shake shack® is a modern day “roadside” burger stand known for its all-natural burgers, flat-top dogs, frozen custard, beer, wine and more. with its fresh and simple, high-quality food at a great value, shake shack is a fun and lively community-gathering place with widespread appeal. from its ingredients and employment practices to its environmental responsibility, design and community investment, shake shack’s mission is to continually stand for something good®. shake shack sprouted from danny meyer’s union square hospitality group (ushg), which includes many of new york city’s most celebrated restaurants: union square cafe, gramercy tavern, the modern, among others. since the original shake shack opened in 2004 in nyc’s madison square park, with now 50 locations in the us and abroad. are you are a leader who wants to train future leaders? an avid learner with a curious intelligence who’s looking to grow? most importantly, do you embody warm hospitality and a genuine concern for o
Company profile
Ticker
SHAK
Exchange
Website
CEO
Randall Garutti
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
SSE Holdings, LLC • Shake Shack Enterprises, LLC • Shake Shack Enterprises International, LLC • SSE IP, LLC • Shake Shack Domestic Licensing LLC • Shake Shack Mobile LLC • Shake Shack Texas Management Company LLC • Shake Shack Texas Holding Company LLC • Shake Shack Texas Beverage Company LLC ...
SHAK stock data
Latest filings (excl ownership)
8-K
Shake Shack Names Rob Lynch as Chief Executive Officer
21 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
NT 10-K
Notice of late annual filing
26 Feb 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
26 Feb 24
8-K
Shake Shack Announces Fourth Quarter and Fiscal Year 2023 Financial Results
15 Feb 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
15 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
8-K
Departure of Directors or Certain Officers
26 Jan 24
8-K
Departure of Directors or Certain Officers
11 Dec 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
Transcripts
SHAK
Earnings call transcript
2023 Q4
15 Feb 24
SHAK
Earnings call transcript
2023 Q3
2 Nov 23
SHAK
Earnings call transcript
2023 Q2
3 Aug 23
SHAK
Earnings call transcript
2023 Q1
4 May 23
SHAK
Earnings call transcript
2022 Q4
16 Feb 23
SHAK
Earnings call transcript
2022 Q3
3 Nov 22
SHAK
Earnings call transcript
2022 Q2
4 Aug 22
SHAK
Earnings call transcript
2022 Q1
6 May 22
SHAK
Earnings call transcript
2021 Q4
18 Feb 22
SHAK
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
4
Jeffrey Flug
6 Mar 24
4
Katherine Irene Fogertey
5 Mar 24
4
Daniel Harris Meyer
5 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
4
Daniel Harris Meyer
27 Feb 24
4
RANDALL J GARUTTI
26 Feb 24
4
Jeffrey Flug
20 Feb 24
4
Daniel Harris Meyer
20 Feb 24
144
Notice of proposed sale of securities
15 Feb 24
144
Notice of proposed sale of securities
15 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 190.02 mm | 190.02 mm | 190.02 mm | 190.02 mm | 190.02 mm | 190.02 mm |
Cash burn (monthly) | 4.56 mm | 5.58 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 27.68 mm | 33.89 mm | n/a | n/a | n/a | n/a |
Cash remaining | 162.34 mm | 156.13 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 35.6 | 28.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 299 |
Opened positions | 54 |
Closed positions | 47 |
Increased positions | 85 |
Reduced positions | 94 |
13F shares | Current |
---|---|
Total value | 2.03 tn |
Total shares | 40.82 mm |
Total puts | 1.38 mm |
Total calls | 730.30 k |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.66 mm | $328.87 bn |
Vanguard | 4.49 mm | $260.49 bn |
Meyer Daniel Harris | 3.17 mm | $222.60 mm |
Green Equity Investors VI | 2.31 mm | $122.72 mm |
Gilder Gagnon Howe & Co | 1.72 mm | $100.00 bn |
12 West Capital Management | 1.66 mm | $96.37 bn |
Engaged Capital | 1.37 mm | $79.40 bn |
STT State Street | 1.33 mm | $76.99 bn |
Marshall Wace | 1.30 mm | $75.68 bn |
IVZ Invesco | 1.18 mm | $68.54 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Mar 24 | Flug Jeffrey | CLASS A COMMON STOCK | Sell | Dispose S | No | Yes | 108.0463 | 304 | 32.85 k | 4,058 |
1 Mar 24 | Katherine Irene Fogertey | CLASS A COMMON STOCK | Payment of exercise | Dispose F | No | No | 107.25 | 924 | 99.10 k | 40,664 |
1 Mar 24 | Katherine Irene Fogertey | CLASS A COMMON STOCK | Payment of exercise | Dispose F | No | No | 107.25 | 932 | 99.96 k | 41,588 |
1 Mar 24 | Katherine Irene Fogertey | CLASS A COMMON STOCK | Grant | Acquire A | No | No | 0 | 3,497 | 0.00 | 42,520 |
1 Mar 24 | Meyer Daniel Harris | Class A Common Stock, par value $0.001 per share | Sell | Dispose S | Yes | Yes | 106.5152 | 28,900 | 3.08 mm | 480,437 |
1 Mar 24 | Meyer Daniel Harris | Class A Common Stock, par value $0.001 per share | Sell | Dispose S | Yes | Yes | 105.8865 | 11,100 | 1.18 mm | 509,337 |
26 Feb 24 | Meyer Daniel Harris | Class A Common Stock, par value $0.001 per share | Sell | Dispose S | Yes | Yes | 100.0791 | 6,034 | 603.88 k | 520,437 |
23 Feb 24 | Meyer Daniel Harris | Class A Common Stock, par value $0.001 per share | Sell | Dispose S | Yes | Yes | 100.1259 | 23,966 | 2.40 mm | 526,471 |
22 Feb 24 | Garutti Randall J | CLASS B COMMON STOCK | Gift | Dispose G | No | No | 0 | 16,500 | 0.00 | 237,551 |
22 Feb 24 | Garutti Randall J | Common Membership Interests CLASS A COMMON STOCK | Gift | Dispose G | No | No | 0 | 16,500 | 0.00 | 237,551 |
News
This Analyst With 85% Accuracy Rate Sees Around 23% Upside In Micron Technology - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
25 Mar 24
Oppenheimer Maintains Outperform on Shake Shack, Raises Price Target to $120
22 Mar 24
Analyst Expectations For Shake Shack's Future
21 Mar 24
TD Cowen Reiterates Outperform on Shake Shack, Maintains $125 Price Target
21 Mar 24
Shake Shack Taps Papa John's Top Executive As New CEO
21 Mar 24
Press releases
Shake Shack to Participate at the UBS Global Consumer and Retail Conference on March 14, 2024
12 Mar 24
Thinking about trading options or stock in NVIDIA, Shake Shack, Advanced Micro Devices, Crowdstrike Holdings, or MicroStrategy?
6 Mar 24
Shake Shack Announces Fourth Quarter and Fiscal Year 2023 Financial Results
15 Feb 24
Shake Shack to Announce Fourth Quarter 2023 Financial Results on February 15, 2024
25 Jan 24