Shake Shack
Shake Shack is a publicly traded fast-casual restaurant chain (NYSE: SHAK) operating approximately 390 company-operated locations across more than 15 countries, serving higher-income urban and value-conscious middle-income consumers with premium burgers, chicken, custard shakes, and limited-time offerings via dine-in, drive-thru, Shack App, and catering channels.
- Company typePublic
- Founded2004
- HeadquartersNew York, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Shake Shack does
Shake Shack Inc. (NYSE: SHAK) operates a global fast-casual restaurant chain founded in 2004 in New York's Madison Square Park, with approximately 390 company-operated locations across more than 15 countries including the US, UK, Japan, South Korea, China, Hong Kong, Singapore, UAE, Kuwait, Saudi Arabia, Turkey, Mexico, Bahrain, and Canada. Its core menu centers on the ShackBurger (100% Angus beef with no added hormones or antibiotics), chicken sandwiches (Chicken Shack), flat-top Vienna Beef hot dogs, house-made frozen custard shakes, crinkle-cut fries, and rotating limited-time offers, anchored by lifestyle-positioned attributes like "Good Fit" lettuce wraps. The company runs its consumer brand through a stack that includes the Shack App (mobile ordering, promo codes), in-Shack self-service kiosks, cloud-native POS via Qu, a forthcoming loyalty platform with PAR Punchh, AI-powered operational insights via Project Catalyst, and a Blink-powered workforce management layer; digital channels currently generate 39.1% of total sales.
The revenue model is primarily transaction-based: company-operated restaurant sales account for the dominant share, supplemented by catering for events with 15+ attendees, gift card sales (including bulk corporate purchases), and a community Donation Day program donating 25% of designated-day sales to 501(c)(3) organizations. Standard menu items price between $3.50 and $15 for burgers, $6-$15 for shakes, with a value tier at $1-$3-$5 in-app items, and premium limited-time offerings above that. The company pursues a horizontal customer segmentation across higher-income urban consumers and value-conscious middle-income diners, with secondary catering and nonprofit segments.
Geographic expansion currently targets an increase from approximately 390 to 1,500 company-operated Shacks long-term, with 55-60 new locations planned for 2026 (up from 45 in 2025) at sub-$2M build costs, expanded via Calgary in Western Canada, a first Canadian drive-thru, continued Korea growth, and event/venue tie-ups including airports, stadiums, and the Shack Truck food truck. Distribution spans mall, standalone, airport, stadium, and drive-thru formats. The company is publicly incorporated in Delaware and trades on the NYSE under SHAK; leadership includes CEO Rob Lynch (joined 2024), CFO Michelle Hook (joined May 2025, ex-Portillo's and Domino's), Chief Growth Officer Steph So, COO Stephanie Sentel, and a newly expanded nine-member board with independent director Christiane Pendarvis (effective July 2, 2026).
Shake Shack firmographics
Firmographics- Name
- Shake Shack
- Legal name
- Shake Shack Inc.
- Website
- https://shakeshack.com
- Company type
- Public
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Shake Shack is a publicly traded fast-casual restaurant chain (NYSE: SHAK) operating approximately 390 company-operated locations across more than 15 countries, serving higher-income urban and value-conscious middle-income consumers with premium burgers, chicken, custard shakes, and limited-time offerings via dine-in, drive-thru, Shack App, and catering channels.
- Ownership category
- akta.pro rank
Shake Shack industry classification
Industry- Product category
- Fast-Casual Restaurants
- NAICS
- Limited-Service Restaurants (722513), Caterers (722320), Mobile Food Services (72233)
- akta.pro primary industry
- Burger Fast Casual (THAFABAA)
- akta.pro secondary industry
- Mobile / On-Site Catering (Food Trucks for Events, Pop-Ups) (THAFAIAJ)
Keywords
Where Shake Shack is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices15 records
Markets served
Shake Shack business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Company-Operated Restaurant Sales: Core revenue from company-operated Shake Shack locations generating sales from food and beverage items including burgers, chicken, shakes, and sides. Transaction-based model with per-item pricing.
- Catering Services: Large order catering for events with 15+ attendees, providing bulk servings of menu items for business events, parties, and gatherings.
- Gift Cards: E-gift cards with instant email delivery and bulk corporate gift card purchasing options.
- Donation Day Fundraising: Community partnership program where 25% of sales on designated days support schools and 501(c)(3) nonprofit organizations, building community goodwill.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Value Menu - In-app promotional pricing |
| Unit Pricing | Pay-as-you-go | Standard Menu Items |
| Other | Pay-as-you-go | Chicken Sundays Promotion |
| Unit Pricing | Pay-as-you-go | Large Orders / Catering |
Go-to-market motion3 records
Distribution channels8 records
Marketing channels7 records
Shake Shack product offering
Product offeringCore offering
Shake Shack operates a fast-casual restaurant chain selling premium burgers, chicken sandwiches, hot dogs, crinkle-cut fries, frozen custard shakes, beer, and wine through company-operated locations. The company runs 390+ Shacks globally across 15+ countries, with digital ordering through the Shack App and in-kiosk systems driving 39.1% of sales. Beyond dine-in, Shake Shack offers catering for events of 15+ attendees, gift cards, and limited-time menu launches.
Product overview
Shake Shack is a fast-casual restaurant chain offering a unified consumer product across burgers, chicken sandwiches, flat-top dogs, shakes, and sides, with a core portfolio anchored by signature items like the ShackBurger and Chicken Shack. The company operates through physical restaurant locations, its Shack App for digital ordering, and Shack Truck food truck services. Recent additions to the portfolio include limited-time offerings (Dubai Chocolate Pistachio Shake, Smoky BBQ Menu, Clubhouse Pimento Cheese) and lifestyle-oriented Good Fit options. Underlying the consumer-facing products is Project Catalyst, a technology initiative integrating Qu for POS modernization, PAR Punchh for a new loyalty platform launching in 2026, and AI-powered operational tools to support the company's goal of expanding to 1,500 company-operated locations.
Differentiator
Problem solved
Functional benefit
Brands
- Shack Truck: Mobile food truck for events and catering appearances
- ShackBurger
- Shack App
- Shack Store
Products and services
- ShackBurger Quarter-pound 100% Angus beef burger with American cheese, lettuce, tomato, and ShackSauce on a toasted potato bun. The flagship menu item representing the brand's core offering.
- Chicken Shack Antibiotic-free, hand-breaded white-meat chicken breast with lettuce, pickles, and buttermilk herb mayo on a toasted potato bun. A signature alternative protein option.
- SmokeShack Quarter-pound Angus beef burger with American cheese, applewood-smoked bacon, chopped cherry peppers, and ShackSauce on a toasted potato bun.
- Veggie Shack Vegetarian burger patty packed with mushrooms, sweet potatoes, carrots, farro, and quinoa, topped with American cheese, crispy onions, pickles, and ShackSauce on a toasted potato bun.
- Flat-Top Dogs 100% beef hot dogs from Vienna Beef in Chicago, split and griddled crisp. Available in Hot Dog, Cheese Dog, Crispy Onion Cheese Dog, and Bacon Cheese Dog varieties.
- Dubai Chocolate Pistachio Shake Limited-time shake featuring real pistachio frozen custard blended with toasted kataifi shredded phyllo, coated in a crackable dark chocolate shell. Viral item re-released for nationwide availability after April 2025 success.
- Smoky BBQ Menu Seasonal BBQ menu including BBQ Boneless Baby Back Rib Sandwich and Smoky Classic BBQ Burger featuring saucy burgers, tangy chicken, and glazed ribs.
- Clubhouse Pimento Cheese Menu Limited-time menu nationwide featuring a burger and chicken sandwich with pimento cheese spread, alongside chicken bites with pimento cheese side. Inspired by famous pimento cheese sandwiches sold at the Masters golf tournament in Augusta.
- Value Menu Value-focused in-app menu offering items in the $1-$3-$5 price range to drive traffic amid choppy macroeconomic backdrop.
- Loyalty Program First formal loyalty platform integrating ordering across digital and in-store channels. Being built in partnership with PAR Punchh.
- Shack App Mobile application for ordering ahead for pickup or delivery, accessing exclusive offers, and managing loyalty rewards.
- Catering/Large Orders Bulk ordering service for events with 15+ attendees. Menu includes ShackBurger Box, Chicken Shack Box, Veggie Shack Box, and Crinkle Cut Box options serving 12 people each.
- Gift Cards E-gift cards with instant email delivery and bulk purchase options for teams or offices. Available in various denominations.
- Shack Truck Mobile food truck service for events, appearing at locations including Calgary Stampede. Serves regular menu items plus location-specific offerings like the Cowtown Burger with Alberta Angus beef.
- Good Fit Menu Lifestyle-focused menu with lower-calorie and alternative diet options including lettuce wraps and gluten-free buns for ShackBurger, SmokeShack, Chicken Shack, and Veggie Shack items.
Quantifiable outcome
- 21 consecutive quarters of positive same-Shack sales growth
- +3 more outcomes
Companies that use Shake Shack
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Shake Shack technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature4 records
Shake Shack partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- BlinkcoreGlobal partnership with Boston-based employee experience platform providing mobile-first workforce communication, shift management, and engagement tools. Blink raised $17M from Enlightened Hospitality Investments (Danny Meyer's EHI) and will use funds to expand product and engineering teams and develop AI workforce insights platform (Blink IQ).
- NY LibertyminorMarketing partnership celebrating NY Liberty's 30 seasons with limited-edition Liberty Cake Shake product launch.
- Local Alberta Producers (Beretta Farms, Pie Junkie, Prairie Berries, Burwood Distillery)minorLocal supplier partnerships for Calgary location featuring Alberta-exclusive menu items with portion of sales supporting Alberta Children's Hospital Foundation.
- Mason Howell (U.S. Amateur Champion)minorTwo-year sponsorship deal with reigning U.S. Amateur champion; first long-term athlete partnership for Shake Shack with logo placement at 2026 Masters tournament.
- IBMminorPartnership for 'Masters at Madison Square Park' immersive viewing experience in NYC featuring Masters tournament coverage and Shake Shack food offerings; continuation of IBM's 30-year Masters partnership.
- PAR PunchhcorePartnership to launch first integrated loyalty platform integrating ordering across digital and in-store channels as part of Project Catalyst technology initiative.
- QucoreCloud-native unified commerce provider engaged to evolve point-of-sale and kitchen display systems as part of Project Catalyst technology modernization.
Scale indicators11 records
Recent moves10 records
Expansion highlights7 records
Shake Shack competitors and assessment
Company assessmentRegional players
- In-N-Out Burger: In-N-Out is a privately held West Coast premium burger chain with comparable brand devotion, quality positioning, and counter-service model. Comparable as a regional premium-burger incumbent whose limited geographic footprint mirrors Shake Shack's denser urban-store mix.
- Whataburger: Whataburger is a large regional burger chain with strong brand equity and growing national expansion. Comparable as a regional premium-burger peer pushing into new U.S. geographies via franchise and company-operated units.
Emerging players
- Cava Group: Cava is a fast-casual Mediterranean chain at a similar growth and digital-adoption stage as Shake Shack's recent trajectory. Useful comparable on tech-enabled unit economics, same-store sales, and public-market reception for a high-growth fast-casual concept.
- Sweetgreen: Sweetgreen is a digitally native fast-casual chain with strong mobile ordering penetration, an in-kiosk/own-technology strategy, and an emphasis on premium ingredients. Closest peer on technology-led GTM motion and digital sales mix trajectory.
Broad incumbents
- Restaurant Brands International (Burger King): Burger King (RBI) competes in the same burger category as Shake Shack with a global footprint, drive-thru-heavy real estate, and active digital/loyalty investment (Royal Perks). Comparable internationally, particularly in shared markets like U.K. and Middle East.
- McDonald's Corporation: McDonald's is the dominant global QSR incumbent with overlapping burger menu items, a mature loyalty platform (MyMcDonald's Rewards), and a value-menu push that directly pressures Shake Shack's mid-priced positioning in shared trade areas.
- Wendy's Company: Wendy's is a major U.S. QSR burger incumbent with a long-running loyalty program and aggressive value-tier menu that competes for Shake Shack's middle-income customer segment. Useful benchmark for digital loyalty maturation and value-tier dynamics.
Direct peers
- Five Guys Enterprises: Five Guys is the closest direct competitor to Shake Shack in the premium fast-casual burger category, with similar counter-service model, hand-formed burgers, and footprint concentrated in dense U.S. markets. Both compete for the same higher-income, quality-conscious consumer.
- Chipotle Mexican Grill: Chipotle is the category-defining fast-casual chain, serving a similar premium-but-accessible positioning with counter service, digital ordering, and a loyalty program. Comparable GTM (mobile/kiosk/digital mix), tech stack depth, and unit growth narrative.
- Portillo's: Portillo's is a U.S. fast-casual burger and Italian chain that shares Shake Shack's premium counter-service model, IPO-disclosed margins, and similar recent public-market challenges. Direct operational and financial comparability for a public-market peer set.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Shake Shack social profiles
Digital presenceShake Shack financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shake Shack leadership team
Management profileNumber of profiles
Profiles4 records
Shake Shack funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shake Shack M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shake Shack
What does Shake Shack do?
Shake Shack operates a fast-casual restaurant chain selling premium burgers, chicken sandwiches, hot dogs, crinkle-cut fries, frozen custard shakes, beer, and wine through company-operated locations. The company runs 390+ Shacks globally across 15+ countries, with digital ordering through the Shack App and in-kiosk systems driving 39.1% of sales. Beyond dine-in, Shake Shack offers catering for events of 15+ attendees, gift cards, and limited-time menu launches.
Is Shake Shack a public or private company?
Shake Shack is a public company. It is classified as public and is currently operating.
When was Shake Shack founded?
Shake Shack was founded in 2004. It employs 5,001 to 10,000 people.
Where is Shake Shack based?
Shake Shack is headquartered in New York, United States, in the North America region.
How does Shake Shack make money?
Four revenue lines are on record. Company-Operated Restaurant Sales are the primary driver. The others are catering Services, gift Cards and donation Day Fundraising.
Who are Shake Shack's main competitors?
Regional players on record are In-N-Out Burger and Whataburger. Emerging players are Cava Group and Sweetgreen. Broad incumbents are Restaurant Brands International (Burger King), McDonald's Corporation and Wendy's Company. Direct peers are Five Guys Enterprises, Chipotle Mexican Grill and Portillo's.
Does Shake Shack have an API?
No public API is recorded for Shake Shack.
What industry is Shake Shack in?
Shake Shack's product category is Fast-Casual Restaurants. Its primary akta.pro industry code is THAFABAA, Burger Fast Casual, with a secondary code of THAFAIAJ, Mobile / On-Site Catering (Food Trucks for Events, Pop-Ups). Its NAICS code is 722513.