Core Insights - Katherine Fogertey has resigned as CFO of Shake Shack, effective immediately, and will serve as a senior advisor until March 4 to ensure a smooth transition [1][2] - The company operates and franchises over 645 restaurants and will begin searching for a new CFO while forming an "Office of the CFO" with leaders from various financial departments [2][3] - CEO Rob Lynch acknowledged Fogertey's positive impact on the company, highlighting her contributions to strategic and financial growth [3] Financial Performance and Guidance - Shake Shack has experienced same-store sales growth every quarter since Fogertey joined in 2021 [2] - The company reiterated its guidance for Q4 and fiscal year 2025, expecting revenue between $406 million and $412 million, with licensing revenue between $15.4 million and $15.7 million [4][5] - Same-store sales growth is anticipated to be in the low single digits, with a restaurant-level operating profit margin projected at 23.3% to 23.8% [5]
Katie Fogertey steps down as Shake Shack’s chief financial officer