Cheesecake Factory Inc

CAKE

Equity

ISIN US1630721017 / Valor 915558

NASDAQ (2025-04-01)

USD 50.86+4.52%

Cheesecake Factory Inc
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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 Services

Revenue Growth

Cheesecake Factory Inc. reported total revenues of $904.0 million for the second quarter of fiscal 2024, marking an increase from $866.2 million in the same quarter of the previous year. This growth reflects the company's ability to attract more customers and enhance its sales performance across its restaurant locations.

Net Income and Earnings

For the second quarter of fiscal 2024, Cheesecake Factory Inc. achieved a net income of $52.4 million, with diluted net income per share reaching $1.08. This demonstrates a solid financial performance, contributing to the company's overall profitability during this period.

Adjusted Earnings

Excluding certain expenses related to the Fox Restaurant Concepts acquisition and other adjustments, Cheesecake Factory Inc.'s adjusted net income for the second quarter of fiscal 2024 was $53.2 million, with an adjusted net income per share of $1.09. These figures highlight the company's strong operational execution and financial management.

Comparable Restaurant Sales

Cheesecake Factory Inc. experienced a 1.4% year-over-year increase in comparable restaurant sales during the second quarter of fiscal 2024. This growth indicates a positive trend in customer demand and satisfaction with the dining experiences offered by the company's restaurants.

Dividend Declaration

The Board of Directors of Cheesecake Factory Inc. declared a quarterly dividend of $0.27 per share, payable on August 27, 2024, to shareholders of record as of August 14, 2024. This decision reflects the company's commitment to returning value to its shareholders while maintaining a strong financial position.

Summarized from source with an LLMView Source

Key figures

39.0%1Y

30.6%3Y

224%5Y

Performance

37.2%1Y

39.6%3Y

52.4%5Y

Volatility