Quarterly ResultMay 7, 2026, 04:16 PM
Shake Shack Q1 Net Loss $(290)K; Basic EPS $(0.01)
AI Summary
Shake Shack Inc. reported a net loss attributable to Shake Shack Inc. of $(290) thousand, or $(0.01) basic and diluted earnings per share, for the thirteen weeks ended April 1, 2026. This marks a significant decline from a net income of $4.2 million in the prior year period, despite a 14.3% increase in total revenue to $366.7 million. Additionally, net cash provided by operating activities saw a substantial decrease to $8.5 million.
Key Highlights
- Shake Shack reported a net loss of $(290) thousand for Q1 2026, down from $4.2 million net income in Q1 2025.
- Basic and diluted EPS were $(0.01) for Q1 2026, compared to $0.11 and $0.10 respectively in Q1 2025.
- Total revenue increased 14.3% to $366.7 million in Q1 2026 from $320.9 million in Q1 2025.
- Shack sales rose 14.3% to $354.0 million, and licensing revenue grew 14.7% to $12.7 million.
- Net cash provided by operating activities decreased 72.8% to $8.5 million from $31.2 million year-over-year.
- As of April 1, 2026, Shake Shack operated 679 Shacks system-wide, including 390 Company-operated.
Price Impact
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