Shake Shack posted Q2 2026 net income of $16.88 million, down 8.66% year-over-year; diluted EPS fell to $0.37.
Revenue climbed 17.2% to $417.62 million; operating income slipped 7.27% to $20.75 million.
Restaurant-level profit margin narrowed 0.9 percentage point to 23% of Shack sales, citing record-high beef costs.
Sales trends and outlook
Same-Shack sales rose 3.5%, including 2% positive traffic; system-wide sales increased 13.8% to $625.8 million.
Maintained FY 2026 outlook for revenue of $1.6 billion-$1.7 billion, same-Shack sales up low-single-digits, and adjusted EBITDA of $225 million-$235 million.
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