Seasonality
SHAK seasonality — Shake Shack, Inc.
Over the last 11 years, SHAK's strongest month on average has been January (+8.3%) and its weakest March (-7.2%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +8.26% | +3.55% | 70% | +37.0% | -9.0% | 10 |
| Feb | +5.09% | +2.97% | 60% | +40.7% | -11.9% | 10 |
| Mar | -7.25% | -5.80% | 20% | +7.3% | -36.5% | 10 |
| Apr | +6.15% | +1.68% | 60% | +44.4% | -14.8% | 10 |
| May | +2.79% | +0.99% | 60% | +47.9% | -37.2% | 10 |
| Jun | +2.10% | +1.85% | 50% | +17.7% | -18.9% | 10 |
| Jul | +0.30% | -4.00% | 30% | +30.3% | -14.4% | 10 |
| Aug | +4.44% | -4.67% | 40% | +40.6% | -13.7% | 10 |
| Sep | -4.99% | -5.57% | 30% | +7.5% | -17.0% | 10 |
| Oct | +3.61% | +3.91% | 60% | +23.5% | -16.1% | 10 |
| Nov | +2.04% | +5.52% | 67% | +20.9% | -24.7% | 9 |
| Dec | -2.61% | -2.95% | 30% | +22.4% | -21.1% | 10 |
Monthly returns heat map — SHAK
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.1 | 8.4 | -7.8 | 15.8 | -37.2 | -12.9 | 12.0 | 9.8 | -14.8 | 20.1 | 2.0 | -11.4% | |
| 2025 | -9.0 | -8.1 | -18.8 | -0.5 | 47.9 | 8.3 | -14.4 | -11.9 | -11.7 | 3.1 | -9.4 | -7.2 | -37.5% |
| 2024 | 1.9 | 40.7 | -2.1 | 1.8 | -10.3 | -5.2 | -2.6 | 13.5 | 3.8 | 17.9 | 9.9 | -2.9 | +75.1% |
| 2023 | 37.0 | -1.9 | -0.5 | -1.2 | 20.7 | 17.5 | -0.1 | -9.9 | -17.0 | -3.5 | 8.1 | 22.4 | +78.5% |
| 2022 | -8.4 | 13.1 | -9.1 | -14.8 | -15.9 | -18.9 | 30.3 | -7.4 | -5.6 | 23.5 | -5.3 | -21.1 | -42.5% |
| 2021 | 33.8 | 4.5 | -4.8 | -3.6 | -13.6 | 13.9 | -6.0 | -13.7 | -9.6 | -11.8 | 5.5 | -1.1 | -14.9% |
| 2020 | 13.2 | -11.9 | -36.5 | 44.4 | 1.9 | -4.6 | -8.4 | 40.6 | -5.5 | 4.7 | 20.9 | 3.8 | +42.3% |
| 2019 | 5.2 | 15.4 | 7.3 | 3.6 | 0.1 | 17.7 | 3.4 | 32.8 | -1.1 | -16.1 | -24.7 | -3.9 | +31.1% |
| 2018 | 1.2 | -10.8 | 6.8 | 14.4 | 25.2 | 11.0 | -5.8 | -3.0 | 4.2 | -16.1 | 5.0 | -18.2 | +5.1% |
| 2017 | -1.3 | 1.5 | -6.8 | 1.6 | 9.1 | -5.8 | -5.4 | -6.3 | 7.5 | 14.2 | 8.3 | 5.1 | +20.7% |
| 2016 | -3.0 |