NEW YORK CITY, NY / ACCESS Newswire / May 14, 2026 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Shake Shack, Inc. ("Shake Shack" or "the Company") (NYSE:SHAK). Investors who purchased Shake Shack securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SHAK.
Shake Shack Investigation Details
On May 7, 2026, Shake Shack reported its financial results for the first quarter of 2026. Among other items, Shake Shack disclosed an operating loss of $2.6 million, compared to operating income of $2.8 million in the prior-year period, and a net loss of $0.3 million, compared to net income of $4.5 million in the prior-year period. The Company further disclosed adjusted EBITDA of $37.0 million, down 9.3% versus the prior-year period. In addition, Shake Shack disclosed that restaurant-level margins came in "slightly below" expectations due to higher other operating expenses. The Company reported that other operating expenses were 16.2% of Shack sales, up 60 basis points year-over-year, and that food and paper costs were 28.3% of Shack sales, up 50 basis points year-over-year, with beef costs up by low-teens percentages. Shake Shack also disclosed that general and administrative expenses were $53.6 million, or 14.6% of total revenue, 190 basis points higher than last year, and that pre-opening costs were $6.9 million. Shake Shack further provided fiscal year 2026 adjusted EBITDA guidance in the range of $230 million to $245 million and stated that its outlook factors in "a degree of pressure on the consumer spending landscape and ongoing inflationary headwinds." Following this news, Shake Shack's stock price fell $27.28 per share, or 28.26%, to close at $69.24 per share on May 7, 2026.
What's Next for Shake Shack Investors?
If you are aware of any facts relating to this investigation or purchased Shake Shack securities, you can assist this investigation by visiting the firm's site: bgandg.com/SHAK. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911
No Cost to Shake Shack Investors
We, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Shake Shack Securities Investigation?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | info@bgandg.com
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Prior results do not guarantee similar outcomes.
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View the original press release on ACCESS Newswire
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