Cheesecake Factory blew past earnings estimates with a 22% EPS beat as comparable sales at its flagship brand jumped 5.8%, outpacing the broader casual dining industry and lifting operating margins to 7.6% from 6.8% a year ago.
Cheesecake Factory :
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Stock Data
$107.05
$0.26 (0.24%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
RESTAURANTS
The Cheesecake Factory Incorporated is a renowned dining brand, best known for its extensive menu, generous portions, and legendary cheesecakes. Founded in 1972 and based in Calabasas, California, this company not only operates a chain of upscale restaurants across the United States and Canada but also runs bakeries. These bakeries supply cheesecakes and other baked goods not just to their own restaurants but also to various other clients including international licensees and retailers. Its portfolio includes The Cheesecake Factory, North Italia, and Flower Child among others.
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