# Shake Shack Inc. (SHAK) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Shake Shack Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/SHAK/mda/fy2025/): filed 2026-02-26; accession 0001620533-26-000018 (https://www.sec.gov/Archives/edgar/data/1620533/000162053326000018/shak-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/SHAK/mda/fy2024/): filed 2025-02-21; accession 0001620533-25-000016 (https://www.sec.gov/Archives/edgar/data/1620533/000162053325000016/shak-20241225.htm)
- [FY 2023 MD&A](/company/SHAK/mda/fy2023/): filed 2024-02-29; accession 0001620533-24-000023 (https://www.sec.gov/Archives/edgar/data/1620533/000162053324000023/shak-20231227.htm)
- [FY 2022 MD&A](/company/SHAK/mda/fy2022/): filed 2023-02-23; accession 0001620533-23-000015 (https://www.sec.gov/Archives/edgar/data/1620533/000162053323000015/shak-20221228.htm)
- [FY 2021 MD&A](/company/SHAK/mda/fy2021/): filed 2022-02-18; accession 0001620533-22-000014 (https://www.sec.gov/Archives/edgar/data/1620533/000162053322000014/shak-20211229.htm)

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