Shake Shack lowers Q2 and FY2026 guidance citing macroeconomic headwinds

Shake Shack reduced fiscal Q2 2026 revenue guidance to $415-420M from $424-428M and lowered same-shack sales to 2.5-3.0% from 3.0-5.0%, citing macroeconomic uncertainty and competitive pressures. The guidance cuts signal near-term operational challenges, though management maintains confidence in long-term strategy.