Shake Shack Inc-A 2026年季度报告

FORM 10-Q (Mark One) ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended July1, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _______ to ______Commission file number:001-36823 SHAKE SHACK INC. (Exact name of registrant as specified in its charter) 47-1941186 Delaware (State or other jurisdiction ofincorporation or organization) (IRS EmployerIdentification No.) 225 Varick StreetSuite 301New York, New York(Address of principal executive offices) (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Trading symbol(s)SHAK Name of each exchange on which registeredNew York Stock Exchange Class A Common Stock, par value $0.001 Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days. Yes☑No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule-405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).YesNoIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growthcompany" in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☐Emerging growth company☐ Large Accelerated Filer☑Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of July29, 2026, there were40,408,149 shares of Class A common stock outstanding and 2,390,789 shares of Class B common stock outstanding. SHAKE SHACK INC.TABLE OF CONTENTS Cautionary Note Regarding Forward-Looking Information1 Part I — Financial Information Item 1.Financial Statements (Unaudited)2Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations26Item 3.Quantitative and Qualitative Disclosures About Market Risk41Item 4.Controls and Procedures41 Part II — Other Information43 Item 1.Legal Proceedings43Item 1A.Risk Factors43Item 2.Unregistered Sales of Equity Securities and Use of Proceeds43Item 3.Defaults Upon Senior Securities43Item 5.Other Information43Item 6.Exhibits44 Cautionary Note Regarding Forward-LookingInformation This Quarterly Report on Form 10-Q ("Form 10-Q") contains forward-looking statements, within the meaning of the PrivateSecurities Litigation Reform Act of 1995, which are subject to known and unknown risks, uncertainties and other importantfactors that may cause actual results to be materially different from the statements made herein. All statements other thanstatements of historical fact included in this Form 10-Q are forward-looking statements, including, but not limited to,statements about our growth, including our long-term growth goals, strategic priorities and initiatives, and liquidity.Forward-looking statements discuss our current expectations, targets and projections relating to our financial position,results of operations, plans, objectives, future performance and business. You can identify forward-looking statements bythe fact that they do not relate strictly to historical or current facts. These statements may include words such as "aim,""anticipate,""believe,""estimate,""expect,""forecast,""future,""intend,""likely,""outlook,""potential,""preliminary,""project," "projection," "plan," "seek," "target," "may," "could," "would," "will," "should," "can," "can have," the negativesthereof and other similar expressions. Forward-looking statements reflect our current views with respect to future events and are based on certain assumptionsand are subject to risks and uncertainties that could cause our actual results to differ materially from trends, plans, orexpectations set forth in the forward-looking statements, as set forth in this Form 10-Q. All forward-looking statements areexpressly qualified in their entirety by these cautionary statements. Some of the factors which could cause results to differmaterially from our expectations include our ability to develop and open new Shacks on a timely basis, increased costs orshortages or interruptions in the supply and delivery of products, increased labor costs or shortages, inflationarypressures,