified |
| Total assets | 1.1 bn | 1.5 bn | 1.5 bn | 1.6 bn | 1.7 bn | 1.9 bn | SEC (XBRL)· 26 Feb 2026verified |
| Accounts payable | 23.5 m | 19.9 m | 20.4 m | 22.3 m | 23.6 m | 24.7 m | SEC (XBRL)· 26 Feb 2026verified |
| Long-term debt | 0 | 243.5 m | 244.6 m | 245.6 m | 246.7 m | 247.7 m | SEC (XBRL)· 26 Feb 2026verified |
| Current liabilities | 109.7 m | 121.5 m | 147.7 m | 164.1 m | 187.3 m | 244.9 m | SEC (XBRL)· 26 Feb 2026verified |
| Total liabilities | 710.9 m | 1.0 bn | 1.1 bn | 1.1 bn | 1.2 bn | 1.3 bn | SEC (XBRL)· 26 Feb 2026verified |
| Equity | 444.6 m | 449.8 m | 436.8 m | 469.4 m | 493.6 m | 553.7 m | SEC (XBRL)· 26 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 37.4 m | 58.4 m | 76.7 m | 132.1 m | 171.2 m | 222.4 m | SEC (XBRL)· 26 Feb 2026verified |
| Capex | 69.0 m | 101.5 m | 142.6 m | 146.2 m | 135.5 m | 165.8 m | SEC (XBRL)· 26 Feb 2026verified |
| Free cash flow | -31.7 m ≈ | -43.1 m ≈ | -65.8 m ≈ | -14.0 m ≈ | 35.7 m ≈ | 56.5 m ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Investing cash flow | -69.4 m | -144.9 m | -143.4 m | -132.3 m | -66.1 m | -165.8 m | SEC (XBRL)· 26 Feb 2026verified |
| Financing cash flow | 141.8 m | 242.0 m | -5.2 m | -5.7 m | -9.0 m | -17.1 m | SEC (XBRL)· 26 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 66 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 0 USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet94
- Growth100
- Valuation60
- Quality32
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 13.00 – 58.23 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · insufficient data
- Peers: EV/EBITDAunavailable · the base of the ratio is not positive
- Peers: P/E13.00 – 58.23 (Mid 35.73)4 companies used · median multiple 37.9x · quartiles 13.8x – 61.8xBROS, CHA, SBUX, WEN
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 66/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 7.8% | 45 (on a fixed band) | 14% |
| Net margin · Quality | 2.6% | 43 (vs peers) | 9% |
| FCF conversion · Quality | -29.5% | 0 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 17.1% | 100 (on a fixed band) | 11% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | -0.4x | 100 (on a fixed band) | 14% |
| Interest coverage · Balance sheet | 25.8x | 100 (on a fixed band) | 9% |
| Current ratio · Balance sheet | 1.7x | 72 (on a fixed band) | 6% |
| P/E (TTM) · Valuation | 77.2x | 20 (vs peers) | 14% |
| EV/EBITDA · Valuation | -0.4x | 100 (on a fixed band) | 14% |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet94/100 · 3/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality32/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation60/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
SHAKE SHACK INC. (SHAK). Latest full fiscal year: 2025; data up to 2026-07-01.
Figures computed from the financial statements: revenue 1.4 bn USD in 2025; YoY growth 15.4%; net margin 2.6%; ROE 7.7%; net debt/EBITDA -0.4x.
The estimated value range is 13.00–58.23 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 35.73 USD, the price of 72.82 USD leaves a potential of -50.9% (value / price − 1) and a margin of safety of -103.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 66/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth, returns. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 17.1%
- Net debt / EBITDA: -0.4x
- Interest coverage: 25.8x
- Current ratio: 1.7x
- EV/EBITDA: -0.4x
What contradicts it
- FCF conversion: -29.5%
- P/E (TTM): 77.2x
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): EPS CAGR 3Y, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Retail-Eating & Drinking Places (SIC 5810) · same industry (4-digit SIC) · compared with 7 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| SBUXStarbucks Corporation | 125.1 bn | 63.2 | — | 5.2% | +2.8% | +26% / +10% |
| BROSDutch Bros Inc. | 6.8 bn | 61.3 | 12.9% | 4.9% | +27.9% | −25% / +65% |
| CHAChagee Holdings Ltd. | 2.4 bn | 14.5 | 16.0% | 9.1% | unavailable | −15% / unavailable |
| WENWendy's Co | 1.5 bn | 11.6 | 108.0% | 5.7% | −3.1% | −9% / −59% |
| CNNECannae Holdings, Inc. | 792.4 m | — | -13.3% | -38.2% | −6.4% | +13% / +2% |
| SDOTSadot Group Inc. | 7.8 m | — | -486.7% | -24.1% | −64.8% | −90% / −99% |
| BRCBBlack Rock Coffee Bar, Inc. | — | 190.7 | 2.8% | 0.7% | +24.5% | −52% / unavailable |
| SHAKShake Shack Inc. | — | 77.2 | 7.7% | 2.6% | +15.4% | −23% / +22% |
1- and 3-year price returns: for SHAK from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | input data missing Total return unavailable · Per year unavailable | input data missing Total return unavailable · Per year unavailable | input data missing Total return unavailable · Per year unavailable |
| 3 years | input data missing Total return unavailable · Per year unavailable | input data missing Total return unavailable · Per year unavailable | input data missing Total return unavailable · Per year unavailable |
| 5 years | input data missing Total return unavailable · Per year unavailable | input data missing Total return unavailable · Per year unavailable | input data missing Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Shake Shack Inc. (SHAK) operates a US chain of fine-casual restaurants serving premium versions of American classics such as Angus beef burgers. The company is trying to accelerate growth through new restaurants, digital channels and menu innovation, at a time when same-Shack sales and guest traffic are under pressure. About 703 Shacks were in operation at the end of the first half of 2026.
SWOT
Strengths
- Strong, recognized brand with a loyal customer base and a clear identity tied to ingredient quality.
- Solid growth in new-Shack sales and total revenue in 2025 and in the first half of 2026.
- Well-developed digital platform, with a significant share of sales made through the app and website.
Weaknesses
- Guest traffic declined in 2025, and sales growth depended largely on higher prices.
- Margins are sensitive to beef and labor costs, which limits flexibility.
- The geographic concentration of company-operated Shacks makes results dependent on the economies of certain regions.
Opportunities
- Expansion into new US markets and selectively abroad through licensed partners.
- Stronger loyalty through rewards, personalized offers and kiosks.
- Limited-time menu innovation, which can attract guests and raise visit frequency.
Threats
- Intense competition in fast-food and fine-casual could pressure prices and traffic.
- Rising labor, food and energy costs could reduce margins.
- Food safety incidents and reputational damage can quickly erode customer trust.
Risks
- Dependence on opening new restaurantshigh
Growth depends on finding suitable locations and opening them on time and within budget. Delays or higher costs could affect results.
- Declining guest traffichigh
If guests visit less often, sales growth could depend too heavily on prices, which has limits.
- Commodity costsmedium
Higher beef and other food costs could reduce restaurant margins, especially if menu prices cannot be adjusted.
- Labor costsmedium
Wages and personnel costs could rise, and recruiting and retaining staff could become harder.
- Food safety and reputationmedium
A serious food-related incident could affect sales and the brand's reputation over the long term.
Investment thesis
What would need to be true (bull case)
- If new restaurants keep reaching their expected sales, revenue growth could support the company's expansion.
- If traffic improves and the loyalty program raises visit frequency, margins could benefit.
- A strong brand and digital channels could help build a more stable customer base.
What would break the thesis
- If traffic stays weak and growth still depends on prices, demand could be more fragile than the headline figures suggest.
- Costs for beef, staff and locations could limit margins, especially during periods of inflation.
- Large investments in new restaurants and digital could fail to generate adequate returns if competition intensifies.
What to watch
- Trend in same-Shack sales and guest trafficQ3 2026
- Pace of company-operated openings against the long-term target2027
- Restaurant-level margin trend and beef cost pressureQ3 2026
- Digital sales share and effect of the loyalty programnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Shake Shack serves modern and elevated versions of American classics, with a focus on premium ingredients, made-to-order Angus beef burgers, crispy chicken, hand-spun milkshakes and house-made lemonades, plus beer and wine. The company started in 2004 from Madison Square Park in New York and has become a brand with a devoted following, combining fine-dining roots with a casual setting. The model is mixed: company-operated restaurants and licensed restaurants, which generate licensing revenue from license fees and territory fees.
The financial structure rests mainly on sales from company-operated Shacks, which represented 96.3% of total revenue in fiscal 2025. Licensing revenue, though small, grew faster in 2025, and its share remains limited. The company describes its growth strategy as opening new Shacks, growing same-Shack sales, improving the guest experience and innovating the menu with limited-time offerings.
Digital channels have become an important part of the model: the app, website and third-party delivery platforms accounted for 40.8% of Shack sales in the second quarter of 2026. The company invests in loyalty, personalized offers and kiosks, aiming to turn occasional visits into recurring habits.
Segments
Company-operated Shacks
These generate the company's main sales and are the primary source of restaurant revenue. Shack sales rose 15.2% in 2025, mainly due to the 45 new company-operated Shacks opened, while guest traffic declined slightly.
Licensed Shacks
Licensed partners operate international Shacks and some domestic ones, and Shake Shack earns license fees from their sales. Licensing revenue is smaller than company-operated sales but is tied to international expansion.
Market context
The market is that of quick-service and fine-casual restaurants in the United States and a few other countries, where consumers choose between affordable chains and premium concepts. The company positions itself between the two, and its market share is small compared with the large fast-food chains, based on the information in the documents provided.
Demand depends on guest traffic, menu prices, food and labor costs, and the ability to find new locations. The company is watching traffic closely, since in 2025 sales growth came mainly from prices rather than from more guests.
Trends
- Digital expansion and deliverymixed
Digital sales are growing quickly and could support visit frequency over the long term if the loyalty program works. Third-party delivery fees could however reduce margins.
- Higher menu pricesmixed
Higher prices supported same-Shack sales, but if guests become more price sensitive, traffic could decline further.
- Beef and commodity costsheadwind
Rising costs for beef and other ingredients have pressured restaurant margins, and the effect could persist if prices stay high.
- Expansion into new US marketstailwind
Opening Shacks outside the Northeast could widen the customer base, but newer markets may have lower brand awareness.
Competitive position
Shake Shack competes with burger chains, quick-service restaurants and fine-casual restaurants for the same guests and locations. Its advantages are brand identity and ingredient quality, but higher product costs may limit appeal to price-sensitive guests.
Competition for good sites in commercial areas and for labor talent is intense. If Shake Shack cannot maintain its differentiation, pressure on prices and traffic could increase.
- Chipotle Mexican GrillCMG
Fine-casual chain with a similar positioning, competing for the same guests in the premium quick segment.
- McDonald'sMCD
Leader in quick service, with affordable prices and a global network, competing for the same dining occasions.
- Wendy'sWEN
Quick-service burger chain competing directly in the burger category.
- Independent fine-casual restaurants
Local and regional restaurants offering premium ingredients and a similar atmosphere, especially in large cities.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Stocks making the biggest moves premarket: Shake Shack, Wendy's, Peloton, Unity Software & moreCNBC — Top News · 05 Nov 2026 · EN
- Below-Expected Earnings Pressured Shake Shack (SHAK) in Q2Yahoo Finance — News · 21 Sept 2026 · EN
- Starboard Value CEO Jeff Smith on New Shake Shack StakeBloomberg Markets · 05 Aug 2026 · EN
- Starboard Value Has Taken a Position in Shake Shack, CEO Smith SaysBloomberg Markets · 05 Aug 2026 · EN
SEC filings
- Quarterly report05 Aug 2026
- Current report05 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report12 Jun 2026Departure or appointment of officers · Financial statements and exhibits
- Current report11 Jun 2026Shareholder vote
- Current report02 Jun 2026Regulation FD disclosure · Financial statements and exhibits
- Quarterly report07 May 2026
- Current report07 May 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Current report07 May 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Proxy statement29 Apr 2026
- Current report01 Apr 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Shake Shack Inc. · 26 Feb 2026
- [2] Form 10-Q, quarter ended 2026-07-01 · SEC / Shake Shack Inc. · 05 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Shake Shack Inc. · 05 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.