Shake Shack's Q1 revenue rises 14%, posts net loss

Shake Shack

07/05/2026 12:22

Overview

U.S. fast-casual burger chain's Q1 revenue rose 14% yr/yr to $367 mln

Company posted Q1 net loss of $0.3 mln versus profit a year ago

Adjusted EBITDA for Q1 fell 9% yr/yr

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

NEW SHACK OPENINGS - Co opened 17 new company-operated Shacks and 5 new licensed Shacks during Q1, contributing to revenue growth

SAME-SHACK SALES GROWTH - Same-Shack sales rose 4.6% yr/yr, supporting higher overall revenue

HIGHER OPERATING EXPENSES - Increased food and paper costs, labor, and general and administrative expenses contributed to operating loss and lower profitability

Company press release: ID:nBw2TBl94a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.01
Q1 Adjusted Net Income
$100,000
Q1 Net Income
-$300,000
Q1 Adjusted EBITDA
$37 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 12 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Shake Shack Inc is $118.00, about 22.3% above its May 6 closing price of $96.52

The stock recently traded at 64 times the next 12-month earnings vs. a P/E of 64 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)