On this page of Benford's Law Stocks.com we present our study of Shake Shack Inc. — ticker symbol SHAK. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/24/2020 to 10/31/2024 for Shake Shack Inc. under CIK number 0001620533. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for SHAK, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Shake Shack Inc. based on the past SHAK filings our system processed in the past.
Benford Chart for SHAK 10Q Filed 10/31/2024
27.8
18.1
17.5
11.9
5.6
5.2
5.8
4.5
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, SHAK stockholder letter ]
Total numbers found: 805
Recent share count: 39,982,821 (3's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
805
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for SHAK = 92
92

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
SHAK's Score Vs. Typical Stock
Benford's Law Stocks Indicator
SHAK
High score compared to other filers, with SHAK falling in the highest quartile of filers.
Other Stocks Ranking Near SHAK
ORN
QS
SM
SPNT
 OVV
RRC
SITE
SPB
Check our work! We provide our Shake Shack Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the SHAK filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 224 numbers that start with the digit 1. Here they are:
10,000,000
10,000,000
16,743
16,847
18,967
12,436
15,926
1,675,419
1,605,857
15,765
17,058
17,103
175,833
164,067
1,196,364
1,136,487
18,274
16,777
1,675,419
1,605,857
12,027
11,227
131,373
108,352
107,948
10,429
14,103
17,988
10,010
1,533
1,241
14,982
1,305
15,480
182
1,743
11,109
1,487
13,737
10
10,211
1,497
13,041
19
19
11,109
1,487
13,737
1
1
1
1
11,107
1,488
13,734
10
10,209
1,498
13,038
10,211
11,109
18,274
1,927
1
1
197
10,000
10,000
16,777
1,497
10
1,487
1
1
11,819
11,819
174,419
1
1
1,937
1,937
18,274
13,041
13,737
11,438
11,438
146,270
131
131
1,487
13,737
1,577
1,320
11,539
11,220
123
104
12
10,123
1,016
1,385
1,742
126,072
100,801
113,033
126,264
131
1
190,020
11,567
10,898
1,171
1,937
1,330
1,192
16,605
17,157
109
1,147
15
1,225
1,846
15
1,225
1,927
1,763
11,070
12,136
1,190
18,967
1,937
17,058
17,103
130
170.42
100,000
1.5
1.0
15,000
17
14
12,038
11,801
19,829
17,177
1,051
191
163
16,084
12,940
11,498
1,189
1,586
13,997
173,584
1,443
12,554
140,515
100.0
100.0
10,211
1,497
13,041
1
1
10,120
1,071
10,280
174,419
146,270
10,000
10,000
10,000
10,000
1,268
10,272
11,540
11,220
102
105
10,359
10,254
1,181
11,540
11,220
13.9
11.3
174,419
146,270
10,000
17,022
181,270
10,861
108,324
15
12,211
10,211
1,497
13,041
10
10,211
1,487
13,737
11
11
129
166
1,467
1,467
1,467
19
19
100,898
100,898
139,742
1,466,975
165
147
12,211
163
130
156
116
131
We found 146 numbers that start with the digit 2. Here they are:
200,000,000
200,000,000
2,456,158
2,834,513
2,456,158
2,834,513
2,456,158
224,653
21,262
22,273
21,961
20,945
246,422
245,636
247,824
235,613
27,057
26,638
2
2
22,953
25,953
264,980
276,207
251,362
224,752
253,646
225,655
23,608
20,300
25,722
23,130
29,086
2,098
270,550
26
26
2
2
2,487,936
2
28,485
23,965
2
2
28,338
213
251
2,456,158
2
2
22,953
2,844,513
25,088
272
2,834,513
25,644
2,834,513
25,953
208
208
2,456,158
2
2
22,953
2,869,513
24,632
2,311
265
265
2,834,513
25,644
28,703
2,098
258
2,489
2,757
2,442
2,921
2,383
208
2,942
224,653
230,521
242
238
264,980
29,388
276,207
22,518
2,603
28,157
26,394
21,262
2,603
250,000
20
234,820
205,000
262
262
250,000
250,000
246,422
245,636
2.5
28
2,376
213
206
26,639
22,970
2,930
247
2,921
2,383
2,456,158
2,834,513
2
265
213
28,338
2,450
25.9
28,338
284
225
200
253
247,824
235,613
2,837
2,663
2,845
26
26
2,465,936
23,493
289
249
224
227
247,824
235,613
208
22,041
We found 141 numbers that start with the digit 3. Here they are:
39,474,315
39,474,315
35,000,000
35,000,000
310,865
354,016
334,432
376,760
398,296
344,479
326,208
39
3
3
304,897
32,995
30,246
316,924
37,307
35,691
30,939
3,662
30,657
334,912
3,504
3,441
3,873
33
31
39,460
39,758
39,402
3
3
39,966,973
38
31,778
31,778
302
302
39,449,246
39
3
3,563
3,563
39,466,268
39
3
3
39,474,315
39
3
3
378,355
378,355
3,541
3,540
39,284,998
39
3
3,487
3
3
3,023
35,000
35,000
39,466,268
39
3
3
3,781
3,056
3,907
31,381
3
310,865
310
398,182
388,250
317
304,897
31,824
329
316,924
311
3,878
3,435
30
3,578
3,894
3,147
398,296
3,878
3,435
3,094
305
3,652
363,001
305
3,610
39,474,315
3
302
3,541
3,023
31,778
378,355
35,000
31,778
378,355
35,000
31,778
378,355
35,000
31,778
378,355
35,000
391
3,169
3,095
3,486
319
305
3,726
3,163
323
3,486
31,778
378,355
35,000
3,288
39,460
39,758
39,402
33
31
3,147
343
30,096
313
301
4's 5's 6's
We found 96 numbers that start with the digit 4. Here they are:
40,027,089
40,027,089
40,027,357
442,383
419,586
49,004
499,228
464,533
40
437,788
426,601
456,102
443,417
479,055
469,370
45,564
4,969
492
498
433
40,010
40,010
43,978
44,163
43,884
40
433,877
4
486,365
4,261
4,261
439
439
40,027,089
40
437,788
479,055
421,394
4
448,447
469
423,849
459,086
426,601
469,370
40,027,089
40
437,788
479,055
415,649
436,836
480
480
423,849
459,086
49,775
4,122
440
424
4,750
49,159
41,725
4,825
40,501
460
4,610
445
4,989
4,364
42
419,586
431,624
410,097
49,004
499,228
464,533
49,775
4,488
4,393
40,027,089
42,483,247
42,308,828
469
4,159
433
4,159
48
40,010
47
40,010
43,978
44,163
43,884
402
419
423
We found 45 numbers that start with the digit 5. Here they are:
5,146
5,404
544,902
530,995
54,742
55,227
58,684
5,657
529
509
509
509
5,351
57,484
5,064
555
552
5,748
560
5,641
5,971
5,272
5.8679
50,000
51
55,227
567,009
525,693
57,484
578
5,355
543,385
5.7
5.6
52,913
578
5.8
5.8
552,774
525
509
52,050
5,508
555
57
We found 42 numbers that start with the digit 6. Here they are:
68,561
65,822
69,022
66,704
696
696
63
63
6,110
696
66,704
6,424
69,420
690
631
6,146
60
696
68,561
640
640
6,076
60
619
66,115
6.2
6.2
61,208
67,115
60,560
6.7
6.7
6.3
6.7
6,110
6.1
60,116
696
62
672
615
63
7's 8's 9's
We found 47 numbers that start with the digit 7. Here they are:
771,044
77,180
76,233
76,659
794,074
7,172
7,216
7,627
7,628
7,627
7,022
71
71
710
710
79
79
758
712
76,659
786
786
7,092
795
73
771,044
786
786
719
77,859
716,969
7,379
7,627
71
7,230
7,022
7,022
71
721
7,627
74
77
724
721
728
707
79
We found 36 numbers that start with the digit 8. Here they are:
890,929
801,290
86,056
85,523
8,665
8,136
898
8,136
8,137
898
898
8,136
81
81,478
8,480
86,212
890,929
858
801,290
8,465
83
829
81
8,676
8,721
86,337
85,184
80,863
8,770
85
8,136
82
86,313
85,440
85
85
We found 28 numbers that start with the digit 9. Here they are:
923,924
93,726
931,096
9,505
9,554
9,554
94
939
90,591
94,019
94.2
923,924
9,884
9,252
940
98
936
90,086
94.2
93.3
990
966
94.2
93.3
93.7
93.3
90,419
946
While the above SHAK 10Q Filed 10/31/2024 is interesting in isolation, we have found that it is also useful to take a look at older Shake Shack Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 10/31/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical SHAK 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 10/31/2024
27.8
18.1
17.5
11.9
5.6
5.2
5.8
4.5
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 805

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10K Filed 2/29/2024
26.5
21.1
18.7
12.4
5.5
4.4
5.1
3.1
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL? ✓  [ original filing ]
Total numbers found: 2,222

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 5/5/2023
25.5
24.7
17.0
12.5
5.2
4.4
3.9
4.4
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ✓  [ original filing ]
Total numbers found: 542

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 8/5/2022
27.0
21.1
21.8
10.1
5.3
5.6
4.1
2.7
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 779

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 11/5/2021
23.9
21.6
22.7
9.2
7.7
5.9
2.7
3.2
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL? ✓  [ original filing ]
Total numbers found: 781

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10K Filed 2/26/2021
27.6
19.6
15.4
10.0
10.2
4.7
5.8
3.0
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL? ✓  [ original filing ]
Total numbers found: 1,315

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 5/4/2020
29.6
16.6
22.4
5.2
7.5
4.0
5.4
5.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL? ✓  [ original filing ]
Total numbers found: 652

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 8/2/2024
23.7
19.4
17.4
13.1
9.3
4.8
5.5
3.2
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ✓  [ original filing ]
Total numbers found: 793

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 11/3/2023
25.5
19.5
18.9
10.9
4.6
5.7
6.5
4.7
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL? ✓  [ original filing ]
Total numbers found: 801

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10K Filed 2/23/2023
24.1
22.1
14.5
10.6
8.1
6.3
5.5
5.3
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 1,204

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 5/6/2022
28.2
20.9
19.3
10.4
5.5
6.2
4.4
2.6
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 549

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 8/6/2021
27.8
21.5
23.7
7.9
4.7
4.8
4.0
2.4
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL? ✓  [ original filing ]
Total numbers found: 794

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 10/30/2020
27.9
18.7
21.7
9.1
7.8
4.6
4.8
2.9
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL? ✓  [ original filing ]
Total numbers found: 952

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10K Filed 2/24/2020
27.2
20.0
15.6
8.9
8.9
4.7
5.3
4.6
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 1,352

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 5/3/2024
24.7
25.0
17.6
12.0
6.7
3.1
2.7
4.4
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL? ✓  [ original filing ]
Total numbers found: 551

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 8/4/2023
24.6
20.6
16.9
12.7
8.5
5.8
5.0
3.3
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 781

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 11/4/2022
24.4
23.9
19.0
10.4
6.1
6.1
2.3
4.7
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ✓  [ original filing ]
Total numbers found: 770

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10K Filed 2/18/2022
25.8
21.3
15.7
10.2
8.7
5.1
5.6
4.1
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 1,246

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 5/7/2021
28.4
19.3
20.6
8.5
7.1
4.9
4.2
3.4
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 553

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
10Q Filed 7/31/2020
29.7
18.2
20.9
6.4
5.8
4.1
6.3
4.1
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL? ✓  [ original filing ]
Total numbers found: 920

■ = Typical SHAK range from 2/24/2020 to 10/31/2024
AOXY 10Q Filed 1/17/2025:
26
SCLX 10Q Filed 1/17/2025:
90
BACK 10Q Filed 1/17/2025:
59
TPET 10K Filed 1/17/2025:
95
FHLD 10K Filed 1/16/2025:
20
IIIN 10Q Filed 1/16/2025:
77
TRMB 10Q Filed 1/15/2025:
81
NEOG 10Q Filed 1/15/2025:
45
PKE 10Q Filed 1/15/2025:
75
LGIQ 10Q Filed 1/15/2025:
59
FORLU 10Q Filed 1/14/2025:
65
RMCF 10Q Filed 1/14/2025:
78
IRRXU 10Q Filed 1/14/2025:
59
BMRA 10Q Filed 1/14/2025:
83
VLD 10Q Filed 1/14/2025:
97
CVGW 10K Filed 1/14/2025:
52
FNGR 10Q Filed 1/14/2025:
98
DBMM 10Q Filed 1/14/2025:
3
LOOP 10Q Filed 1/14/2025:
80
JCTC 10Q Filed 1/14/2025:
51
NTRP 10Q Filed 1/14/2025:
96
RR 10K Filed 1/14/2025:
72
EMKR 10K Filed 1/14/2025:
75
APLD 10Q Filed 1/14/2025:
83
ASRE 10Q Filed 1/14/2025:
42
NRIS 10Q Filed 1/14/2025:
35
SODI 10Q Filed 1/14/2025:
71
HOVR 10Q Filed 1/14/2025:
36
RILY 10Q Filed 1/13/2025:
97
VRTC 10Q Filed 1/13/2025:
30
EACO 10Q Filed 1/13/2025:
55
EDUC 10Q Filed 1/13/2025:
70
MARK 10Q Filed 1/13/2025:
99
WS 10Q Filed 1/13/2025:
92
BZYR 10Q Filed 1/13/2025:
71
AEHR 10Q Filed 1/13/2025:
84
VHAI 10Q Filed 1/13/2025:
74
CVM 10K Filed 1/13/2025:
80
ADBE 10K Filed 1/13/2025:
95
DFCO 10K Filed 1/13/2025:
75
 

Benford's Law SHAK Stock (Shake Shack Inc.) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.