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Shake Shack, Inc.

SHAK Consumer Discretionary Restaurants
$67.88
▼ -2.7% Today
as of Oct 22, 16:52 ET
Last 30 days +6.88% Sep 14 → Oct 22
$53.52 $58.45 $63.38 $68.30 $73.23 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$67.40
High
$69.08
Low
$66.97
Volume
$1M
Avg Vol
$2M
Mkt Cap
$2.7B
P/E (TTM)
106.05
Beta
—
52w High
$107.46
52w Low
$51.60
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 25 items

Oct 22 · 13:55 MT Newswires
UBS Adjusts Price Target on Shake Shack to $73 From $68, Maintains Neutral Rating
Oct 21 · 22:46 StockStory
Wingstop, CAVA, Wendy's, Shake Shack, and Jack in the Box stocks trade down, what you need to know
Oct 21 · 15:00 Zacks
Shake Shack (SHAK) Upgraded to Buy: Here's What You Should Know
▸ Show all 25 press releases & news Free account →

SHAK earnings at a glance

Shake Shack, Inc. (SHAK) is scheduled to report earnings on Thursday, October 29, 2026 — in 6 days. Analysts expect earnings per share of $0.32, compared with $0.36 in the same quarter last year (-11%). The options market is pricing a move of about ±11.9% after the report, a range of roughly $59.78 to $75.98 from today's $67.88. Over its last 6 reports the stock rose the next day 4 times and fell 2, moving ±10.8% on average; after the most recent report on Aug 5, 2026 it moved +12.2%. That means options currently expect about the same movement than SHAK has typically delivered. SHAK beat the consensus EPS estimate in 4 of its last 6 reported quarters. Implied volatility is currently 61%. The share price of $67.88 sits in the middle of its 52-week range.

More Consumer Discretionary stocks · All stocks · Earnings calendar

Overview

52-week range
$52
$107
29% of range
Avg surprise (last 6)
-6.0%
Avg reaction (last 6)
-3.5%
67% positive
Latest IV / EM
61%
EM ±11.9% · $66 · Oct 30

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.26$-0.09$0.09$0.26$0.44 Actual $-0.04Actual $0.16Actual $0.19Actual $0.05Actual $0.23Actual $-0.26Actual $0.14Est $0.16Actual $0.44Est $0.37Actual $0.36Est $0.31Actual $0.37Est $0.36Est $0.11Actual $0.43Est $0.31 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258KMar/2026Jun/2026
Revenue vs Net Income Revenue Net income
$-10M$102M$214M$326M$438M Sep 24Mar 25Jun 25Sep 25Apr 26Jul 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Wed Aug 5, 2026Jun/2026 $0.43 $0.31 +38.7% -29.6% +12.2% earnings
Thu May 7, 2026Mar/2026 — $0.11 -100.0% -100.0% -28.3% earnings
Thu Feb 26, 20268K 2026-02-26 $0.37 $0.36 +2.8% — +7.0% earnings
Thu Oct 30, 2025Sep/2025 $0.36 $0.31 +16.1% — +1.7% earnings
Thu Jul 31, 2025Jun/2025 $0.44 $0.37 +18.9% — -14.6% earnings
Thu May 1, 2025Mar/2025 $0.14 $0.16 -12.5% — +1.1% earnings
Wed Sep 25, 2024Sep 2024 $-0.26 — — — — financials
Wed Jun 26, 2024Jun 2024 $0.23 — — — — financials
Wed Mar 27, 2024Mar 2024 $0.05 — — — — financials
Wed Sep 27, 2023Sep 2023 $0.19 — — — — financials
Wed Jun 28, 2023Jun 2023 $0.16 — — — — financials
Wed Mar 29, 2023Mar 2023 $-0.04 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Thu Oct 29, 2026Sep/2026OTHER $0.32$0.36 -11.1%

Financials

Income statement (quarterly)

MetricJul 2026Apr 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$418M$367M—$367M$356M$321M—$317M
Cost of revenue————————
Gross profit————————
Operating income$21M$-3M—$19M$22M$3M—$-18M
Net income$16M$-290,000—$13M$17M$4M—$-10M
EPS (diluted)$0.37$-0.01—$0.30$0.41$0.10—$-0.26

Balance sheet (quarterly)

MetricJul 2026Apr 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$308M$314M$360M$358M$337M$313M$321M$311M
Inventory$7M$7M$7M$6M$6M$5M$6M$5M
Total current assets$394M$394M$430M$415M$391M$365M$368M$354M
Total assets$1.95B$1.92B$1.90B$1.83B$1.78B$1.73B$1.70B$1.68B
Long-term debt$248M$248M$248M$247M$247M$247M$247M$246M
Total liabilities$1.38B$1.36B$1.34B$1.29B$1.26B$1.23B$1.20B$1.20B
Total equity$544M$555M$525M$509M$519M$498M$470M$479M

Implied volatility — last 90 days

29%71%113%155%197% Jun 07 — IV 68% · EM ±6.3%Jun 08 — IV 58% · EM ±4.8%Jun 09 — IV 62% · EM ±4.5%Jun 10 — IV 64% · EM ±3.8%Jun 11 — IV 95% · EM ±4.0%Jun 15 — IV 61% · EM ±4.4%Jun 16 — IV 62% · EM ±3.7%Jun 17 — IV 85% · EM ±3.5%Jun 19 — IV 56% · EM ±6.1%Jun 22 — IV 62% · EM ±5.2%Jun 23 — IV 64% · EM ±4.6%Jun 24 — IV 65% · EM ±3.8%Jun 25 — IV 76% · EM ±3.2%Jun 29 — IV 63% · EM ±14.8%Jun 30 — IV 58% · EM ±13.6%Jul 01 — IV 51% · EM ±11.7%Jul 02 — IV 56% · EM ±12.6%Jul 03 — IV 57% · EM ±12.6%Jul 06 — IV 61% · EM ±12.8%Jul 07 — IV 63% · EM ±12.9%Jul 08 — IV 59% · EM ±11.9%Jul 09 — IV 63% · EM ±12.3%Jul 10 — IV 54% · EM ±10.4%Jul 13 — IV 58% · EM ±10.3%Jul 14 — IV 59% · EM ±10.1%Jul 15 — IV 51% · EM ±8.5%Jul 16 — IV 51% · EM ±8.3%Jul 20 — IV 58% · EM ±4.8%Jul 21 — IV 59% · EM ±4.3%Jul 22 — IV 59% · EM ±3.5%Jul 23 — IV 67% · EM ±2.8%Jul 27 — IV 61% · EM ±5.1%Jul 28 — IV 57% · EM ±4.1%Jul 29 — IV 75% · EM ±4.4%Jul 30 — IV 69% · EM ±2.9%Aug 03 — IV 153% · EM ±12.8%Aug 04 — IV 198% · EM ±14.3%Aug 05 — IV 93% · EM ±5.5%Aug 06 — IV 62% · EM ±2.6%Aug 10 — IV 47% · EM ±4.0%Aug 11 — IV 43% · EM ±3.1%Aug 12 — IV 76% · EM ±4.5%Aug 13 — IV 76% · EM ±3.2%Aug 17 — IV 43% · EM ±3.6%Aug 18 — IV 51% · EM ±3.7%Aug 19 — IV 61% · EM ±3.6%Aug 20 — IV 80% · EM ±3.3%Aug 24 — IV 47% · EM ±4.0%Aug 25 — IV 30% · EM ±2.2%Aug 26 — IV 44% · EM ±2.6%Aug 27 — IV 41% · EM ±1.7%Aug 31 — IV 44% · EM ±3.7%Sep 01 — IV 50% · EM ±3.6%Sep 02 — IV 56% · EM ±3.3%Sep 03 — IV 71% · EM ±3.0%Sep 07 — IV 56% · EM ±4.7%Sep 08 — IV 53% · EM ±3.8%Sep 09 — IV 55% · EM ±3.3%Sep 10 — IV 61% · EM ±2.6%Sep 14 — IV 64% · EM ±5.4%Sep 15 — IV 62% · EM ±4.5%Sep 16 — IV 60% · EM ±3.5%Sep 17 — IV 72% · EM ±3.0%Sep 21 — IV 48% · EM ±4.0%Sep 22 — IV 54% · EM ±3.9%Sep 23 — IV 106% · EM ±6.3%Sep 24 — IV 63% · EM ±2.6%Sep 28 — IV 54% · EM ±12.8%Sep 29 — IV 55% · EM ±12.9%Sep 30 — IV 48% · EM ±10.9%Oct 01 — IV 51% · EM ±11.4%Oct 02 — IV 50% · EM ±11.1%Oct 05 — IV 52% · EM ±10.8%Oct 06 — IV 54% · EM ±11.1%Oct 07 — IV 50% · EM ±10.1%Oct 08 — IV 61% · EM ±11.9%

Sector peers

CHA
Chagee Holdings Limited
$2.4B $12.46-0.2%
WING
Wingstop Inc.
$3.2B $120.87-7.2%
ARCO
Arcos Dorados Holdings Inc.
$1.5B $8.02-1.5%
BJRI
BJ's Restaurants, Inc.
$1.3B $58.79-0.5%
BH
Biglari Holdings Inc.
$4.2B $395.33-10.6%
WEN
Wendy's Company (The)
$1.2B $6.57+0.8%

SHAK earnings FAQ

When is SHAK's next earnings date?

Shake Shack, Inc. is expected to report on October 29, 2026.

What is SHAK's expected move for earnings?

Options currently price a move of about ±11.9%, or $8.10 per share either way from $67.88.

How does SHAK stock usually react to earnings?

Across the last 6 reports the average next-day move was ±10.8%, up 4 times and down 2 times.

What EPS are analysts expecting from Shake Shack, Inc.?

The consensus estimate is $0.32 per share, versus $0.36 a year ago.

What is SHAK's implied volatility?

SHAK's at-the-money implied volatility is about 61% based on the latest options snapshot.

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