Quarterly ResultMay 7, 2026, 07:08 AM
Shake Shack Q1 Revenue $366.7M; Net Loss $0.3M
AI Summary
Shake Shack Inc. announced its first quarter 2026 financial results, reporting a 14.3% increase in total revenue to $366.7 million and a 4.6% rise in Same-Shack sales. Despite this sales momentum, the company posted an operating loss of $2.6 million and a net loss of $0.3 million, with Adjusted EBITDA down 9.3% year-over-year. The company also opened 17 new Company-operated Shacks and raised its full-year guidance for new Company-operated Shacks to 60-65.
Key Highlights
- Total revenue grew 14.3% to $366.7 million versus 2025.
- System-wide sales increased 14.1% to $558.3 million.
- Same-Shack sales were up 4.6% year-over-year, with 1.4% traffic growth.
- Operating loss was $2.6 million, compared to operating income of $2.8 million in 2025.
- Net loss was $0.3 million, versus net income of $4.5 million in 2025.
- Adjusted EBITDA decreased 9.3% to $37.0 million.
- Opened 17 new Company-operated Shacks and 5 new licensed Shacks.
- Raised full-year 2026 guidance for Company-operated Shacks to 60-65 from 55-60.