Shake Shack Swings to Loss on Higher Costs

Dow Jones

May 07

By Nicholas G. Miller

Shake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs.

The company posted a loss of $290,000 or 1 cent a share, compared with a profit of $4.25 million, or 10 cents a share, the year prior.

Adjusted earnings were 0 cents a share. Analysts polled by FactSet expected 12 cents a share.

Revenue rose 14% to $366.7 million. Wall Street expected $372.4 million.

Same-store sales grew 4.6% compared with analysts' expectations of 4.7%.

General and administrative expenses rose to $54 million from $41 million in the year-ago quarter, reflecting investments in marketing, technology and employees.

Beef costs rose by a low-teens percentage while unfavorable weather also cut into profit. Despite this, the company's underlying sales and traffic momentum remained strong, Chief Executive Officer Rob Lynch said.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

May 07, 2026 07:25 ET (11:25 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/SHAK\">Shake Shack</a> reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs. \n</p>\n<p>\n  The company posted a loss of $290,000 or 1 cent a share, compared with a profit of $4.25 million, or 10 cents a share, the year prior. \n</p>\n<p>\n  Adjusted earnings were 0 cents a share. Analysts polled by FactSet expected 12 cents a share. \n</p>\n<p>\n  Revenue rose 14% to $366.7 million. Wall Street expected $372.4 million. \n</p>\n<p>\n  Same-store sales grew 4.6% compared with analysts' expectations of 4.7%. \n</p>\n<p>\n  General and administrative expenses rose to $54 million from $41 million in the year-ago quarter, reflecting investments in marketing, technology and employees. \n</p>\n<p>\n  Beef costs rose by a low-teens percentage while unfavorable weather also cut into profit. Despite this, the company's underlying sales and traffic momentum remained strong, Chief Executive Officer Rob Lynch said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2026 07:25 ET (11:25 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4209","symbol_name":"餐馆","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633146430","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633146430","pubTimestamp":1778153100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs.The company posted a loss of $290,000 or 1 cent a share, compared with a profit of $4.25 million, or 10 cents a share, the year prior.Adjusted earnings were 0 cents a share. 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Miller \n\n\n \n\n\nShake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs. \n\n\n  The company posted a loss of $290,000 or 1 cent a share, compared with a profit of $4.25 million, or 10 cents a share, the year prior. \n\n\n  Adjusted earnings were 0 cents a share. Analysts polled by FactSet expected 12 cents a share. \n\n\n  Revenue rose 14% to $366.7 million. Wall Street expected $372.4 million. \n\n\n  Same-store sales grew 4.6% compared with analysts' expectations of 4.7%. \n\n\n  General and administrative expenses rose to $54 million from $41 million in the year-ago quarter, reflecting investments in marketing, technology and employees. \n\n\n  Beef costs rose by a low-teens percentage while unfavorable weather also cut into profit. Despite this, the company's underlying sales and traffic momentum remained strong, Chief Executive Officer Rob Lynch said. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2026 07:25 ET (11:25 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}