Cheesecake Factory Inc
CAKE
ISIN US1630721017 / Valor 915558
Cheesecake Factory Inc
UMushroom community rating:
About company
The Cheesecake Factory Incorporated is a prominent entity in the dining industry, known for its diverse portfolio of restaurants and commitment to culinary innovation and hospitality. With a total of 336 owned and operated establishments across the United States and Canada, the company's brand repertoire includes The Cheesecake Factory®, North Italia®, Flower Child®, among other FRC brands. Additionally, the company extends its global presence through 33 international The Cheesecake Factory® restaurants operating under licensing agreements. Beyond its restaurant operations, The Cheesecake Factory Incorporated boasts a bakery division responsible for producing high-quality cheesecakes and other baked goods. These products not only serve the company's restaurants and international licensees but are also distributed to third-party bakery customers, showcasing the company's expansive reach within the food and beverage sector. The organization's dedication to its workforce and corporate culture has been recognized with its inclusion in the FORTUNE Magazine “100 Best Companies to Work For®” list for eleven consecutive years as of 2024, underscoring its status as a distinguished employer within the industry.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (07.08.2024):
Total Revenue
Cheesecake Factory Inc. reported total revenues of $904.0 million for the second quarter of fiscal 2024, which ended on July 2, 2024. This represents an increase from the $866.2 million reported in the second quarter of fiscal 2023.
Net Income
For the second quarter of fiscal 2024, Cheesecake Factory Inc. achieved a net income of $52.4 million. The diluted net income per share was reported at $1.08.
Comparable Restaurant Sales
Comparable restaurant sales at The Cheesecake Factory restaurants saw a year-over-year increase of 1.4% in the second quarter of fiscal 2024, indicating a positive trend in consumer demand.
New Restaurant Openings
During the second quarter of fiscal 2024, Cheesecake Factory Inc. opened five new restaurants across various concepts and markets. This includes one Cheesecake Factory, one North Italia, two Flower Child locations, and one Culinary Dropout.
Liquidity and Capital Allocation
As of July 2, 2024, Cheesecake Factory Inc. had total available liquidity of $277.2 million, which includes a cash balance of $40.7 million and availability on its revolving credit facility of $236.5 million. The company also repurchased approximately 111,400 shares of its stock at a cost of $3.9 million during the second quarter.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2453 M
Market cap (USD)
282,747
Daily traded volume (Shares)
48.64 / 47.485
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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