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Stock impact report

Turning Point: A Breakfast And Lunch Chain About To Spurt [Forbes]

The Cheesecake Factory Incorporated (CAKE) 
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thecheesecakefactory.com
Company Research Source: Forbes
Courtesy of Turning Point According to Kirk Ruoff, the founder and CEO of the breakfast/lunch chain Turning Point Restaurants, some of its legacy rivals such as Denny's, IHOP and Perkins Restaurant have fallen out of favor with some of its clientele. But Turning Point, which currently has 29 locations, with 27 company-owned and 2 franchised, has 10 new restaurants in developments, 7 corporate and 3 franchised. It's on a growth spurt while several of its rivals are retrenching. Like many breakfast and lunch spots, Turning Point opens from 7 a.m. and closes at 3 p. m. and offers a more balanced life style to its employees, without ever having to cover for dinner or late-night shifts. Ruoff implies that its success is based on a multi-faceted approach. Because it's still relatively small and mostly company-owned, it trains its employees to get to know its customers and “build a warm and comfortable atmosphere.” It appeals, he says, to both the younger generation and seniors, and i Show less Read more
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