v3.26.1
REVENUE
 6 Months Ended
Jul. 01, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Revenue Recognition
Revenue disaggregated by type was as follows:
Thirteen Weeks EndedTwenty-Six Weeks Ended
July 1
2026		June 25
2025		July 1
2026		June 25
2025
Shack sales$403,437 $343,224 $757,484 $653,062 
Licensing revenue:
Sales-based royalties13,561 12,613 25,714 23,252 
Initial territory, opening, and termination fees
620 629 1,157 1,050 
Total revenue$417,618 $356,466 $784,355 $677,364 
The aggregate amount of the transaction price allocated to performance obligations that were unsatisfied or partially unsatisfied as of July 1, 2026 was $26,226. The Company expects to recognize this amount as revenue over a long-term period, as the majority of license terms for each Shack range from ten to twenty years. This amount excludes any variable consideration related to sales-based royalties.
Contract Balances
Contract liabilities and receivables from contracts with customers were as follows:
July 1
2026		December 31
2025
Shack sales receivables$14,397 $13,397 
Licensing receivables, net of allowance for doubtful accounts6,408 7,507 
Gift card liability2,704 3,711 
Deferred revenue, current1,972 1,928 
Deferred revenue, long-term18,677 19,154 
Revenue recognized that was included in the respective liability balances at the beginning of the period was as follows:
Thirteen Weeks EndedTwenty-Six Weeks Ended
July 1
2026		June 25
2025		July 1
2026		June 25
2025
Gift card liability
$330 $193 $1,093 $652 
Deferred revenue611 617 1,146 1,036