Here's Why Investors Should Retain Cheesecake Factory Stock [Yahoo! Finance]
The Cheesecake Factory Incorporated (CAKE)
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm
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Source: Yahoo! Finance
three months against the industry's decline of 0.9%. The company is benefiting from strong comps performance, expansion efforts and rewards programs. Also, more focus on the operational enhancements bodes well. However, increased costs and expenses remain concerns. CAKE's Growth Catalysts Cheesecake Factory continues to benefit from impressive comps performance. In the fiscal third quarter of 2024, comps at Cheesecake Factory restaurants inched up 1.6% year over year compared with a 2.4% rise reported in the prior-year quarter. The company's comparable sales and traffic at its restaurants again outperformed the industry, highlighting strong consumer demand for the brand and its ability to capture market share. The uptrend was driven by an increase in average check of 2.4% (based on an increase of 4.5% in menu pricing and partially offset by a 2.1% negative impact from mix), partially offset by decreased customer traffic of 0.8%. CAKE continues to focus on the development front
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CAKE
Earnings
- 10/29/24 - Beat
CAKE
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- CAKE's page on the SEC website