The Cheesecake Factory Incorporated - Common Stock (CAKE)
53.01
-0.30 (-0.56%)
The Cheesecake Factory is a renowned restaurant chain that specializes in a diverse menu featuring a wide variety of dishes, including salads, pasta, seafood, and, of course, its signature cheesecakes
With a focus on casual dining, the company is known for its extensive selection of menu items that cater to a range of tastes and dietary preferences, all served in an inviting and aesthetically pleasing environment. In addition to its iconic desserts, The Cheesecake Factory emphasizes high-quality ingredients and culinary innovation, attracting customers looking for a unique dining experience. The company also engages in the sale of its cheesecakes in grocery stores and other retail outlets, expanding its brand beyond the restaurant setting.
Let’s dig into the relative performance of Cracker Barrel (NASDAQCBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.
Barclays analyst Jeffrey A. Bernstein highlights key trends for U.S. restaurants in 2025, including mixed earnings results, easing inflation, and consumer outlook uncertainty.
Looking back on sit-down dining stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including The Cheesecake Factory (NASDAQCAKE) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Darden (NYSEDRI) and its peers.
The Cheesecake Factory’s 33.6% return over the past six months has outpaced the S&P 500 by 20.2%, and its stock price has climbed to $50.49 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sit-down dining stocks fared in Q3, starting with Bloomin' Brands (NASDAQBLMN).
Breakfast restaurant chain First Watch Restaurant Group (NASDAQFWRG)
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Upscale restaurant company The One Group Hospitality (NASDAQSTKS)
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Shares of restaurant company Cheesecake Factory (NASDAQCAKE)
jumped 14.5% in the morning session after the company reported third-quarter results that blew past analysts' EBITDA expectations. Management highlighted market share gains as the business continued to expand its footprint. Its EPS also outperformed Wall Street's estimates, showing that some of the improvements are reflected in the bottom line. Overall, we think this was a strong quarter.
Restaurant company Cheesecake Factory (NASDAQCAKE) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 4.2% year on year to $865.5 million. Its non-GAAP profit of $0.58 per share was 17.7% above analysts’ consensus estimates.
