Shake Shack Lowers Q2 & Full-Year Financial Guidance Across Key Metrics
SHAK is trading near its 52-week low of $59.49 (3.3% below the low).
Summary
Shake Shack Inc. has issued a press release updating and lowering its financial guidance for Q2 and the full fiscal year 2026, citing macroeconomic uncertainty and a competitive landscape.
Key Events · Earnings and Guidance · SHAK
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Q2 Revenue Guidance Lowered
Total revenue guidance for Q2 2026 was lowered from $424-$428 million to $415-$420 million.
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Q2 Same-Shack Sales Guidance Reduced
Same-shack sales growth for Q2 2026 was lowered from 3.0%-5.0% to 2.5%-3.0%.
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Profit Margin Guidance Decreased
Restaurant-level profit margin guidance was lowered for Q2 (from 24.0%-24.5% to 22.0%-23.0%) and for the full year (from 23.0%-23.5% to 22.0%-23.0%).
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Full-Year Net Income and EBITDA Lowered
Full-year 2026 net income guidance was reduced from $50-$60 million to $45-$55 million, and Adjusted EBITDA from $230-$245 million to $225-$235 million.
Analysis · SHAK · Trade & Services
Shake Shack has significantly reduced its financial outlook for both the second quarter and the full fiscal year 2026. This widespread guidance cut, impacting revenue, same-shack sales, profit margins, Adjusted EBITDA, and net income, signals a deteriorating business environment. Coming after a reported net loss in Q1 2026 and with the stock trading near its 52-week low, this update suggests increased headwinds and could further pressure investor confidence despite recent insider accumulation.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 40.6% of the 409 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SHAK was trading at $57.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.5B. The 52-week trading range was $59.49 to $144.65. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.