Form 8-K
8-K — Shake Shack Inc.
Accession: 0001104659-26-038234
Filed: 2026-04-01
Period: 2026-04-01
CIK: 0001620533
SIC: 5810 (RETAIL-EATING & DRINKING PLACES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — tm2610761d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2610761d1_ex99-1.htm)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
April 1, 2026
Date
of Report (Date of earliest event reported)
SHAKE
SHACK INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-36823
47-1941186
(State
or other jurisdiction of
incorporation
or organization)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
225
Varick Street, Suite 301
New
York, New York
10014
(Address
of principal executive offices)
(Zip
Code)
(646)
747-7200
(Registrant's
telephone number, including area code)
Not applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
¨
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act
Title of each class
Trading symbol(s)
Name of each exchange on which
registered
Class A Common Stock, par value $0.001
SHAK
New
York Stock Exchange
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ¨
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 new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 7.01 Regulation FD Disclosure.
On April 1, 2026, Shake Shack Inc. (the “Company”)
issued a press release announcing Project Catalyst, the Company’s comprehensive technology initiative, and reiterating the Company’s
previously issued guidance. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and shall
not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference
in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
99.1
Press Release dated April 1, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Shake Shack Inc.
(Registrant)
Dated: April 1, 2026
By:
/s/ Alison Sternberg
Alison Sternberg
Head of Investor Relations
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2610761d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Shake Shack Introduces Project Catalyst to
Scale
Core Technology, AI, and Digital Capabilities
On Road To 1,500 Company-Operated Shacks
Technology strategy will improve core systems,
enhance AI capabilities, and launch the brand’s first-ever loyalty platform to support the next phase of growth and deliver Enlightened
Hospitality at scale
The Company Reiterates First Quarter and Fiscal
Year 2026 Guidance
NEW YORK, April 1, 2026 – Shake
Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced Project Catalyst, a comprehensive technology
initiative to scale its digital, data, and operational platforms as the Company expands to 1,500 Company-operated Shacks.
Grounded in Shake Shack’s commitment to
Enlightened Hospitality, Project Catalyst focuses on modernizing restaurant systems, launching the brand’s first loyalty platform,
expanding AI capabilities, and advancing its data foundation to improve operational efficiency, deepen guest engagement, and unlock enterprise
productivity.
“Shake Shack
is entering a significant phase of growth and building the right foundation to support that scale
is a top priority,” said Rob Lynch, Chief Executive Officer of Shake Shack. “Project Catalyst
strengthens the technology and digital capabilities that power our restaurants and connect us more meaningfully with our guests. These
investments will help our teams operate more efficiently, enhance the guest experience, and position Shake Shack to scale successfully
toward 1,500 Company-operated Shacks.”
Key Elements of Project Catalyst
Modern POS and Kitchen Display Systems
Shake Shack has engaged Qu, a cloud-native unified
commerce platform built for fast-growing restaurant brands, to evolve its POS and Kitchen Display Systems and improve throughput, accuracy,
and operational execution. Enhanced kitchen orchestration and seamless ordering across digital and in-Shack channels streamline operations
and elevate consistency across every guest interaction. Qu’s proprietary in-store cloud and edge computing solution, Qube®,
enables faster, more precise service, particularly during peak demand, while empowering team members to stay focused on delivering Shake
Shack’s signature hospitality.
Shake Shack’s First Loyalty Platform
Shake Shack is developing its first loyalty platform,
a modern guest engagement solution designed to strengthen guest relationships, drive frequency, and reach new guests looking for enhanced
experiences and hospitality.
The platform will integrate across POS and digital
channels to enable more personalized communication and experiences, allowing Shake Shack to advance its promotional strategy toward deeper
engagement that drives retention, frequency, and long-term guest value.
Expanded AI Capabilities
Shake Shack is bringing to life a new generation
of proprietary AI capabilities to enhance restaurant operations, elevate guest engagement, and drive enterprise productivity, with significantly
more innovation planned over time.
These capabilities are focused on delivering
real-time operational insights, enabling faster and more informed decision-making, and providing intelligent support to restaurant operators
and support teams. By embedding AI into daily workflows, Shake Shack is enabling teams to better understand performance, identify opportunities,
and act with greater speed and precision.
At the center of this vision is an intelligent
operating layer for every Shack, surfacing proactive insights, alerts, and recommendations that help operators run great restaurants every
day.
Together, these capabilities form the foundation
of Shake Shack’s AI roadmap, with continued expansion planned to unlock new efficiencies, accelerate decision-making, and further
personalize the guest experience at scale.
Data & Insight Platforms
Project Catalyst advances Shake Shack’s
data foundation, enabling faster, more consistent access to actionable insights across the business.
By bringing together operational data, guest
behavior, and advanced analytics, Shake Shack is creating a unified view of performance that supports better decision-making at every
level of the organization. These capabilities will enable more personalized guest experiences, improved service speed and accuracy, and
stronger operational execution across the system.
This foundation will also serve as the backbone
for Shake Shack’s expanding AI capabilities, with continued investment to unlock deeper insights, automation, and scale.
“As Shake Shack continues to grow, we’re
building a technology platform designed to scale with the business,” said Justin Mennen, Chief Information and Technology Officer
of Shake Shack. “Project Catalyst brings together modern restaurant systems, advanced data platforms, and AI-driven capabilities
that help our teams operate more efficiently and make faster decisions. By connecting our POS, digital, loyalty, and AI capabilities into
one ecosystem, we’re creating the foundation to deliver Enlightened Hospitality at scale.”
Financial Outlook
In conjunction with this announcement, the Company
is reiterating its First Quarter and Fiscal Year 2026 guidance along with its Three-Year Financial Targets provided in its Q4 2025
Shake Shack Shareholder Letter. The Company’s stated guidance incorporates the planned impacts and encompassing technology
initiatives associated with Project Catalyst.
About Shake Shack
Shake Shack serves elevated
versions of American classics using only the best ingredients. It’s known for its delicious made-to-order Angus beef burgers, crispy
chicken, hand-spun milkshakes, house-made lemonades, beer, wine, and more. With its high-quality food at a great value, warm hospitality,
and a commitment to crafting uplifting experiences, Shake Shack quickly became a cult-brand with widespread appeal. Shake Shack’s
purpose is to Stand For Something Good®, from its premium ingredients and employee development, to its inspiring designs and deep
community investment. Since the original Shack opened in 2004 in NYC’s Madison Square Park, the Company has expanded to over 670
locations system-wide, including close to 430 in 35 U.S. States and the District of Columbia, and over 240 international locations across
London, Hong Kong, Shanghai, Singapore, Mexico City, Istanbul, Dubai, Tokyo, Seoul and more.
Skip the line with the Shack
App, a mobile ordering app that lets you save time by ordering ahead! Guests can select their location, pick their food, choose a
pickup time and their meal will be cooked-to-order and timed to arrival. Available on iOS and Android.
Learn more: shakeshack.com
| IG: @shakeshack | X: @shakeshack | facebook.com/shakeshack
Cautionary Statements
This press release contains forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to known and unknown risks, uncertainties
and other important factors that may cause actual results to be materially different from the statements made herein. All statements other
than statements of historical fact included herein are forward-looking statements, including, but not limited to, statements about the
implementation and outcome of our technology initiatives and the guidance provided for the first quarter of 2026 and the full 2026 fiscal
year and the Company’s three-year financial targets for fiscal years 2025 through 2027.
All forward-looking statements are expressly
qualified in their entirety by these cautionary statements. Some of the factors which could cause the outcome of these forward-looking
statements or results to differ materially from the Company’s expectations include the Company’s ability to develop and open
new Shacks on a timely basis, increased costs or shortages or interruptions in the supply and delivery of our products, increased labor
costs or shortages, inflationary pressures, the impact of tariffs, the impact of Shack closures, the Company’s management of its
digital capabilities and expansion into new channels, as well as its kiosk, drive-thru and multiple format investments, the risks associated
with the implementation of Project Catalyst, including the Company’s ability to deploy new point-of-sale, kitchen display, and loyalty
systems on the anticipated timeline and within projected cost parameters, the risk that third-party technology vendors fail to perform,
scale, or deliver contracted services, the risk that the Company’s AI capabilities do not perform as intended or fail to deliver
expected operational efficiencies, data privacy, cybersecurity, or regulatory risks arising from the collection and processing of guest
and operational data, and the risk that the Company is unable to integrate its POS, digital, loyalty, and AI capabilities into its business,
the Company’s ability to maintain and grow sales at its existing Shacks, and risks relating to the restaurant industry generally.
You should evaluate all forward-looking statements made herein in the context of the risks and uncertainties disclosed in the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31, 2025 as filed with the Securities and Exchange Commission.
Media:
Meg Davis, Shake Shack
mcastranova@shakeshack.com
Investor Relations:
Alison Sternberg, Shake Shack
Head of Investor Relations
(844) SHACK-04 (844-742-2504)
investor@shakeshack.com
Source: Shake Shack Inc.
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