“Think about the mid single digits range as being kind of around that 4.5% to 5% range. And how we typically progress throughout the quarter on AWS is. August is a little bit lower than July. And then we do see a more significant drop-off in September.”

In context

“preciate the disclosure for July, up 4.5%. If I look at the guidance for low-to-mid single digits, is there a reason to believe same-store sales would decrease from July such as harder comparisons in August and September? Or would you just label the guidance to be conservative? Katie Fogertey: Great. So, let's take beef first. So, as we progressed throughout the quarter on beef, it was a little bit more favorable. I mean, we're talking about high single digits versus low double digits kind of very much on the cusp there. And we really started to see beef, though, pick up more in July. So that is something that we are watching very closely and we've reflected that view into what we're seeing today into our guidance. And then on the comp, we're running a 4.5% in July. We ran a 4.5% in July. Think about the mid single digits range as being kind of around that 4.5% to 5% range. And how we typically progress throughout the quarter on AWS is. August is a little bit lower than July. And then we do see a more significant drop-off in September. It'll be interesting to see how this year's September behaves. Last year, we had a more muted decline in September versus August. But in pre-COVID times, that was a little bit more pronounced. Operator: Our next question is from Jake Bartlett with Truist Securities. Please proceed. Jake Bartlett: Great. Thanks for taking the question. My first one is on the consumer. In the past, you've made some comments about whether there's any specific movements in lower income or higher income. Any comments you can say in what you're seeing from just underlying strength of demand? Randy Garutti: Yes. Jake, I think you've seen this kind of broadly in our industry and a lot of industries. generally, I think we're all surprised at how resilient the consumer has been. at Shake Shack, I think what we've s”