Fast-paced Momentum Stock Cheesecake Factory (CAKE) Is Still Trading at a Bargain
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cheesecake Factory (CAKE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/10/2025
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EAT CAKE: 5 Stocks For Valentine's Day Gains
- Since 1950, the S&P 500 has gained about 0.21% in the four trading days leading up to February 14th. While past performance does not guarantee future results, a Valentine's Day rally could be an opportunity to make short-term gains in sectors primed for a burst in economic activity. As Americans prepare to spend a record $27.B this Valentine's Day, consider showing some love to your portfolio with these five Strong Buy-rated stocks.
- 02/06/2025
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Are Retail-Wholesale Stocks Lagging The Cheesecake Factory (CAKE) This Year?
- Here is how Cheesecake Factory (CAKE) and Costco (COST) have performed compared to their sector so far this year.
- 02/04/2025
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4 Stocks That Sport Impressive Interest Coverage Ratio
- BMRN, CAKE, LDOS & ENSG's impressive interest coverage ratios highlight that these companies can withstand financial hardships.
- 02/04/2025
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The Cheesecake Factory: Maintaining My Buy Rating
- The Cheesecake Factory has outperformed the market with over a 50% return since April 2024, driven by strong fundamentals and positive earnings momentum. Despite the current fair valuation, CAKE's consistent revenue, margin improvements, and strong consumer base suggest potential for further appreciation. Risks include historical underperformance prior to this past year, inconsistent quarterly fundamentals, and potential economic downturns, but CAKE's strong consumer base and earnings resilience offer optimism.
- 02/03/2025
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Here's Why Cheesecake Factory (CAKE) is a Strong Growth Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 01/31/2025
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The Cheesecake Factory to Webcast Fourth Quarter Fiscal 2024 Earnings Conference Call on February 19, 2025
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release fourth quarter fiscal 2024 financial results after market close on Wednesday, February 19, 2025. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. About The Cheesecake Factory Incorporated T.
- 01/29/2025
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Are You Looking for a Top Momentum Pick? Why Cheesecake Factory (CAKE) is a Great Choice
- Does Cheesecake Factory (CAKE) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/29/2025
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The Cheesecake Factory Incorporated (CAKE) Hit a 52 Week High, Can the Run Continue?
- Cheesecake Factory (CAKE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 01/29/2025
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CAKE or CMG: Which Is the Better Value Stock Right Now?
- Investors interested in Retail - Restaurants stocks are likely familiar with Cheesecake Factory (CAKE) and Chipotle Mexican Grill (CMG). But which of these two stocks presents investors with the better value opportunity right now?
- 01/28/2025
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5 Restaurant Stocks Poised for Earnings Surprises This Season
- Restaurant stocks like CMG, CAKE, SHAK, EAT & WING are likely to gain from increased sales. Rapid menu price hikes, average check growth and expansion efforts bode well.
- 01/28/2025
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Are Investors Undervaluing The Cheesecake Factory (CAKE) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/24/2025
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Why Fast-paced Mover Cheesecake Factory (CAKE) Is a Great Choice for Value Investors
- Cheesecake Factory (CAKE) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/24/2025
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The Cheesecake Factory Announces Online Winter Rewards Gift Card Offer Exclusively for Cheesecake Rewards Members
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE), known for its extensive menu, generous portions and legendary desserts, is making winter a little sweeter for Cheesecake Rewards members and giving guests another reason to join the program with its Winter Rewards Gift Card Offer. Now through February 18, for every $50 in Gift Cards purchased online through their Cheesecake Rewards account, rewards members will receive a $10 Dining Credit redeemable for dine-in (o.
- 01/23/2025
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Why Cheesecake Factory (CAKE) is Poised to Beat Earnings Estimates Again
- Cheesecake Factory (CAKE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/20/2025
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The Cheesecake Factory: Earnings Growth Is Underappreciated
- The Cheesecake Factory is an attractive investment for 2025, offering a ~2% dividend yield and trading at a below-market valuation. The company recently increased prices without denting low single-digit comparable sales growth. In turn, the company's net profit margins have nearly doubled. The company has a diversified restaurant portfolio, with other brands including Flower Child and North Italia alongside a handful of boutique restaurants.
- 01/15/2025
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Why Cheesecake Factory (CAKE) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 01/15/2025
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 01/14/2025
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Goldmans Sachs Initiated Coverage Recently On 4 Incredible Dividend Stocks
- With all of the major indices making big moves higher in 2024, we were very interested to see what the top prognosticators across Wall Street think will happen in 2025 as we start the second quarter of the new century.
- 01/04/2025
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Is Cheesecake Factory (CAKE) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Cheesecake Factory (CAKE) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/31/2024
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CAKE vs. BROS: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Retail - Restaurants sector have probably already heard of Cheesecake Factory (CAKE) and Dutch Bros (BROS). But which of these two companies is the best option for those looking for undervalued stocks?
- 12/31/2024
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Is The Cheesecake Factory (CAKE) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/31/2024
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Why Cheesecake Factory (CAKE) is a Top Value Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 12/27/2024
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Here's Why Investors Should Retain Cheesecake Factory Stock
- CAKE's emphasis on unit expansion and loyalty platform bodes well. However, elevated costs are a headwind.
- 12/26/2024
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Jefferies' Andy Barish gives his top restaurant picks for 2025
- Andy Barish, Jefferies managing director of equity research, joins 'The Exchange' to discuss his restaurant outlook in 2025.
- 12/24/2024
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Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
- Mall owners are devoting more square footage to restaurants and bars in the hopes that diners will shop after dinner. Malls are supplementing food court mainstays with more upscale, full-service restaurants, plus introducing food halls catered by local vendors.
- 12/19/2024
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Cheesecake Factory (CAKE) is a Top-Ranked Momentum Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 12/17/2024
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Cheesecake Factory (CAKE) Up 6.7% Since Last Earnings Report: Can It Continue?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock?
- 11/28/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 11/27/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Momentum Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 11/26/2024
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Cheesecake Factory (CAKE) is an Incredible Growth Stock: 3 Reasons Why
- Cheesecake Factory (CAKE) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 11/11/2024
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Why Cheesecake Factory (CAKE) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 11/11/2024
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Cheesecake Factory Shares Rise
- Consistent earnings performance has Cheesecake Factory Incorporated (CAKE) shares up.
- 11/08/2024
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CAKE or BROS: Which Is the Better Value Stock Right Now?
- Investors interested in Retail - Restaurants stocks are likely familiar with Cheesecake Factory (CAKE) and Dutch Bros (BROS). But which of these two stocks is more attractive to value investors?
- 11/08/2024
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Should Value Investors Buy The Cheesecake Factory (CAKE) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/08/2024
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The Cheesecake Factory Incorporated (CAKE) Soars to 52-Week High, Time to Cash Out?
- Cheesecake Factory (CAKE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 11/07/2024
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Cheesecake Factory (CAKE) is a Great Momentum Stock: Should You Buy?
- Does Cheesecake Factory (CAKE) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/04/2024
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Why Cheesecake Factory (CAKE) is a Top Momentum Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 11/01/2024
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Despite Fast-paced Momentum, Cheesecake Factory (CAKE) Is Still a Bargain Stock
- Cheesecake Factory (CAKE) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 11/01/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 10/31/2024
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The Cheesecake Factory: Producing Strong Returns
- The author provided two past public trades in The Cheesecake Factory Incorporated stock, both successful with 20% gains each, and now suggests holding a house position with profit. The Cheesecake Factory's sales continue to hold up and earnings are strong. Margins are quietly expanding in tandem with slow and steady footprint growth.
- 10/30/2024
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Is it time to invest as Cheesecake Factory approaches all-time highs?
- Cheesecake Factory Inc stock is closing in on all time highs. With the stock up 14% after its Q3 earnings report, is it too late to invest in the stock?
- 10/30/2024
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The Cheesecake Factory Incorporated (CAKE) Q3 2024 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q3 2024 Earnings Call October 29, 2024 5:00 PM ET Company Participants Etienne Marcus - Vice President, Investor Relations David Overton - Chairman and Chief Executive Officer David Gordon - President Matt Clark - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Salera - Stephens Drew North - Baird Catherine Griffin - Bank of America Jeff Farmer - Gordon Haskett Karen Holthouse - Citi Jim Sanderson - Northcoast Research Andy Barish - Jefferies Sharon Zackfia - William Blair Brian Vaccaro - Raymond James Operator Ladies and gentlemen, thank you for standing by. My name is Christa and I will be your conference operator today.
- 10/29/2024
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Compared to Estimates, Cheesecake Factory (CAKE) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Cheesecake Factory (CAKE) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 10/29/2024
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Cheesecake Factory (CAKE) Beats Q3 Earnings Estimates
- Cheesecake Factory (CAKE) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.39 per share a year ago.
- 10/29/2024
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The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2024
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2024, which ended on October 1, 2024. Total revenues were $865.5 million in the third quarter of fiscal 2024 compared to $830.2 million in the third quarter of fiscal 2023. Net income and diluted net income per share were $30.0 million and $0.61, respectively, in the third quarter of fiscal 2024. The Company recorded pre-tax net income of.
- 10/29/2024
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1 Cheap Dividend Stock to Buy Now
- Steady growth and a safe dividend are what dividend investors should be looking for.
- 10/29/2024
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Why Cheesecake Factory (CAKE) Could Beat Earnings Estimates Again
- Cheesecake Factory (CAKE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/28/2024
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What Makes Cheesecake Factory (CAKE) a New Buy Stock
- Cheesecake Factory (CAKE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/23/2024
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CAKE vs. CMPGY: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Retail - Restaurants sector might want to consider either Cheesecake Factory (CAKE) or Compass Group PLC (CMPGY). But which of these two stocks presents investors with the better value opportunity right now?
- 10/23/2024
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Are Investors Undervaluing The Cheesecake Factory (CAKE) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/23/2024
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An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn't need to.
- Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.
- 10/22/2024
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Cheesecake Factory Stock Rises on Report Activist Urges Chain To Break Up
- JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory (CAKE) and is pushing for the restaurant chain to break up.
- 10/22/2024
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Activist investor JCP pushes for spin-off of some of Cheesecake Factory's brands: Report
- CNBC's Becky Quick reports on the latest news.
- 10/22/2024
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Activist Urges Cheesecake Factory to Consider Breakup
- A Houston-based investor is asking the restaurant operator to spin out three brands.
- 10/21/2024
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Radio Fuels Acquires Securities of Freeman Gold Corp.
- Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Radio Fuels Energy Corp. (CSE: CAKE) (the "Company" or "Radio Fuels") announces that it has acquired ownership and control of 14,166,667 units (the "Subject Units") of Freeman Gold Corp. ("Freeman"), effective October 16, 2024 (the "Acquisition"). Each Subject Unit consists of one common share of Freeman ("Share") and one common share purchase warrant ("Warrant") exercisable at $0.08 for a period of nine months from the date of issuance.
- 10/16/2024
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Dining Out, Cashing In: 2 Restaurant Stocks Leading the Pack
- With consumers tightening their spending habits, one would assume the consumer discretionary sector and, specifically, the restaurant industry would be feeling the sting. However, this isn't the case for some restaurants as they continue to navigate the macroeconomic climate masterfully, still collecting tight-fisted consumer dollars while maintaining strong margins.
- 10/15/2024
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Cheesecake Factory Hits 52-Week High: Key Insights Before Q3 Earnings
- Cheesecake Factory (CAKE, Financial) has recently surpassed its $34-41 trading range, reaching a new 52-week high. This movement comes ahead of its Q3 earnings report on October 29.
- 10/07/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 10/02/2024
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The Cheesecake Factory to Webcast Third Quarter Fiscal 2024 Earnings Conference Call on October 29, 2024
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release third quarter fiscal 2024 financial results after market close on Tuesday, October 29, 2024. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on th.
- 10/01/2024
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The Cheesecake Factory: The Different Ways To Create Value
- The Cheesecake Factory's value proposition lies in its extensive and rotating menu, which drives repeat visits and supports positive comparable sales despite industry-wide traffic declines. The company maintains high margins and AUVs by balancing labor costs with savings in food, beverage, and packaging, ensuring operational stability. Despite intrinsic risks from financial and operational leverage, current trends and strategic initiatives like 'Cheesecake Rewards' support a 'Hold' rating with a price target of $46.28.
- 09/28/2024
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Why Cheesecake Factory (CAKE) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/16/2024
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Why Is Cheesecake Factory (CAKE) Up 6.6% Since Last Earnings Report?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock?
- 08/30/2024
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) focuses on leveraging data analytics to boost guest engagement and drive sales. However, high cost is a concern.
- 08/22/2024
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The Cheesecake Factory Named to the ‘PEOPLE Companies that Care' List for Fourth Consecutive Year
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) has been recognized as one of the 2024 PEOPLE Companies that Care®, according to PEOPLE magazine and Great Place to Work®. The Cheesecake Factory® ranked 47 on the list, which is primarily based on an anonymous employee survey that measures the organization's culture and impact on its community. Earning a spot on the list means that The Cheesecake Factory has surpassed rigorous benchmarks, establishing.
- 08/21/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 08/12/2024
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3 Reasons Growth Investors Will Love Cheesecake Factory (CAKE)
- Cheesecake Factory (CAKE) could produce exceptional returns because of its solid growth attributes.
- 08/05/2024
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Cheesecake Factory (CAKE) Q2 Earnings Beat Estimates, Rise Y/Y
- Cheesecake Factory's (CAKE) fiscal second-quarter performance benefits from strong consumer demand and new restaurant openings.
- 08/01/2024
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The Cheesecake Factory Incorporated (CAKE) Q2 2024 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Etienne Marcus - Vice President of Finance and Investor Relations David Overton - Chairman of the Board and Chief Executive Officer David Gordon - President Matt Clark - Executive Vice President and Chief Financial Officer Conference Call Participants David Tarantino - Baird Andy Barish - Jeffries Jon Tower - Citigroup Brian Mullan - Piper Sandler Katherine Griffin - BofA Securities Brian Vaccaro - Raymond James Brian Harbour - Morgan Stanley Dennis Geiger - UBS Jim Salera - Stephens Matt Curtis - William Blair Jim Sanderson - Northcoast Research Jeffrey Bernstein - Barclays Jeff Farmer - Gordon Haskett John Ivankoe - JP Morgan Operator Good afternoon. My name is Brianna and I will be your conference operator today.
- 07/31/2024
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Compared to Estimates, Cheesecake Factory (CAKE) Q2 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Cheesecake Factory (CAKE) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 07/31/2024
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Cheesecake Factory (CAKE) Q2 Earnings Beat Estimates
- Cheesecake Factory (CAKE) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.88 per share a year ago.
- 07/31/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 07/31/2024
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CAKE or BROS: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Retail - Restaurants sector might want to consider either Cheesecake Factory (CAKE) or Dutch Bros (BROS). But which of these two companies is the best option for those looking for undervalued stocks?
- 07/26/2024
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Is The Cheesecake Factory (CAKE) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/26/2024
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Why Cheesecake Factory (CAKE) is a Top Value Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 07/25/2024
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Cheesecake Factory (CAKE) Earnings Expected to Grow: Should You Buy?
- Cheesecake Factory (CAKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/24/2024
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4 Solid Stocks to Invest in as Restaurant Sales Jump in June
- Stocks like namely The Cheesecake Factory Incorporated (CAKE), Brinker International, Inc. (EAT), Wingstop Inc. (WING) and Texas Roadhouse, Inc. (TXRH) are likely to benefit from the steady growth in restaurant sales.
- 07/23/2024
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Here is Why Growth Investors Should Buy Cheesecake Factory (CAKE) Now
- Cheesecake Factory (CAKE) could produce exceptional returns because of its solid growth attributes.
- 07/18/2024
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Is The Cheesecake Factory (CAKE) Stock Outpacing Its Retail-Wholesale Peers This Year?
- Here is how Cheesecake Factory (CAKE) and Torrid Holdings (CURV) have performed compared to their sector so far this year.
- 07/18/2024
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Fast-paced Momentum Stock Cheesecake Factory (CAKE) Is Still Trading at a Bargain
- Cheesecake Factory (CAKE) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 07/18/2024
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The Cheesecake Factory: A Mixed Q2 Industry Outlook
- The Cheesecake Factory is going to report its Q2 results on July 31, with analysts estimating a great sequential and year-over-year improvement, amid better industry trends and great profitability management. I believe that while cautious optimism is in place, especially cloudy June industry trends provide a more mixed outlook for the quarter. Going into earnings, CAKE stock's valuation seems balanced, and the mixed Q2 outlook doesn't give a reason to sway my rating from Hold either.
- 07/17/2024
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3 Restaurant Stocks to Buy Now: Q3 Edition
- Food is a way for us to connect– from the first date to celebrating our lives' most important moments, a sit-down meal always carries significance. While food prices have risen across the board– with increases being even more painful for those who frequently eat out, consumer spending in this sector hasn't seen much of a hit.
- 07/16/2024
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CAKE vs. SHAK: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Retail - Restaurants sector have probably already heard of Cheesecake Factory (CAKE) and Shake Shack (SHAK). But which of these two companies is the best option for those looking for undervalued stocks?
- 07/10/2024
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Is The Cheesecake Factory (CAKE) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/10/2024
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The Cheesecake Factory Offers Triple the Reasons to Celebrate National Cheesecake Day This Year
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® is celebrating its favorite holiday – National Cheesecake Day – in a big way this year making it a two-day celebration and introducing the newest flavor to its legendary lineup on July 29: Triple Berry Bliss Cheesecake – creamy cheesecake layered with vanilla cake, three kinds of berries and a kiss of citrus. For every slice of Triple Berry Bliss Cheesecake sold through July 29, 2025, The Cheesecake Factory will donate 25 cents t.
- 07/09/2024
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Cheesecake Factory (CAKE) Outruns Industry: Up 14% in 6 Months
- Cheesecake Factory (CAKE) continues to benefit from increased consumer demand and the opening of new restaurants.
- 07/01/2024
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Cheesecake Factory (CAKE) is a Top-Ranked Growth Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 06/26/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 06/21/2024
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Why Cheesecake Factory (CAKE) is a Top Momentum Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 06/20/2024
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BJRI or CAKE: Which is a More Appetizing Restaurant Stock?
- The restaurant industry continues to evolve its operations to adapt to the changing consumer behavior and market conditions. Notably, the focus on menu innovation and digital initiatives bodes well.
- 06/12/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 06/10/2024
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Why Is Cheesecake Factory (CAKE) Up 8.9% Since Last Earnings Report?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock?
- 06/07/2024
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The Cheesecake Factory Celebrates Dads and Grads With a Sweet Online Gift Card Offer
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE), known for its extensive menu, generous portions and legendary desserts, is making shopping for Dads and Grads extra sweet this year with a special online gift card offer: For every $100 in Gift Cards purchased online in a single transaction from Thursday, June 6, 2024 through Friday, June 28, 2024, guests will receive a complimentary $20 Bonus Card redeemable June 29, 2024 through July 26, 2024*. With an extensive.
- 06/06/2024
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Why Cheesecake Factory (CAKE) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 06/05/2024
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory's (CAKE) focus on FRC-related differentiated concepts and unit expansion bode well. However, labor and commodity inflation are a concern.
- 05/29/2024
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The Savvy Investor's Cheat Sheet: 3 Deep Value Picks for May 2024
- With many market strategists turning slightly bullish amid this bull market, investors may wonder if there's still any deep value left for the rest of us. Undoubtedly, not all companies have pulled their fair share of weight in the 2024 market surge.
- 05/23/2024
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Why Cheesecake Factory (CAKE) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 05/23/2024
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The Cheesecake Factory to Participate in Upcoming Investor Conferences
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced that David Gordon, President, and Matthew Clark, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor conferences: Baird 2024 Global Consumer, Technology and Services Conference to be held June 4-6, 2024 in New York City, NY. Management will participate in investor meetings on Tuesday, June 4th. William Blair's 44th Annual Growth Stock.
- 05/23/2024
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Uniswap Labs Unveils ERC-7683 for Boosting Cross-Chain Interoperability
- A new proposal was brought to light today, in partnership with the Across Protocol. Uniswap Labs’ created these standards to make asset trading between blockchains easier. In a huge step forward, Uniswap Labs—the firm behind the decentralized cryptocurrency exchange Uniswap—has introduced ERC-7683 for cross-chain purposes. A new proposal was brought to light today, in partnership with the Across Protocol, with the purpose of establishing a unified framework for intents-based systems for defining cross-chain actions. By working together, the two groups have posted an Ethereum Request for Comment (ERC) on the Ethereum Magicians forum and submitted the proposed standard to the CAKE Working Group for further evaluation and debate. Easing Cross-network Transactions Tokens can’t just exist on the Ethereum network and start trading with each other without first meeting the requirements laid forth in the ERC. Application programming interfaces (APIs) for cross-chain trade execution systems are possible with the suggested standard. In this setting, developers are working toward a standardized set of rules and interfaces that different blockchain networks might use to ease cross-network transactions. The proposed standard specifies a common interface for smart contracts, ISettlementContract, and concurrently requests a generic structure, CrossChainOrder. Moreover, Uniswap Labs’ goal in creating these standards is to make asset trading between blockchains easier. Also, this will guarantee interoperability and compatibility across different platforms and make cross-chain transactions easy for consumers. In the meanwhile, the aforementioned development is still going to be very beneficial to UNI, Uniswap’s governance token. Moreover, a Wells warning has been received by the decentralized exchange Uniswap from the US SEC. The warning from the regulator was confirmed on April 10 by Marvin Ammori, chief legal officer of Uniswap, on X. Highlighted Crypto News Today: New York AG Reaches $2 Billion Settlement with Defunct Genesis Global
- 05/20/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 05/20/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 05/10/2024
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Cheesecake Factory (CAKE) Q1 Earnings Beat Estimates, Rise Y/Y
- Cheesecake Factory's (CAKE) fiscal first-quarter top line benefits from strong consumer demand and traffic.
- 05/09/2024
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The Cheesecake Factory Incorporated (CAKE) Q1 2024 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Etienne Marcus - Vice President of Finance & Investor Relations David Overton - Chairman & Chief Executive Officer David Gordon - President Matt Clark - Executive Vice President & Chief Financial Officer Conference Call Participants David Tarantino - Baird Katherine Griffin - Bank of America Brian Mullan - Piper Sandler Brian Vaccaro - Raymond James Jim Salera - Stephens Jon Tower - Citigroup Jeffrey Bernstein - Barclays Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank Dennis Geiger - UBS Jim Sanderson - Northcoast Research Rahul Krotthapalli - JPMorgan Brian Bittner - Oppenheimer Operator Good afternoon. My name is Brianna and I will be your conference operator today.
- 05/08/2024
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Here's What Key Metrics Tell Us About Cheesecake Factory (CAKE) Q1 Earnings
- While the top- and bottom-line numbers for Cheesecake Factory (CAKE) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 05/08/2024
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Cheesecake Factory (CAKE) Q1 Earnings and Revenues Surpass Estimates
- Cheesecake Factory (CAKE) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.61 per share a year ago.
- 05/08/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 05/07/2024
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Unveiling Cheesecake Factory (CAKE) Q1 Outlook: Wall Street Estimates for Key Metrics
- Get a deeper insight into the potential performance of Cheesecake Factory (CAKE) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 05/07/2024
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Why Cheesecake Factory (CAKE) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 05/03/2024
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Cheesecake Factory (CAKE) Reports Next Week: Wall Street Expects Earnings Growth
- Cheesecake Factory (CAKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/01/2024
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The Cheesecake Factory Celebrates Moms With Sweet Online Gift Card Offer
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE), known for its extensive menu, generous portions and legendary desserts, is making Mother's Day shopping sweeter with a special online gift card offer: For every $50 in Gift Cards purchased online in a single transaction from Monday, April 29, 2024 through Mother's Day, Sunday, May 12, 2024, guests will receive a complimentary $10 Bonus Card redeemable May 13, 2024 through June 5, 2024*. With an extensive menu of m.
- 04/29/2024
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The Cheesecake Factory Has Potential As A Value Play Based On Fundamentals
- Based on my fundamental analysis and comparisons to industry peers, I believe The Cheesecake Factory should be considered as a long-term investment. CAKE has consistently grown its revenue over the past 10 years and has effectively managed costs in a challenging industry. Investors should monitor factors such as ROIC, free cash flow, and share buyback ratio to assess the company's future performance.
- 04/23/2024
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Why Cheesecake Factory (CAKE) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 04/18/2024
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The Cheesecake Factory to Webcast First Quarter Fiscal 2024 Earnings Conference Call on May 8, 2024
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release first quarter fiscal 2024 financial results after market close on Wednesday, May 8, 2024. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on the C.
- 04/17/2024
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22 Q1 Attractive All-Star Dogs From AAII And Barron's
- March 2024 AAII Journal, screens, and a Barron's reporters combined to list two sets of stocks herewith called: “AAII/Barron's All-Stars Q1/24”. The AII article was titled 'Stock Screen All-Stars', and the Barron's piece was ‘5 Small Cap Stocks Poised to Rebound'. Here are 22 stocks of which fourteen pay dividends and one of those was ideal, showing dividends from 1K invested greater than its stock price as of 3/28/24.
- 03/31/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Momentum Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/29/2024
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) emphasizes the development of the rewards program to boost membership enrollment and engagement and drive frequency. Uncertain macroeconomic environments are a concern.
- 03/26/2024
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Go Contrarian: 3 Analyst ‘Sells' That Could Be Buys in Disguise
- When assessing the viability of contrarian stocks, it's generally better to go against the crowd, not against analysts. Retail investors can sometimes get sucked into groupthink.
- 03/25/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/15/2024
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Cheesecake Factory (CAKE) is a Top-Ranked Value Stock: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/14/2024
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Why Cheesecake Factory (CAKE) is a Top Momentum Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 03/13/2024
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Why Cheesecake Factory (CAKE) is a Top Growth Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 02/28/2024
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Here's Why Cheesecake Factory (CAKE) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 02/27/2024
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Cheesecake Factory (CAKE) Q4 Earnings Beat Estimates, Rise Y/Y
- Cheesecake Factory's (CAKE) fiscal fourth-quarter 2023 comps benefit from improved traffic and a favorable menu mix.
- 02/22/2024
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The Cheesecake Factory Incorporated (CAKE) Q4 2023 Earnings Call Transcript
- The Cheesecake Factory Incorporated (CAKE) Q4 2023 Earnings Call Transcript
- 02/21/2024
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Cheesecake Factory (CAKE) Reports Q4 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Cheesecake Factory (CAKE) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/21/2024
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Cheesecake Factory (CAKE) Q4 Earnings Beat Estimates
- Cheesecake Factory (CAKE) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.56 per share a year ago.
- 02/21/2024
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Trading Tepidly Lower Ahead of Key Earnings Reports
- While Palo Alto Networks is down on disappointing guidance, Toll Brothers shares are higher in late trading.
- 02/20/2024
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What's in Store for Cheesecake Factory's (CAKE) Q4 Earnings?
- Cheesecake Factory's (CAKE) Q4 performance will likely reflect solid off-premise sales and robust same-store sales growth. Yet, supply chain challenges and commodity inflation are a concern.
- 02/20/2024
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Best restaurant stocks to buy now
- Sinking your teeth into a juicy burger from your favorite fast-food chain is comfort food at its finest. But as an investor, capitalizing on a flourishing restaurant empire may prove even more delicious.
- 02/19/2024
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Cheesecake Factory (CAKE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Cheesecake Factory (CAKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/14/2024
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The Cheesecake Factory to Webcast Fourth Quarter Fiscal 2023 Earnings Conference Call on February 21, 2024
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release fourth quarter fiscal 2023 financial results after market close on Wednesday, February 21, 2024. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available o.
- 01/31/2024
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The Cheesecake Factory: A Bullish Case Of Restaurant Growth And 3% Dividend Yield
- The Cheesecake Factory gets a bullish rating today. Positive drivers include prior revenue, earnings, and dividend growth along with new restaurant growth and +3% dividend yield. Headwinds include what appears to be an overvalued price-to-book ratio driven by weak equity growth.
- 01/22/2024
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Flower Child: Owned By Cheesecake Factory And Expanding
- Sam Fox who launched Fox Restaurant Concepts has been an innovator and disrupter who once launched 15 independent eateries. Never one to duplicate himself, one of his eateries is called Flower Child known for its hippieish-style (hence its name), healthy menu, consisting of salads, grain bowls with chicken and avocado hummus.
- 12/27/2023
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) emphasizes accelerating its development activity to drive growth. However, uncertain macroeconomic environments are a concern.
- 11/24/2023
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Cheesecake Factory (CAKE) Down on Q3 Earnings & Revenue Miss
- Cheesecake Factory's (CAKE) fiscal third-quarter 2023 results reflect growth in comparable sales. Yet, the soft sales trend hurts.
- 11/02/2023
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The Cheesecake Factory Incorporated (CAKE) Q3 2023 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Etienne Marcus - Vice President, Finance and Investor Relations David Overton - Chairman and Chief Executive Officer David Gordon - President Matt Clark - Executive Vice President and Chief Financial Officer Conference Call Participants Andy Barish - Jefferies Sharon Zackfia - William Blair Joshua Long - Stephens Jon Tower - Citi Lauren Silberman - Deutsche Bank Brian Mullan - Piper Sandler Jeff Farmer - Gordon Haskett Jim Sanderson - Northcoast Research Brian Vaccaro - Raymond James David Tarantino - Baird Brian Bittner - Oppenheimer Katherine Griffin - Bank of America Brian Harbour - Morgan Stanley Operator Good afternoon. My name is Emma and I will be your conference operator today.
- 11/01/2023
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Shake Shack, Wingstop, Jack in the Box and The Cheesecake Factory each added to BofA analysts' menu of stock ratings
- Bank of America analysts must have gotten a little peckish while writing their reports this week. The firm initiated coverage of Shake Shack (NYSE:SHAK), Wingstop (NASDAQ:WING) and Jack in the Box Inc (NASDAQ:JACK), while reinstating its coverage of Cheesecake Factory Inc. (NASDAQ:CAKE).
- 10/06/2023
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Cheesecake Factory (CAKE) Banks on Off-Premise Model, Costs High
- Cheesecake Factory's (CAKE) focus on an off-premise business model and technology upgrades bode well. However, a volatile macro environment is a concern.
- 10/02/2023
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Tapping Into Trends: 7 Consumer Discretionary Stocks Set to Skyrocket
- Recent comments by Bank of America (NYSE: BAC ) CEO Brian Moynihan have increased my confidence in my thesis that the U.S. is heading for “a soft landing.” Specifically, Moynihan said the U.S. Federal Reserve already achieved “a soft landing.
- 09/30/2023
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The Cheesecake Factory: Beaten And Battered
- The stock has been crushed, down over 25% in two months, along with other niche restaurant operators and specialty retail stocks. Despite the sector-wide decline, operationally, nothing has changed for The Cheesecake Factory, with sales holding up and earnings remaining strong. The stock is now considered a value play, offering income with a yield approaching 4%, and growth is projected on earnings.
- 09/24/2023
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Jefferies' Andy Barish on consumer appetite for restaurants
- Andy Barish, Jefferies managing director, joins 'The Exchange' to discuss consumer spending in the restaurant sector.
- 09/08/2023
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Cheesecake Factory (CAKE) Q2 Earnings Top on Solid Comps
- Cheesecake Factory (CAKE) second-quarter 2023 results gain from robust same-store sales.
- 08/04/2023
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Cheesecake Factory (CAKE) Q2 Earnings Top, Revenues Lag
- Cheesecake Factory's (CAKE) fiscal second-quarter 2023 results reflect growth in comparable sales. Yet, construction challenges restrict restaurant openings.
- 08/03/2023
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The Cheesecake Factory Incorporated (CAKE) Q2 2023 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Etienne Marcus - VP, Finance and IR David Overton - Chairman and CEO David Gordon - President Matthew Clark - EVP and CFO Conference Call Participants Brian Mullan - Piper Sandler John Park - Wells Fargo Dennis Geiger - UBS Joshua Long - Stephens Inc. Brian Vaccaro - Raymond James Sharon Zackfia - William Blair Brian Harbour - Morgan Stanley Andy Barish - Jefferies David Tarantino - Baird John Ivankoe - JPMorgan Jeffrey Bernstein - Barclays Jim Sanderson - North Coast Research Operator Thank you for standing by. My name is Cindy and I will be your conference operator today.
- 08/02/2023
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Cheesecake Factory (CAKE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for Cheesecake Factory (CAKE) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 08/02/2023
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Cheesecake Factory (CAKE) Q2 Earnings Top Estimates
- Cheesecake Factory (CAKE) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.52 per share a year ago.
- 08/02/2023
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Cheesecake Factory 2Q financial results could leave investors unsatisfied: analysts
- The Cheesecake Factory Incorporated (CAKE) could serve up a less than appetizing sales outlook for year when the restaurant chain reports its second-quarter financial results on August 2, according to UBS analysts. In a note to clients, they pointed to potential consumer spending pressures and still elevated pricing in 2023 as being possible risks to traffic and revenue targets this year.
- 08/01/2023
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Comp Growth to Aid Cheesecake Factory's (CAKE) Q2 Earnings
- Cheesecake Factory's (CAKE) second-quarter 2023 performance is likely to have been aided by robust comparable restaurant sales growth.
- 07/31/2023
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Cheesecake Factory (CAKE) to Post Q2 Earnings: What's in Store?
- Cheesecake Factory's (CAKE) fiscal second-quarter performance is likely to have been aided by solid off-premise sales, robust same-store sales growth and unit-expansion efforts.
- 07/28/2023
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Toast Sets New Standard in Restaurant Management Platforms
- At first glance, it's easy to mistake Toast, Inc. NASDAQ: TOST as a delivery application like Door Dash Inc. NASDAQ: DASH or an Uber Technologies Inc. NASDAQ: UBER Uber Eats service when placing a restaurant online order. However, it's a complete restaurant ecosystem management platform.
- 07/26/2023
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The Cheesecake Factory to Webcast Second Quarter Fiscal 2023 Earnings Conference Call on August 2, 2023
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release second quarter fiscal 2023 financial results after market close on Wednesday, August 2, 2023. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on t.
- 07/12/2023
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Cheesecake Factory (CAKE) Jumps 24% in a Year: Can It Continue?
- Cheesecake Factory (CAKE) benefits from robust comp growth, off-premise sales and emphasis on FRC-related differentiated concepts.
- 07/04/2023
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3 Restaurant Stocks Ready To Rally
- Restaurant stocks have defied inflation and are producing growth in 2023. Leaders in the group are rallying and on track to set new highs, but the laggards, which are performing just as well as the leaders, are still suffering.
- 06/27/2023
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) focuses on rewards program and data analytics to boost guest engagement and drive incremental sales. Supply-chain constraints and inflationary pressures are a concern.
- 06/05/2023
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Cheesecake Factory (CAKE) Q1 Earnings Top, Revenues Lag
- Cheesecake Factory's (CAKE) first-quarter fiscal 2023 results gain from robust comps.
- 05/11/2023
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Cheesecake Factory (CAKE) Reports Q1 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Cheesecake Factory (CAKE) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/10/2023
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Is commercial real estate about to keel over? What tightening lending standards have historically meant for the economy.
- Spending on big ticket items like cars and houses normalized a while ago. But in Airbnb's pedestrian outlook, is there finally a sign that revenge travel after the pandemic has reached its peak?
- 05/10/2023
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What's in Store for Cheesecake Factory's (CAKE) Q1 Earnings?
- Cheesecake Factory's (CAKE) fiscal first-quarter performance is likely to have benefited from solid off-premise sales, FRC-related differentiated concepts and unit-expansion efforts.
- 05/09/2023
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Should Cheesecake Factory Stock Be On Your Menu?
- Cheesecake Factory (NASDAQ: CAKE) needs to catch up to the sit-down restaurant group regarding the restaurant rebound, but it may surprise investors with the next earnings report. Trends in the group suggest strength for Cheesecake Factory, and the company has been working to reclaim lost margin.
- 04/12/2023
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) emphasizes on FRC-related differentiated concepts and emerging brands to drive growth. However, inflationary pressure is a concern.
- 03/28/2023
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Restaurant Stock Has Room to Run
- Cheesecake Factory Inc (NASDAQ:CAKE) could jump to a fresh one-year high, according to data from Schaeffer's Senior Quantitative Analyst Rocky White.
- 03/09/2023
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GMS Q3 Earnings Miss Estimates, Adjusted EBITDA Up Y/Y (revised)
- GMS' third-quarter fiscal 2023 witnesses a slowdown in single-family construction and inclement weather.
- 03/03/2023
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The Cheesecake Factory Incorporated (CAKE) Q4 2022 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q4 2022 Results Conference Call February 22, 2023 5:00 PM ET Company Participants Etienne Marcus - VP, IR David Overton - Chairman and CEO David Gordon - President Matt Clark - EVP and CFO Conference Call Participants Joshua Long - Stephens Brian Vaccaro - Raymond James Dennis Geiger - UBS Jon Tower - Citigroup Brian Harbour - Morgan Stanley Lauren Silberman - Credit Suisse Jeffrey Bernstein - Barclays Drew North - Robert W. Baird Rahul Krotthapalli - JPMorgan Operator Good afternoon.
- 02/22/2023
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Cheesecake Factory (CAKE) Q4 Earnings Meet Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of 0% and 1.05%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2023
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Cheesecake Factory stock slips amid revenue miss, Teladoc stock falls on earnings beat
- Yahoo Finance's Jared Blikre looks at several stocks reporting earnings in the after-hours trading session.
- 02/22/2023
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Tasty Value In Restaurant Stocks - Here Are 3 Picks For 2023
- We track the performance of restaurant industry stocks. Easing inflationary cost pressure can be positive for margins and earnings as a bullish catalyst for share prices.
- 02/02/2023
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The Cheesecake Factory to Webcast Fourth Quarter Fiscal 2022 Earnings Conference Call on February 22, 2023
- CALABASAS HILLS, Calif.--( BUSINESS WIRE )--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release fourth quarter fiscal 2022 financial results after market close on Wednesday, February 22, 2023. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on the Company's website through March 24, 2023.
- 02/01/2023
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Cheesecake Factory stock holds steady following downgrade, recession forecasts
- Yahoo Finance Live checks out shares of Cheesecake Factory following stock downgrades by analysts.
- 01/25/2023
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Cheesecake Factory stock rally looks full, analysts say
- Can investors have their CAKE and eat it, too?
- 01/25/2023
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The Cheesecake Factory: Why Eating CAKE Could Be A Good Idea
- In this article, we're going to take a look at the Cheesecake Factory, a Restaurant chain based in the US. The company has seen significant volatility, but has bounced back. The company currently trades at a high multiple - but only if we look at current trends. Outside of current trends, this company is potentially undervalued.
- 01/19/2023
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Full-service restaurants could see a decline as consumers cut costs
- CNBC's Pippa Stevens joins 'The Exchange' to discuss a growing divide in the restaurant industry, the forces influencing consumers' dining preferences and waning demand post-pandemic.
- 01/17/2023
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7 Short-Term Stocks to Make a Move on Now
- While most investors should probably steer clear of day trading as the activity could lead to certain legal ramifications, some folks may need to seek short-term stocks for quick gains. In that case, market participants should focus on names that stand poised for big moves.
- 12/20/2022
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Wall Street Wobbles on Cheesecake Factory as Consumers Skip Restaurants
- With inflation-sensitive diners seeking budget-friendly restaurant alternatives, Goldman Sachs has turned bearish on Cheesecake Factory. This, as the powerful investment bank downgraded the restaurant chain to sell from neutral, Seeking Alpha reported Monday (Dec. 12), predicting the mall-based brand will suffer from traffic declines and fewer customers as inflation rises.
- 12/13/2022
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Cheesecake Factory stock rises despite Goldman Sachs downgrade
- Shares of Cheesecake Factory are moving higher despite an analyst downgrade and price target cut by Goldman Sachs.
- 12/12/2022
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The Cheesecake Factory Shows You Can Have It and Eat It Too
- Restaurant operator The Cheesecake Factory (NASDAQ: CAKE) stock remains buoyant despite reporting a surprise loss in its Q3 2022 earnings.
- 11/09/2022
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Cheesecake Factory (CAKE) Q3 Earnings Lag Estimates, Fall Y/Y
- Cheesecake Factory's (CAKE) fiscal third-quarter margins are impacted by higher-than-anticipated operating expenses in utilities and building maintenance.
- 11/02/2022
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Cheesecake Factory Stock Crumbles After Q3 Results
- Cheesecake Factory Inc (NASDAQ:CAKE) stock is dropping lower today after the company posted third-quarter losses of 3 cents per share on revenue of $784.00 million, which is lower than the estimated profits of 28 cents per share on $799.38 million.
- 11/02/2022
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The Cheesecake Factory Incorporated (CAKE) Q3 2022 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q3 2022 Earnings Conference Call November 1, 2022 5:00 PM ET Company Participants Etienne Marcus - VP of Finance and IR David Overton - Chairman and CEO David Gordon - President Matthew Clark - EVP and CFO Conference Call Participants Nicole Miller - Piper Sandler Sharon Zackfia - William Blair Andy Barish - Jefferies Jared Garber - Goldman Sachs Brian Harbour - Morgan Stanley Jeff Farmer - Gordon Haskett Jeffrey Bernstein - Barclays David Tarantino - Baird Joshua Long - Stephens Inc. Brian Mullan - Deutsche Bank Lauren Silberman - Credit Suisse Operator Hello, my name is, Lisa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q3 2022 The Cheesecake Factory Earnings Conference Call.
- 11/01/2022
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Cheesecake Factory (CAKE) Reports Q3 Loss, Misses Revenue Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of -110.71% and 1.92%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
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Cheesecake Factory stock down 10% after restaurant chain posts surprise quarterly loss
- Shares of Cheesecake Factory Inc. CAKE, -4.69% dropped more than 10% in the extended session Tuesday after the restaurant chain surprised investors with a quarterly loss and sales that were below Wall Street expectations, saying that inflation and higher costs continued to eat away at its operations. Cheesecake Factory lost $2.4 million, or 5 cents a share, in the fiscal third quarter, swinging from earnings of $33 million, or 64 cents a share, in the year-ago period.
- 11/01/2022
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Restaurant stocks serve up some outsized gains
- Full-service restaurants lead the market. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
- 10/17/2022
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Cheesecake Factory: A Much Better Year Ahead
- Cheesecake Factory released its Q2 results in late July, reporting comp sales growth of 4.7%, driven primarily by pricing, but outperforming its peer group. Still, margins remained under pressure due to commodity/wage inflation and higher maintenance/utility costs, with cost of goods and labor up a combined ~340 basis points year-over-year.
- 10/06/2022
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Cheesecake Factory (CAKE) Down 34% in a Year: Is the Worst Over?
- Cheesecake Factory (CAKE) benefits from sales-building efforts and robust digitalization.
- 09/07/2022
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The Cheesecake Factory: Strong Second Quarter Results Consistent With Long-Term Outperformance Thesis
- F2Q2022 revenues of ~$833 million were below analyst projections by ~$5 million. Earnings per share of $0.50 missed consensus estimates by $0.28.
- 07/31/2022
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The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q2 2022 Results - Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q2 2022 Earnings Conference Call July 27, 2022 5:00 PM ET Company Participants Etienne Marcus - Vice President of Finance and Investor Relations David Overton - Chairman and Chief Executive Officer David Gordon - President Matthew Clark - Executive Vice President and Chief Financial Officer Conference Call Participants Nicole Miller - Piper Sandler Sharon Zackfia - William Blair Jared Garber - Goldman Sachs Brian Bittner - Oppenheimer Jeffrey Bernstein - Barclays John Glass - Morgan Stanley Brian Vaccaro - Raymond James Jon Tower - Citi Andy Barish - Jefferies Brian Mullan - Deutsche Bank Operator Good afternoon. My name is Emma, and I will be your conference operator today.
- 07/27/2022
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Cheesecake Factory (CAKE) Lags Q2 Earnings and Revenue Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of -33.33% and 0.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2022
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The Cheesecake Factory: Have The CAKE And Eat It
- The Cheesecake Factory is attractive on many levels. It trades far below its past valuation and figures are still recovering. The share price is too severely punished while the company's fundamental figures improved. Long-term investors get a bargain with significant upside potential.
- 06/28/2022
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The 7 Best High-Yield Stocks to Buy Now
- Buy-and-hold investors are looking for the best high-yield stocks to navigate the choppiness on Wall Street The post The 7 Best High-Yield Stocks to Buy Now appeared first on InvestorPlace. More From InvestorPlace $200 Oil Sooner Than You Think – Buy This Now Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn't matter if you have $500 in savings or $5 million.
- 06/15/2022
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) focuses on operational changes and technology upgrades to drive growth. However, inflationary pressure is a concern.
- 05/31/2022
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The Cheesecake Factory: Solid First Quarter Results Consistent With Long-Term Outperformance Thesis
- F1Q2022 revenues of ~$794 million beat analyst projections by ~$11 million. Earnings per share of $0.45 missed consensus estimates by $0.06.
- 05/31/2022
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Why Is Cheesecake Factory (CAKE) Down 11.9% Since Last Earnings Report?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock?
- 05/27/2022
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3 Small Caps With Big Return Potential
- In a year in which the risk-on trade has been muted, U.S. small cap stocks are holding up relatively well. In fact, the historically more volatile asset class is down approximately 13% year-to-date compared to 15% for U.S. large caps
- 05/18/2022
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Cheesecake Factory (CAKE) Q1 Earnings Lag Estimates, Rise Y/Y
- Cheesecake Factory's (CAKE) first-quarter fiscal 2022 top line reflects solid contributions from the off-premise sales.
- 04/28/2022
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The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q1 2022 Earnings Call Transcript
- The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q1 2022 Earnings Conference Call April 27, 2022 5:00 PM ET Company Participants Etienne Marcus - VP, Finance and IR David Overton - Chairman and CEO David Gordon - President Matthew Clark - EVP and CFO Conference Call Participants Nicole Miller - Piper Sandler Sharon Zackfia - William Blair Brian Bittner - Oppenheimer Jeff Farmer - Gordon Haskett John Glass - Morgan Stanley David Tarantino - Baird Lauren Silberman - Credit Suisse Dennis Geiger - UBS Jared Garber - Goldman Sachs John Ivankoe - JPMorgan Jeffrey Bernstein - Barclays Brian Vaccaro - Raymond James Jon Tower - Citi Operator Good afternoon. My name is Emma, and I will be your conference operator today.
- 04/27/2022
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Cheesecake Factory (CAKE) Misses Q1 Earnings Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of -6% and 1.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/27/2022
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What's in Store for Cheesecake Factory (CAKE) Q1 Earnings?
- Cheesecake Factory's (CAKE) fiscal first-quarter performance is likely to have benefited from solid off-premise sales, enhancement of marketing and technology platforms and unit-expansion efforts.
- 04/22/2022
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Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
- Cheesecake Factory (CAKE) continues to focus on unit development and maintenance to drive growth. However, inflationary pressure is a concern.
- 04/01/2022
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The Cheesecake Factory to Webcast First Quarter Fiscal 2022 Earnings Conference Call on April 27, 2022
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release first quarter fiscal 2022 financial results after market close on Wednesday, April 27, 2022. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on th
- 03/30/2022
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The Cheesecake Factory: Solid Fourth Quarter Sales Growth Solidifies Strong Long-Term Outlook
- F4Q2021 revenues of ~$777 million beat analyst projections by ~$2 million.
- 03/27/2022
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The Cheesecake Factory: Shares Are Now Reasonably Attractive
- The Cheesecake Factory has had a rough couple of years even as the business expanded its physical footprint and sales.
- 03/23/2022
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Why Is Cheesecake Factory (CAKE) Down 6.9% Since Last Earnings Report?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock?
- 03/18/2022
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Cheesecake Factory is Reversing Higher
- Restaurant operator Cheesecake Factory (NASDAQ: CAKE) stock spiked on its Q4 2021 earnings only to plunge with the benchmark indexes sell-off.
- 03/07/2022
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Cheesecake Factory (CAKE) Stock Up Despite Q4 Earnings Miss
- Cheesecake Factory (CAKE) fourth-quarter fiscal 2021 results benefit from robust comps.
- 02/17/2022
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The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q4 2021 Results - Earnings Call Transcript
- The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q4 2021 Results - Earnings Call Transcript
- 02/16/2022
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Cheesecake Factory (CAKE) Q4 Earnings and Revenues Miss Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of -16.95% and 0.16%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/16/2022
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The Cheesecake Factory to Webcast Fourth Quarter Fiscal 2021 Earnings Conference Call on February 16, 2022
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release fourth quarter fiscal 2021 financial results after market close on Wednesday, February 16, 2022. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available o
- 01/19/2022
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5 Very Different Ideas For A Tricky 2022 Investing Environment
- By almost any standard the overall stock market is very expensive right now. But the economy looks like it can still grow in the first half of 2022, and potentially longer than that.
- 01/09/2022
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Cheesecake Factory (CAKE) Down 24% in 6 Months: Is a Revival Likely?
- Cheesecake Factory (CAKE) is likely to benefit from a robust off-premise business model, contactless menu, menu innovation and operational changes.
- 01/05/2022
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Most Tech Stocks Remain Expensive, But These 3, Cheap, Food-Related Stocks Could Shine
- Most speculative tech stocks are in a bear market, while the less speculative tech stocks remain expensive. Over the medium term, there are some safer food related stocks that could produce good returns even if the rest of the market struggles.
- 12/09/2021
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Restaurant Stocks: What's Going on With TACO, DIN, CAKE, MCD, BJRI and FRGI Today?
- Restaurant stocks are on the move Monday and we're diving into today's news to give traders all the details on why that's happening. The post Restaurant Stocks: What's Going on With TACO, DIN, CAKE, MCD, BJRI and FRGI Today?
- 12/06/2021
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The Cheesecake Factory: Well Positioned To Deliver On Growth Catalysts
- The Cheesecake Factory: Well Positioned To Deliver On Growth Catalysts
- 11/08/2021
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The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q3 2021 Results - Earnings Call Transcript
- The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q3 2021 Results - Earnings Call Transcript
- 11/03/2021
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ESG Performance: Companies Talk The Talk But Which Are Walking The Walk?
- A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions.
- 11/03/2021
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Why Cheesecake Factory (CAKE) is a Top Growth Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 11/01/2021
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Cheesecake Factory: Strong Restaurant Profit Performance During Covid-19 Pandemic
- The Behavioral Analysis Capital Gains Checklist. This is NOT a list of common investment mistakes people make.
- 10/15/2021
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Cheesecake Factory (CAKE) Rises 57% in a Year: Here's Why
- Cheesecake Factory (CAKE) is well poised on easing of pandemic-induced restrictions, solid off-premise sales contribution and advancement in digital capabilities.
- 10/06/2021
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The Cheesecake Factory to Webcast Third Quarter Fiscal 2021 Earnings Conference Call on November 3, 2021
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release third quarter fiscal 2021 financial results after market close on Wednesday, November 3, 2021. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on
- 10/06/2021
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Here's a Software-as-a-Service Stock I Just Bought
- This company is attempting to transform how the restaurant industry sells food.
- 10/02/2021
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Here's Why Cheesecake Factory (CAKE) is a Strong Momentum Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/29/2021
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What Is Total Value Locked?
- It's a metric investors should understand if they want to be successful in entering the decentralized finance space.
- 09/29/2021
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Options bulls bite into Cheesecake Factory
- "Halftime Report"O trader Jon Najarian spots unusual activity in the options market
- 09/24/2021
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Here are the top restaurant stocks to buy right now: analyst
- Jefferies Managing Director – Equity Research Andy Barish joins Yahoo Finance to discuss the growth outlook for restaurants, the effects of the delta variant, and the labor shortages in restaurants. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 09/24/2021
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Jefferies Bull Note Pushes Cheesecake Factory Stock Higher
- The shares of Cheesecake Factory Inc (NASDAQ:CAKE) are up 4.9% at $49.40 this morning, after the restaurant received an upgrade from Jefferies to "buy" from "hold," as well as a price-target hike to $60 from $55.
- 09/24/2021
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This Restaurant Chain Has A Better 1-Year Return Than Peloton, Facebook, Disney And Zoom
- Cheesecake Factory Inc (NASDAQ: CAKE) provides a larger-than-life menu that's delivered even bigger gains over the past year. Since September 2020, Cheesecake Factory stock's one-year return has outperformed a number of the world's most popular tech and entertainment companies: Peloton Interactive Inc (NASDAQ: PTON), Facebook, Inc. (NASDAQ: FB), Walt Disney Co (NYSE: DIS) and Zoom Video Communications Inc (NASDAQ: ZM).
- 09/16/2021
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The Cheesecake Factory: Is This Restaurant Stock a Buy?
- The Cheesecake Factory stock is down since its last earnings report, but could shareholders expect a rebound as people make their way back to the company's restaurants?
- 09/13/2021
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Buy this Under-the-Radar Crypto Before it Pops
- Massive capital inflows are coming to the decentralized exchange behind this totally not-a-breakfast token.
- 09/04/2021
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Consumer-Service Stocks Have Underperformed. Why It's Their Time to Shine.
- As growth in the daily number of new Covid-19 cases slows---and with consumers financially healthy---the shares look due for a run.
- 08/30/2021
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Here's How Tanger Outlets Will Win the Fight Against E-Commerce
- The outlet REIT's business has rebounded quite well, but could still have more improvement ahead.
- 08/28/2021
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7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover
- Restaurant stocks like RUTH stock were punished as the pandemic resulted in lockdowns and emptied offices, but they are poised for a comeback. The post 7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover appeared first on InvestorPlace.
- 08/04/2021
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Call Traders Circle CAKE Days After Earnings
- The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant and distributor of cheesecakes.
- 08/03/2021
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The Cheesecake Factory: Strong Long-Term Outlook Back On Track As Pandemic Recedes
- The Cheesecake Factory: Strong Long-Term Outlook Back On Track As Pandemic Recedes
- 07/29/2021
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Why The Cheesecake Factory Stock Fell 12.5% at the Open Today
- The restaurateur posted earnings, which were actually pretty good. But it seems there was other news investors didn't like.
- 07/28/2021
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The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q2 2021 Results - Earnings Call Transcript
- The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q2 2021 Results - Earnings Call Transcript
- 07/27/2021
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Cheesecake Factory (CAKE) Tops Q2 Earnings and Revenue Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of 6.67% and 2.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2021
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What's in Store for Cheesecake Factory (CAKE) Q2 Earnings?
- Cheesecake Factory's (CAKE) fiscal second-quarter results are likely to reflect robust off-premise sales and pent-up dining demand. Rising expenses and labor costs are concerning.
- 07/23/2021
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Cheesecake Factory (CAKE) Reports Next Week: Wall Street Expects Earnings Growth
- Cheesecake Factory (CAKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/20/2021
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Restaurant Sales Bouncing Back to Pre-Pandemic Highs: 5 Picks
- Restaurant sales are picking up, helping companies like Ruths Hospitality Group, Inc. (RUTH), Papa John's International, Inc. (PZZA) and The Wendy's Company (WEN).
- 07/20/2021
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Raymond James Turns Bullish On Cheesecake Factory
- A recent pullback in the share price of Cheesecake Factory Inc (NASDAQ:CAKE) before second-quarter earnings has Raymond James analysts bullish. The Cheesecake Factory Analyst: Brian Vaccaro upgraded the firm's ratings of Cheesecake Factory from Market Perform to Outperform, setting a price target of $60.
- 07/12/2021
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Cheesecake Factory (CAKE) Shares Up 39% YTD: More Upside Left?
- Cheesecake Factory (CAKE) benefits from robust off-premise sales mix. This along with focus on third-party delivery services and product introductions bode well.
- 07/12/2021
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Where Cheesecake Factory Stands With Analysts
- Within the last quarter, Cheesecake Factory (NASDAQ:CAKE) has observed the following analyst ratings: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 0 Somewhat Bullish 1 0 0 1 Indifferent 0 0 0 4 Somewhat Bearish 0 0 0 1 Bearish 0 0 0 0 In the last 3 months, 8 analysts have offered 12-month price targets for Cheesecake Factory. The company has an average price target of $57.75 with a high of $70.00 and a low of $41.00.
- 07/12/2021
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Restaurant Stock Moves Higher on Upgrade
- The shares of Cheesecake Factory Inc (NASDAQ:CAKE) are higher this morning, up 2.8% at $53.08 at last check, after Raymond James upgraded the restaurant concern to "outperform" from "market perform.
- 07/12/2021
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Cheesecake Factory (CAKE) Sees Hammer Chart Pattern: Time to Buy?
- Cheesecake Factory (CAKE) has been struggling lately, but the selling pressure may be coming to an end soon.
- 07/07/2021
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These industries may face the most pressure from rising wages
- CNBC's Kelly Evans discusses rising wage pressures with Adam Virgadamo, head of U.S. thematic investing and U.S. equity strategist at Morgan Stanley. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 07/02/2021
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Casual dining leads restaurant recovery in the U.S.
- Americans are returning to restaurants in droves, but where are they eating and how much are they spending? CNBC's Kate Rogers reports.
- 06/30/2021
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The Cheesecake Factory to Webcast Second Quarter Fiscal 2021 Earnings Conference Call on July 27, 2021
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release second quarter fiscal 2021 financial results after market close on Tuesday, July 27, 2021. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on the
- 06/29/2021
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The Cheesecake Factory Provides Recapitalization Update
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today provided a recapitalization update following the completion of its recent offerings of $345 million of 0.375% convertible senior notes due 2026 and $175 million of shares of the Company's common stock. As previously disclosed, the Company used the net proceeds from the offerings to fund approximately $457.4 million payable in connection with the repurchase of 150,000 shares of its previously outst
- 06/28/2021
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What Is The Likelihood Of Cheesecake Factory's Stock Rising?
- The Cheesecake Factory stock has fallen 4.9% over the last five trading days after the company announced that it plans to offer $300 million of convertible senior notes due 2026 and $175 million of common stock. In comparison the broader S&P500 fell by 0.5% over the last five trading days.
- 06/21/2021
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The Cheesecake Factory Incorporated Prices Offerings of Convertible Senior Notes and Common Stock
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) (the “Company”) today announced the pricing of its concurrent public offerings of $300,000,000 aggregate principal amount of 0.375% convertible senior notes due 2026 (the “notes”) and 3,125,000 shares of common stock, at a public offering price of $56.00 per share. The issuance and sale of the notes and common stock are scheduled to settle on June 15, 2021, subject to customary closing conditions. The C
- 06/11/2021
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Why The Cheesecake Factory Stock Dropped Today
- The company is getting rid of the preferred stock it issued to increase liquidity during 2020.
- 06/10/2021
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Cheesecake Factory (CAKE) Posts Q2 Business Update, Comps Rise
- Cheesecake Factory???s (CAKE) second-quarter fiscal 2021 comps reflect solid growth on the back of its off-premise sales mix.
- 06/03/2021
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Cheesecake Factory stock jumps after upbeat sales update
- Shares of Cheesecake Factory Inc. rose 1.8% in premarket trading Wednesday, after the restaurant chain provided an upbeat sales update. The company said for the fiscal second-quarter through May 31 (the first quarter ended March 30), same-store sales rose 196% from a year ago, as one-third of sales was off-premise.
- 06/02/2021
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Cheesecake Factory (CAKE) Outruns Industry in Past 6 Months
- Cheesecake Factory's (CAKE) increased focus on its off-premise business model and investments in digital technology bode well.
- 05/18/2021
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The Cheesecake Factory: Trends Indicate Substantial Growth Ahead For Dine-In Leader
- F1Q2021 revenues of ~$627 million beat analyst projections by ~$24 million.
- 05/05/2021
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Consumer demand patterns: A look at why restaurants are seeing an uptick in bookings
- Yahoo Finance's Brian Sozzi weighs in on the Jefferies U.S. Economic Activity Index, Foot Traffic Index and U.S restaurant bookings as indicator as to what consumers are buying as the economy reopens. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 05/04/2021
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Cheesecake Factory and Texas Roadhouse Have Rallied too Fast too Soon
- The shares of Cheesecake Factory (CAKE) and Texas Roadhouse (TXRH) have rallied too fast too soon, according to Quo Vadis Capital President John Zolidis.
- 05/03/2021
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Top Ranked Momentum Stocks to Buy for May 3rd
- Top Ranked Momentum Stocks to Buy for May 3rd
- 05/03/2021
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The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q1 2021 Results - Earnings Call Transcript
- The Cheesecake Factory Incorporated (CAKE) CEO David Overton on Q1 2021 Results - Earnings Call Transcript
- 04/29/2021
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Earnings Outlook For Cheesecake Factory
- Cheesecake Factory (NASDAQ:CAKE) announces its next round of earnings this Wednesday, April 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.
- 04/27/2021
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Today's Top Shorts Since Good News May Already Be Priced In
- The Dow Jones fell 120 points, the S&P 500 lost 0.3%, and the Nasdaq dipped 0.3%. But investors can find opportunities with today's best short plays.
- 04/20/2021
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AMD, Boston Scientific, Intel, Nvidia and More Thursday Afternoon Analyst Calls
- With the trading day about halfway over, the broad markets were pushing much higher with solid gains across the board.
- 04/15/2021
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Cheesecake Factory (CAKE) Up 16.8% Since Last Earnings Report: Can It Continue?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock?
- 03/19/2021
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Outdoor dining will be a mainstay beyond Covid: Shake Shack founder
- Danny Meyer, Shake Shack founder and Union Square Hospitality Group CEO, joins 'Squawk Box' to discuss why he's hopeful for the restaurant industry, the return of indoor dining and more.
- 03/19/2021
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The Cheesecake Factory to Present at the Raymond James 42nd Annual Institutional Investors Conference
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced that it will present at the Raymond James 42nd Annual Institutional Investors Conference on March 2, 2021 at 1:20 p.m. Eastern Time. David Gordon, President, and Matthew Clark, Executive Vice President and Chief Financial Officer, will present on behalf of the Company. The presentation will be webcast on the Company's website at investors.thecheesecakefactory.com. A replay of the webcast
- 02/24/2021
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The Cheesecake Factory: Converting Into An Off-Premise Growth Story - Raising Price Target On Improving Long-Term Growth Outlook
- F4Q2020 revenues of ~$555 million were ~$43 million below analyst projections. Loss Per Share of $0.85 missed consensus estimates by $0.71.
- 02/23/2021
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Cheesecake Factory (CAKE) Q4 Earnings Miss Estimates, Fall Y/Y
- Cheesecake Factory's (CAKE) fourth-quarter fiscal 2020 results hurt by dining room closures and capacity restrictions stemming from a rise in COVID-19 cases.
- 02/18/2021
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The Cheesecake Factory's (CAKE) CEO David Overton on Q4 2020 Results - Earnings Call Transcript
- The Cheesecake Factory's (CAKE) CEO David Overton on Q4 2020 Results - Earnings Call Transcript
- 02/17/2021
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Cheesecake Factory (CAKE) Reports Q4 Loss, Misses Revenue Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of -255.56% and -8.18%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/17/2021
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Cheesecake Factory: Q4 Earnings Insights
- Shares of Cheesecake Factory (NASDAQ:CAKE) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 155.17% year over year to ($0.32), which missed the estimate of ($0.04).
- 02/17/2021
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Cheesecake Factory's Earnings: A Preview
- Cheesecake Factory (NASDAQ:CAKE) announces its next round of earnings this Wednesday, February 17. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.
- 02/16/2021
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The Cheesecake Factory Encourages Random Acts of Kindness All Week With Online Gift Card Promotion, Delivery Offer and Donation to Feeding America
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE) is commemorating Random Acts of Kindness Day all week with a special online gift card offer in addition to a promotion on DoorDash that benefits Feeding America®. Through Sunday, February 21, for every $50 in Gift Cards purchased online at shop.thecheesecakefactory.com, guests will receive a complimentary $10 Bonus Card*. With more than 250 menu selections – handmade, in-house with fresh ingredients – and more than
- 02/16/2021
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Factors Likely to Shape Cheesecake's (CAKE) Earnings in Q4
- Cheesecake Factory's (CAKE) fourth-quarter fiscal 2020 results are likely to reflect dismal traffic and high costs.
- 02/12/2021
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Restaurant Stock Enjoys Overdue Bull Notes
- The Cheesecake Factory Incorporated (NASDAQ:CAKE) is up 2.4% to trade at $42.56 today, a chip-shot from its Feb. 20 annual high of $43.
- 01/20/2021
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The Cheesecake Factory to Webcast Fourth Quarter Fiscal 2020 Earnings Conference Call on February 17, 2021
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release fourth quarter fiscal 2020 financial results after market close on Wednesday, February 17, 2021. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available o
- 01/19/2021
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How Covid Derailed The Cheesecake Factory's Success
- Americans love The Cheesecake Factory. The restaurant known for its massive 21-page menu, dozens of dessert options and ancient Egypt-inspired decor was ranked as one of the top casual dining restaurants in the U.S. in 2019.
- 01/19/2021
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The Cheesecake Factory Makes Ditching Your New Year's Resolutions Twice as Sweet With Two Free Slices of Cheesecake
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--Keeping New Year's resolutions can be difficult and The Cheesecake Factory® (NASDAQ: CAKE) is making ditching your resolutions extra sweet. On Monday, January 11, guests will be treated to two – yes, two – complimentary slices of any of The Cheesecake Factory's more than 30 legendary flavors of cheesecake with their online take-out or delivery order of $30 or more by using promo code “TWOSLICES” at checkout*. “We hope our cheesecake helps our guests sta
- 01/11/2021
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The Cheesecake Factory: Undervalued With Little Downside Risk Over The Medium Term
- CAKE is selling at a discount even at low growth levels. Cheesecake Factory growth rate is likely stalled for the next few years.
- 12/29/2020
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Former Papa John's CEO believes in 'the resilience of the restaurant industry'
- Yahoo Finance's Julie Hyman, Brian Sozzi, and Myles Udland speak with former Papa John's CEO Steve Ritchie about his bet on the restaurant industry amid COVID-19.
- 12/28/2020
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3 Restaurant Stocks to Gain Big With the Vaccine Rollout
- Restaurant industry is likely to benefit from the vaccine rollout. Following the vaccine rollout, dine-in option should become safe and traffic is likely to increase.
- 12/28/2020
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The Cheesecake Factory Makes Last Minute Holiday Shopping Twice as Sweet With Double the Rewards Online December 18-25, 2020
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE) is sharing twice the joy with last-minute holiday shoppers, offering two eSlice of Joy Cards for every $25 in gift cards or eGift cards purchased online at shop.thecheesecakefactory.com from Friday, December 18, 2020 through Christmas Day, Friday December 25, 2020* – that's double the number of eSlice of Joy Cards that will be offered for the remainder of the year. Each eSlice of Joy Card is redeemable for one comp
- 12/18/2020
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The Law Offices of Frank R. Cruz Announces Investigation of The Cheesecake Factory Incorporated (CAKE) on Behalf of Investors
- LOS ANGELES--(BUSINESS WIRE)---- $CAKE #classaction--The Law Offices of Frank R. Cruz announces an investigation of The Cheesecake Factory Incorporated (“Cheesecake Factory” or the “Company”) (NASDAQ: CAKE) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. In the early stages of the COVID-19 pandemic, on March 23, 2020 and April 3, 2020, the Company disclosed that its restaurants were "operating sust
- 12/10/2020
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ROSEN, TOP RANKED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against The Cheesecake Factory Incorporated - CAKE
- New York, New York--(Newsfile Corp. - December 10, 2020) - Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Cheesecake Factory Incorporated (NASDAQ: CAKE) resulting from allegations that Cheesecake Factory may have issued materially misleading business information to the investing public.Early in the COVID-19 pandemic, on March 23, 2020 and April 3, 2020, Cheesecake Factory said that its restaurants were "operating sustainably."...
- 12/10/2020
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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of The Cheesecake Factory Incorporated (CAKE) on Behalf of Investors
- BENSALEM, Pa.--(BUSINESS WIRE)---- $CAKE #CLASSACTION--INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of The Cheesecake Factory Incorporated (CAKE) on Behalf of Investors
- 12/09/2020
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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of The Cheesecake Factory Incorporated (CAKE) on Behalf of Investors
- LOS ANGELES--(BUSINESS WIRE)---- $CAKE #classaction--Glancy Prongay & Murray LLP, Leading Securities Law Firm, Announces Investigation of The Cheesecake Factory Incorporated (CAKE) on Behalf of Investors
- 12/09/2020
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INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against The Cheesecake Factory Incorporated and Encourages Investors with Losses of $100,000 to Contact the Firm
- LOS ANGELES--(BUSINESS WIRE)---- $CAKE #CAKE--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against The Cheesecake Factory Incorporated.
- 12/09/2020
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CHEESECAKE FACTORY ALERT: Bragar Eagel & Squire, P.C. is Investigating The Cheesecake Factory Incorporated on Behalf of Cheesecake Factory Stockholders and Encourages Investors to Contact the Firm
- NEW YORK--(BUSINESS WIRE)-- #CAKE--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against The Cheesecake Factory Incorporated (NASDAQ: CAKE) on behalf of Cheesecake Factory stockholders. Our investigation concerns whether Cheesecake Factory has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. Early pandemic, on March 23, 2020 and April 3, 2020, Chees
- 12/08/2020
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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Cheesecake Factory Incorporated and Encourages Investors with Losses of $100,000 to Contact the Firm
- LOS ANGELES--(BUSINESS WIRE)---- $CAKE #CAKE--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Cheesecake Factory Incorporated.
- 12/07/2020
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ROSEN, A LEADING LAW FIRM, Continues to Investigate Securities Claims Against The Cheesecake Factory Incorporated – CAKE
- NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Cheesecake Factory Incorporated (NASDAQ: CAKE) resulting from allegations that Cheesecake Factory may have issued materially misleading business information to the investing public.
- 12/07/2020
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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against The Cheesecake Factory Incorporated – CAKE
- NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Cheesecake Factory Incorporated (NASDAQ: CAKE) resulting from allegations that Cheesecake Factory may have issued materially misleading business information to the investing public. Early pandemic, on March 23, 2020 and April 3, 2020, Cheesecake Factory said that its restaurants were "operating sustainably." In reality, the Comp
- 12/07/2020
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Cheesecake Factory settles SEC claims of misleading investors about coronavirus fallout
- The case is the first from the Securities and Exchange Commission charging a publicly traded company with misleading investors about the financial effects of the pandemic.
- 12/04/2020
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SEC fines Cheesecake Factory for hiding COVID-fueled cash burn
- The feds served The Cheesecake Factory a $125,000 fine for allegedly hiding how much cash it was hemorrhaging early in the coronavirus crisis. The restaurant chain agreed to fork over the payment in a Friday settlement with the Securities and Exchange Commission that involved the regulator's first charges against a publicly traded company for misleading.
- 12/04/2020
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SEC Says Cheesecake Factory Misled Investors On COVID-19 Impact, Fines Restaurant Chain
- Casual restaurant chain Cheesecake Factory Inc (NASDAQ: CAKE) said it will pay a $125,000 fine to the U.S. Securities and Exchange Commission for making misleading statements in late March and early April, the SEC said in a Friday statement. What Happened: Cheesecake Factory said on March 23 and April 3 that its restaurants were "operating sustainably" during the early days of the COVID-19 pandemic.
- 12/04/2020
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Cheesecake Factory Settles With SEC Over Covid-19 Filings
- The restaurant chain agreed to a $125,000 fine, but did not admit wrongdoing.
- 12/04/2020
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Cheesecake Factory slammed with $125,000 fine from SEC
- Yahoo Finance's Dan Roberts and Myles Udland report on Cheesecake Factory being slammed with $125,000 in fines for misrepresenting their finances. #CheesecakeFactory #CheesecakeFactorySEC #CheesecakeFactorystock For 2020 election results please visit: Election results: https://www.yahoo.com/elections Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
- 12/04/2020
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U.S. regulator fines The Cheesecake Factory for misleading COVID-19 impact disclosures
- The U.S. Securities and Exchange Commission said on Friday it had fined restaurant chain The Cheesecake Factory $125,000 to settle charges that it misled investors about the impact of the pandemic on its business, the first such case brought by the regulator.
- 12/04/2020
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The Cheesecake Factory slammed with $125,000 fine by the SEC over claims it lied to investors about how much money its restaurants were actually losing during the pandemic
- When The Cheesecake Factory told investors in March that it was "operating sustainably," it was actually forecasting just 16 weeks of cash remaining and telling landlords its couldn't pay rent, according to the Securities and Exchange Commission. Because of the omissions, the chain agreed to pay a $125,000 federal fine, the SEC said Friday, in the first regulatory action against a company over claims of illegal actions during the pandemic. The Cheesecake Factory agreed to the fine without admitting to the charges.
- 12/04/2020
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Cheesecake Factory settles with SEC over misleading Covid risk disclosures, a first for a public company
- The Securities and Exchange Commission has charged and settled with the Cheesecake Factory for misleading investors with its Covid-19 disclosures.
- 12/04/2020
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Cheesecake Factory settles SEC first charges for misleading investors about COVID-19 impact
- The Cheesecake Factory Inc. has settled charges filed by the Securities and Exchange Commission against the restaurant chain for making "misleading disclosures" about the impact of the COVID-19 pandemic on its business and financial condition. The company, which did not admit to the findings, agreed to pay a $125,000 penalty and to cease-and-desist from further violations, the SEC said.
- 12/04/2020
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The Cheesecake Factory Sweetens the Holidays With Two Seasonal Favorites
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--To celebrate the holiday season, The Cheesecake Factory® (NASDAQ: CAKE) welcomes back its festive Peppermint Bark Cheesecake and popular Slice of Joy Gift Card Offer. For every $25 in gift cards or eGift cards purchased through the end of the year at a Cheesecake Factory restaurant or online at shop.TheCheesecakeFactory.com, guests will receive a Slice of Joy Card redeemable for a complimentary slice of cheesecake beginning January 1, 2021 – March 31, 2
- 12/01/2020
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Is It Time to Buy Cheesecake Factory?
- The restaurant company continues to recover from earlier this year, but are there risks from renewed COVID-19 restrictions?
- 11/27/2020
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The Cheesecake Factory Makes Early Holiday Shopping Online Twice as Sweet With Double the Rewards
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE) is spreading twice the joy early this holiday season, offering two eSlice of Joy Cards for every $25 in gift cards or eGift cards purchased online from Monday, November 23, 2020 through Cyber Monday, November 30, 2020* – that's double the number of eSlice of Joy Cards that will be offered for the remainder of the holiday season and the earliest this sweet deal has ever been available. Additionally, The Cheesecake F
- 11/23/2020
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7 Restaurant Stocks That Could Be Shaky With More Shutdowns
- Bouncing back from the March doldrums, many restaurant stocks have enjoyed a recovery. But with winter arriving and Covid-19 cases worsening, it's time to rethink this optimistic narrative.
- 11/23/2020
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Top Stocks To Short Today As Vaccine Rally And Unemployment Data Disappoints
- After markets yesterday sharply sold off in the closing minutes, stocks fell slightly again today. If this pace keeps up, markets will close down for the third consecutive day.
- 11/19/2020
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Analyst explains why he's bullish on restaurants amid a second shutdown
- Nick Setyan, Wedbush Securities, joins 'Power Lunch' to discuss why he says that U.S. restaurants are better positioned for a second shutdown and explains his upgrade of Cheesecake Factory to outperform.
- 11/13/2020
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Top Stocks To Short Today As Vaccine Rally Continues
- After the Dow and S&P skyrocketed to all-time intraday highs yesterday, the Dow continued its rally today. Our deep learning algorithms have crunched the data to give you a set of Top Shorts for today.
- 11/10/2020
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Restaurant Stocks Soar on Phenomenal Vaccine News
- Pfizer delivered an early holiday gift to restaurant investors Monday.
- 11/09/2020
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Cheesecake Factory's Sales Recovery Turns Gordon Haskett Bullish
- Cheesecake Factory Inc's (NASDAQ: CAKE) same-store sales have recovered and come with an improved mix, according to Gordon Haskett. The Cheesecake Factory Analyst: Jeff Farmer upgraded Cheesecake Factory from Hold to Buy with a $38 price target.
- 10/30/2020
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The Cheesecake Factory's (CAKE) CEO David Overton on Q3 2020 Results - Earnings Call Transcript
- The Cheesecake Factory's (CAKE) CEO David Overton on Q3 2020 Results - Earnings Call Transcript
- 10/29/2020
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The Cheesecake Factory (NASDAQ:CAKE) Shares Up 6% After Analyst Upgrade
- The Cheesecake Factory Incorporated (NASDAQ:CAKE)’s stock price shot up 6% during mid-day trading on Monday after Wells Fargo & Company raised their price target on the stock from $30.00 to $37.00. Wells Fargo & Company currently has an overweight rating on the stock. The Cheesecake Factory traded as high as $33.49 and last traded at […]
- 10/20/2020
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The Cheesecake Factory (NASDAQ:CAKE) PT Raised to $26.00
- The Cheesecake Factory (NASDAQ:CAKE) had its price target boosted by equities research analysts at Morgan Stanley from $19.00 to $26.00 in a note issued to investors on Wednesday, Benzinga reports. The firm currently has an “underweight” rating on the restaurant operator’s stock. Morgan Stanley’s price target indicates a potential downside of 15.72% from the company’s […]
- 10/16/2020
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Scout Investments Inc. Raises Holdings in The Cheesecake Factory Incorporated (NASDAQ:CAKE)
- Scout Investments Inc. grew its position in shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE) by 15.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,330 shares of the restaurant operator’s stock after purchasing an additional 16,622 shares during […]
- 10/16/2020
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MARK & LONA Unveils First Online Luxury Golf Apparel Store for the U.S., China and Other International Markets
- MARK & LONA, a leading luxury golf apparel brand unveils first online luxury golf apparel store for the U.S. , China and other international markets
- 10/15/2020
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Global Language Learning Games Market 2020 Research Report by Five Forces Analysis, Types, Applications, Regions and Forecast to 2023 |Absolute Reports
- Oct 08, 2020 (The Expresswire) --
"Final Report will add the analysis of the impact of COVID-19 on this industry." Global “Language Learning Games Market”...
- 10/08/2020
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Two Sigma Advisers LP Has $685,000 Stock Position in Cheesecake Factory Inc (NASDAQ:CAKE)
- Two Sigma Advisers LP cut its holdings in shares of Cheesecake Factory Inc (NASDAQ:CAKE) by 82.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,900 shares of the restaurant operator’s stock after selling 145,000 shares during the quarter. Two Sigma Advisers LP owned […]
- 10/08/2020
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The Cheesecake Factory to Webcast Third Quarter Fiscal 2020 Earnings Conference Call on October 29, 2020
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release third quarter fiscal 2020 financial results after market close on T
- 10/08/2020
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CT’s live Halloween attractions go from kid-friendly to super scary off-the-hook haunts
- "We're thrilled to bring this unique and safe family event to life here in Milford," says Pantochino's Bert Bernardi, of Happy Haunts Hollow.
- 10/07/2020
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The Best From Vietnam Clothing & Apprael Manufacturers: CM, CMPT, FOB, OEM, ODM, Readymade Garments
- Ho Chi Minh City, Vietnam, Sep 30, 2020 (GLOBE NEWSWIRE via COMTEX) --
Ho Chi Minh City, Vietnam, Sept. 30, 2020 (GLOBE NEWSWIRE) -- What makes garment...
- 09/30/2020
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Neuberger Berman Group LLC Sells 2,126 Shares of Cheesecake Factory Inc (NASDAQ:CAKE)
- Neuberger Berman Group LLC decreased its holdings in Cheesecake Factory Inc (NASDAQ:CAKE) by 13.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,227 shares of the restaurant operator’s stock after selling 2,126 shares during the quarter. Neuberger Berman Group LLC’s holdings […]
- 09/30/2020
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The Cheesecake Factory Celebrates National Dessert Month With Two Sweet Offers
- The Cheesecake Factory®, synonymous with delicious desserts, is celebrating the start of National Dessert Month this October with two consecutive offe
- 09/30/2020
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Mark Farrah Associates Assessed 2Q20 Health Insurance Profitability
- MFA compared year-over-year, second quarter per member per month (PMPM) health premiums and expenses for U.S. health insurers.
- 09/22/2020
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Rational Exuberance? Explaining Global Equity Market Gains
- Aggressive central bank purchases of government bonds in the US, Europe, Japan and the UK allow governments to issue more debt and suppress the cost of that debt, which has a very powerful effect.
- 09/21/2020
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First Republic Investment Management Inc. Purchases 5,870 Shares of Cheesecake Factory Inc (NASDAQ:CAKE)
- First Republic Investment Management Inc. increased its position in Cheesecake Factory Inc (NASDAQ:CAKE) by 21.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,040 shares of the restaurant operator’s stock after acquiring an additional 5,870 shares during the quarter. First Republic Investment Management Inc. […]
- 09/14/2020
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Cheesecake Factory Needs A Reality Check
- Cheesecake Factory shares continue to rally. While the company is a relative winner over time, what portion of former sales remain after COVID-19 remains to be seen.
- 09/07/2020
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My 'No-Brainer' Growth Portfolio: August 2020 Update And 1 Conviction Buy
- Don’t sell a stock just because it has run. Consider three things when making a selling decision: 1.
- 09/03/2020
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I'm Buying These Investments For Fall 2020
- We're becoming increasingly selective as we head into the fall. Some sectors have become overpriced while others remain very opportunistic.
- 08/29/2020
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Cheesecake Factory Inc (NASDAQ:CAKE) Shares Bought by Victory Capital Management Inc.
- Victory Capital Management Inc. boosted its position in shares of Cheesecake Factory Inc (NASDAQ:CAKE) by 438.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 504,707 shares of the restaurant operator’s stock after buying an additional 410,986 shares during the quarter. Victory Capital Management Inc. […]
- 08/28/2020
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Mutual of America Capital Management LLC Sells 36,134 Shares of Cheesecake Factory Inc (NASDAQ:CAKE)
- Mutual of America Capital Management LLC lowered its stake in Cheesecake Factory Inc (NASDAQ:CAKE) by 94.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,055 shares of the restaurant operator’s stock after selling 36,134 shares during the period. Mutual of America Capital Management LLC’s holdings in Cheesecake Factory were worth $47,000 as of […]
- 08/28/2020
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Is Concentrated Investing Riskier In Today's Uncertain Environment?
- In a world of increased uncertainty, many investors' natural instinct is to hedge their bets by diversifying, rather than investing in a concentrated strategy.
- 08/20/2020
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Cheesecake Factory Banks on Digital Initiatives, Costs High
- Cheesecake Factory (CAKE) is likely to benefit from digital efforts and menu innovation. However, high operating costs and low traffic due to coronavirus are concerns.
- 08/17/2020
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The Cheesecake Factory Makes It Easier to Treat Yourself
- The Cheesecake Factory® (NASDAQ: CAKE), known for its extensive menu, generous portions and legendary desserts, is helping guests treat themselves to something delicious with a special online gift card offer now through Labor Day. For every $50 in Gift Cards purchased online at shop.thecheesecakefactory.com from Monday, August 10 through Monday, September 7, 2020, guests will receive a complimentary $15 Bonus Card*. Gift Cards and Bonus Cards do not expire.
- 08/10/2020
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Opinion | How Lockdowns Fuel Inequality
- Politicians deplore the wealth disparities their policies create.
- 08/06/2020
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Bank of America Downgrades Cheesecake Factory (NASDAQ:CAKE) to Underperform
- Cheesecake Factory (NASDAQ:CAKE) was downgraded by stock analysts at Bank of America from a “neutral” rating to an “underperform” rating in a research note issued on Monday, The Fly reports. Several other equities analysts have also issued reports on CAKE. Loop Capital reduced their price target on Cheesecake Factory from $44.00 to $23.00 in a […]
- 08/05/2020
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China Nonferrous Gold UK Regulatory Announcement: Final Results for the Twelve Months Ended 31 December 2019
- China Nonferrous Gold Limited (“CNG” or the “Company”) Final Results for the twelve months ended 31 December 2019 China Nonferrous Gold Limited 中国有色
- 08/05/2020
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People's United Financial: Poised To Profit From A Residential Real Estate Boom (NASDAQ:PBCT)
- Residential real estate stocks are starting to catch fire, and it could spill over very quickly to residential mortgage-focused banks like People's United Financial.
- 08/04/2020
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Standard Life Aberdeen : Skeoch to chair UK audit watchdog, Sky reports | MarketScreener
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First Republic Bank (NYSE:FRC) Coverage Initiated at Wolfe Research
- Wolfe Research began coverage on shares of First Republic Bank (NYSE:FRC) in a research note issued to investors on Friday, The Fly reports. The firm issued an outperform rating on the bank’s stock. FRC has been the topic of a number of other research reports. BMO Capital Markets restated a hold rating and set a […]
- 08/04/2020
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Insight Investment Adds Two Strategic Hires to Expand U.S. Distribution Team
- Insight Investment, a global investment manager with $909bn under management1&2 today announced the hires of Angela Ruane as Director of Business
- 08/04/2020
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BofA's Restaurant Pair Trade: Upgrade Dunkin, Downgrade Cheesecake Factory
- BofA analysts presented to investors a pair trade in the restaurant sector consisting of a bullish stance on Dunkin Brands Group Inc (NASDAQ: DNKN) and a bearish stance on Cheesecake Factory Inc (NASDAQ: CAKE).The Analyst: Gregory Francfort upgraded Dunkin Brands from Neutral to Buy with a price target lifted from $72 to $78.The analyst downgraded Cheesecake Factory from Neutral to Underperform with a price target lifted from $20 to $22.The Dunkin Thesis: Dunkin is performing better than expected despite a major disruption as many regular morning commuters are no longer stopping for breakfast or coffee, Francfort wrote in the note. In fact, the chain is likely gaining market share from convenience stores as the people who are on the road view a drive-thru as a safer option.Dunkin's push into digital ordering and loyalty traces back to 2014 and years of investments represent a new tailwind in the COVID-19 environment, according to the analyst. In fact, digital orders rose from 13% in the second quarter of 2019 to 18% in the second quarter of 2020.Francfort said Dunkin's third-quarter comps through July 25 are down by a low-single digit and this is "well ahead" of April's decline of 32%.The Cheesecake Factory Thesis: Investors should hold a bearish stance on Cheesecake Factory's stock for three reasons, Francfort said.First, around 85% of stores or located in or near a mall, and this represents a notable headwind if consumers want to avoid shopping.Second, many consumers today are willing to dine out only if they can do so outdoors. Only 15% of a restaurant's square footage is outdoors so the chain could see a "bigger negative shock" to its comps than peers with larger outdoor seating.Third, Cheesecake Factory's stock was trading at an EV/EBITDA premium to some casual dining peers prior to the pandemic but the company's headwinds will now pressure that premium valuation.Related Links:Dunkin' Brands Analyst Says Q2 Positives Outweigh The NegativesCredit Suisse On How Texas Roadhouse, Darden, Cheesecake Factory, Bloomin' Brands Are Navigating PandemicSee more from Benzinga * Lordstown Motors Merges With SPAC To List On Nasdaq * Izzy Charanek On How To Use Charts To Identify Options Plays * Chris Butler Teaches Options 101 At Benzinga Boot Camp(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/03/2020
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The Government plans to establish the Romanian Investment Fund - Business Review
- The government announced as part of the economic recovery plan the establishment of the Romanian Investment Fund (FRI), with an initial capitalisation of
- 08/03/2020
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REPLY: Protocube Reply presenta su solución Virtual Interactive Showroom para la virtualización de entornos y productos
- Protocube Reply, compañía del Grupo Reply especializada en la creación de entornos virtuales, pone a disposición desde hoy su solución Virtual Interac
- 08/03/2020
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Janney Montgomery Scott LLC Has $1.86 Million Stock Holdings in First Republic Bank (NYSE:FRC)
- Janney Montgomery Scott LLC lessened its position in First Republic Bank (NYSE:FRC) by 4.3% during the second quarter, Holdings Channel reports. The institutional investor owned 17,571 shares of the bank’s stock after selling 789 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Republic Bank were worth $1,862,000 as of its most recent […]
- 08/02/2020
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First Republic Bank (NYSE:FRC) Shares Sold by Sumitomo Mitsui Trust Holdings Inc.
- Sumitomo Mitsui Trust Holdings Inc. lowered its stake in First Republic Bank (NYSE:FRC) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 660,124 shares of the bank’s stock after selling 7,798 shares during the period. Sumitomo Mitsui Trust Holdings Inc. […]
- 08/01/2020
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The Cheesecake Factory Incorporated 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by The Cheesecake Factory Incorporated in conjunction with their 2020 Q2 earnings call.
- 07/31/2020
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Cheesecake Factory (CAKE) Q2 Earnings Top Estimates, Fall Y/Y
- Cheesecake Factory's (CAKE) second-quarter fiscal 2020 results reflect rise in labor, general and administrative expenses and other operating costs.
- 07/30/2020
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Looking Into Cheesecake Factory's Return On Capital Employed
- During Q2, Cheesecake Factory (NASDAQ: CAKE) brought in sales totaling $295.85 million. However, earnings decreased 438.6%, resulting in a loss of $191.58 million. Cheesecake Factory reached earnings of $56.58 million and sales of $615.11 million in Q1.What Is ROCE? Changes in earnings and sales indicate shifts in Cheesecake Factory's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed in a business. Generally, a higher ROCE suggests successful growth in a company and is a sign of higher earnings per share for shareholders in the future. In Q2, Cheesecake Factory posted an ROCE of -0.46%.View more earnings on CAKEIt is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Cheesecake Factory is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will lead to higher returns and earnings per share growth. For Cheesecake Factory, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q2 Earnings Cheesecake Factory reported Q2 earnings per share of $-0.87/share against analyst predictions of $-1.09/share.See more from Benzinga * Recap: Cheesecake Factory Q2 Earnings * 14 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session * Benzinga's Top Upgrades, Downgrades For July 9, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/30/2020
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Cheesecake Factory Inc (CAKE) Q2 2020 Earnings Call Transcript
- CAKE earnings call for the period ending June 30, 2020.
- 07/30/2020
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Cheesecake Factory Inc (CAKE) CEO David Overton on Q2 2020 Results - Earnings Call Transcript
- Cheesecake Factory Inc (NASDAQ:CAKE) Q2 2020 Results Conference Call Jul 29, 2020 05:00 PM ET Company Participants Stacy Feit - Vice President, Investor Relations David Overton - Chairman and Chief Executive Officer David Gordon - President Matthew Clark - Executive Vice President and Chief Financial Officer Conference Call Participants Sharon Zackfia - William Blair Nicole Miller - Piper Sandler David Tarantino - RW Baird John Glass - Morgan Stanley Dennis Geiger - UBS John Ivankoe - JPMorgan Gregory Francfort - Bank of America Jeff Farmer - Gordon Haskett Jon Tower - Wells Fargo Jeffrey Bernstein - Barclays Matthew DiFrisco - Guggenheim Lauren Silberman - Credit Suisse James Rutherford - Stephens Inc Brian Vaccaro - Raymond James Presentation Operator Ladies and gentlemen, thank you for standing by and welcome to The Cheesecake Factory's Second Quarter Fiscal 2020 Earnings Conference Call.
- 07/29/2020
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Cheesecake Factory (CAKE) Reports Q2 Loss, Misses Revenue Estimates
- Cheesecake Factory (CAKE) delivered earnings and revenue surprises of 18.69% and -3.71%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2020
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Cheesecake Factory Stock Is Falling Because Sales Took a Nose Dive
- The Cheesecake Factory managed to lose less than expected in its second-quarter earnings, even as the pandemic continued to hammer sales.
- 07/29/2020
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Recap: Cheesecake Factory Q2 Earnings
- Shares of Cheesecake Factory (NASDAQ:CAKE) rose 4.94% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 206.10% over the past year to ($0.87), which beat the estimate of ($1.09).Revenue of $295,851,000 decreased by 50.91% year over year, which missed the estimate of $304,230,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Jul 29, 2020View more earnings on CAKETime: 05:00 PMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.thecheesecakefactory.com%2Fnews-and-events%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395771&sessionid=1&key=D19DF0A37E094668B6873E8E1EA9C7D4®Tag=&sourcepage=registerRecent Stock Performance 52-week high: $45.2452-week low: $14.52Price action over last quarter: Up 38.25%Company Description Cheesecake Factory Inc owns and operates roughly 200 restaurants in the United States. Most stores operate under The Cheesecake Factory name, but the company also owns The Grand Lux Cafe and RockSugar Pan Asian Kitchen. Cheesecake Factory's small international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The Cheesecake Factory also has two bakery production facilities where it makes dozens of varieties of cheesecakes, which are distributed for sale at the company and licensees restaurants. The majority of company revenue comes from The Cheesecake Factory restaurants.See more from Benzinga * 14 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session * Benzinga's Top Upgrades, Downgrades For July 9, 2020 * Benzinga's Top Upgrades, Downgrades For June 24, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/29/2020
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The Cheesecake Factory Reports Results for Second Quarter of Fiscal 2020 and Provides Business Update
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2020, which ended on June 30, 2020.
- 07/29/2020
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Why Earnings Season Could Be Great for Cheesecake Factory (CAKE)
- Cheesecake Factory (CAKE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/28/2020
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BJ's Wholesale Club, Meritor, Starbucks, Papa John's and Cheesecake Factory highlighted as Zacks Bull and Bear of the Day
- BJ's Wholesale Club, Meritor, Starbucks, Papa John's and Cheesecake Factory highlighted as Zacks Bull and Bear of the Day
- 07/27/2020
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National Cheesecake Day: The Cheesecake Factory gives to charity, adds flavor
- The Cheesecake Factory is adding to its charitable effort for National Cheesecake Day.
- 07/26/2020
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Here comes one of the newsiest and most critical weeks of the summer for markets
- In a summer of unending news, we may be heading into what could be the newsiest week of all.
- 07/24/2020
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Cheesecake Factory (CAKE) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- Cheesecake Factory (CAKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/22/2020
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U.K. Audit Regulator Asks Companies for More Details on Covid-19 Impact
- The Financial Reporting Council says firms should go beyond just fulfilling mandatory reporting requirements when talking about the pandemic.
- 07/21/2020
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Did Hedge Funds Make The Right Call On The Cheesecake Factory Incorporated (CAKE) ?
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 07/21/2020
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Cheesecake Factory Banks on Off-Premise Sales, Costs High
- Cheesecake Factory (CAKE) is likely to benefit from its off-premise offerings and digital efforts. However, high operating costs and low traffic due to coronavirus are concerns.
- 07/17/2020
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MERIAN GLOBAL INVESTORS UK Ltd Makes New Investment in Cheesecake Factory Inc (NASDAQ:CAKE)
- MERIAN GLOBAL INVESTORS UK Ltd acquired a new stake in Cheesecake Factory Inc (NASDAQ:CAKE) during the second quarter, Holdings Channel reports. The institutional investor acquired 95,999 shares of the restaurant operator’s stock, valued at approximately $2,200,000. Several other large investors have also recently made changes to their positions in the company. Creative Financial Designs Inc. […]
- 07/16/2020
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The Cheesecake Factory to Webcast Second Quarter Fiscal 2020 Earnings Conference Call on July 29, 2020
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced it will release second quarter fiscal 2020 financial results after market close on Wednesday, July 29, 2020. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company’s website, investors.thecheesecakefactory.com. A replay of the webcast will be available on the Company’s website through August 28, 2020.
- 07/15/2020
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Why Cheesecake Factory, BJ's Restaurants, and Dave & Buster's All Soared Wednesday
- Restaurants are hoping positive data from Moderna will enable consumers to resume their daily lives sooner rather than later.
- 07/15/2020
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Cheesecake Factory (NASDAQ:CAKE) Price Target Increased to $15.00 by Analysts at Stephens
- Cheesecake Factory (NASDAQ:CAKE) had its price target lifted by stock analysts at Stephens from $14.00 to $15.00 in a research note issued on Monday, BenzingaRatingsTable reports. The firm presently has an “underweight” rating on the restaurant operator’s stock. Stephens’ price objective would indicate a potential downside of 30.84% from the company’s current price. A number […]
- 07/13/2020
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Is Cheesecake Factory (CAKE) Stock a Solid Choice Right Now?
- Cheesecake Factory (CAKE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 07/10/2020
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Royaume Uni : les « Big Four » contraints de séparer leurs activités d'audit et de conseil
- PwC, Deloitte, KPMG et EY devront soumettre au régulateur des plans de séparation opérationnelle de leurs métiers d'audit avant le 23 octobre, et les appliquer avant juin 2024.
- 07/09/2020
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Credit Suisse On How Texas Roadhouse, Darden, Cheesecake Factory, Bloomin' Brands Are Navigating Pandemic
- Thursday is proving to be a busy day for restaurant investors, as Credit Suisse analyst Lauren Silberman initiated coverage of a handful of names, including Texas Roadhouse Inc (...
- 07/09/2020
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Why Cheesecake Factory Shares Fell 41% in the First Half of 2020
- The COVID-19 lockdown era was tough for restaurants, in general, and downright brutal for this dining destination, in particular.
- 07/08/2020
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Grant Thornton fined £3m for 'numerous' audit failures
- Grant Thornton has been fined £3m for “firm-wide failures” to comply with ethical standards between 2014 and 2017.
- 07/08/2020
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The Cheesecake Factory Commemorates National Cheesecake Day by Donating $1 Per Slice to Feeding America
- The Cheesecake Factory® is commemorating its favorite holiday of the year – National Cheesecake Day – by donating $1 to Feeding America for every slice of its more than 30 legendary flavors of cheesecake sold on Thursday, July 30, 2020.* The Cheesecake Factory will also introduce its newest flavor on National Cheesecake Day – Chocolate Caramelicious Cheesecake Made With Snickers®: Original cheesecake swirled with Snickers® on a brownie crust with chocolate, caramel and peanuts.
- 07/06/2020
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HighTower Advisors LLC Has $519,000 Holdings in Cheesecake Factory Inc (NASDAQ:CAKE)
- HighTower Advisors LLC raised its holdings in shares of Cheesecake Factory Inc (NASDAQ:CAKE) by 366.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,551 shares of the restaurant operator’s stock after buying an additional 23,998 shares during the quarter. […]
- 07/06/2020
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New Mexico Educational Retirement Board Raises Position in Cheesecake Factory Inc (NASDAQ:CAKE)
- New Mexico Educational Retirement Board grew its holdings in shares of Cheesecake Factory Inc (NASDAQ:CAKE) by 36.1% during the first quarter, HoldingsChannel reports. The firm owned 9,800 shares of the restaurant operator’s stock after purchasing an additional 2,600 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Cheesecake Factory were worth $167,000 at […]
- 07/06/2020
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The Cheesecake Factory Commemorates National Cheesecake Day by Donating $1 Per Slice to Feeding America
- The Cheesecake Factory® is commemorating its favorite holiday of the year – National Cheesecake Day – by donating $1 to Feeding America for every slic
- 07/06/2020
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Zacks: Analysts Expect Cheesecake Factory Inc (NASDAQ:CAKE) Will Post Quarterly Sales of $307.25 Million
- Analysts expect Cheesecake Factory Inc (NASDAQ:CAKE) to report $307.25 million in sales for the current quarter, Zacks Investment Research reports. Ten analysts have issued estimates for Cheesecake Factory’s earnings, with estimates ranging from $253.68 million to $343.70 million. Cheesecake Factory reported sales of $602.65 million during the same quarter last year, which indicates a negative […]
- 07/05/2020
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‘Real Time With Bill Maher’ Explores Studio Return Following Summer Break
- EXCLUSIVE: Bill Maher could become the first late-night host to return to the studio as his HBO show explores options following his summer break. The most recent episode of Real Time With Bill Mahe…
- 07/02/2020
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Sysco Stock Is Still a Gamble Until Pandemic Concerns Dissipate
- Seven months ago, Sysco (NYSE:SYY) was a solid investment. SYY stock had posted a decade of sustained growth, and last December closed at $85.80, an all-time record high. The company was also a dividends champ. Then, the novel coronavirus pandemic derailed Sysco, as it did most stocks. However, the stock has been slower to recover than many. Currently trading around the $54 level, it's still down 37% from its December 2019 levels.Source: JHVEPhoto/Shutterstock.com So does that makes Sysco's stock a buy? I think it's pretty risky, and I'll explain why in a moment. SYY stock currently has a C-Rating in my Portfolio Grader, although it does maintain its A-Rating in my Dividend Grader. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Pandemic Decimated the Restaurant SectorSysco's business is focused on the food service industry. The company sells and distributes food and food preparation equipment to restaurants, as well as hospitals, nursing homes, schools, military bases and hotels. If you happen to be up at the crack of dawn and walking through an urban center, you'll see the Sysco trucks rumbling from restaurant to restaurant.At least you did prior to the arrival of the coronavirus pandemic.With the coronavirus lockdown, restaurants were forced to shut their dining rooms. Those that could pivoted to takeout, but that volume couldn't match their normal level of business. That meant orders for food and equipment from Sysco took a hit.In its third-quarter fiscal 2020 earnings report (released on May 5) Sysco showed the damage to its business. Sales of $13.7 billion for the quarter were down 6.5% year-over-year. Analysts had been looking for earnings per share of 84 cents, but instead the company reported EPS of 45 cents. Not just a miss, but down significantly from the 79 cents per share posted a year ago. * 7 Utilities Stocks to Buy With Reassuring Dividends How bad has the pandemic been? Sysco included this introduction in its earnings press release: "Over the last 50 years, Sysco has weathered its share of exogenous shocks and economic crises, and each time Sysco has remained a resolute foodservice industry leader. The extent of the COVID-19 crisis is more substantial than any other throughout the company's history."So it was good news for Sysco that states have begun reopening restaurants. Or is it? Restaurants are Re-ClosingThe reopening of restaurants across the U.S. has not gone well. Covid-19 cases are on the rise, there are battles over wearing masks, and many restaurants that had reopened in recent weeks are now closing again.Patio dining is a lifeline to some -- offering an opportunity for social distancing and fresh air -- but that only works during good weather. And what happens in the winter? A Coronavirus Vaccine Is KeyThere are many industries that are desperately waiting for the arrival of a coronavirus vaccine. Airlines, hotels and cruise lines are in big trouble until people can safely travel once again. The biotech industry is all hands on deck, racing to develop a vaccine.The restaurant industry is also hurting and in a position where business won't return to any semblance of normalcy until a vaccine is available. While fast food chains are faring better thanks to their focus on takeout, the industry has been devastated. As of the end of March, an estimated 30,000 U.S. restaurants had closed permanently. That number is projected to soon pass 110,000, according to the National Restaurant Association. The coronavirus pandemic has hammered restaurant stocks, even the fast food giants that are less impacted by the closure of dining rooms. McDonald's (NYSE:MCD) is still down 7.3% for 2020. Pizza Hut and Taco Bell owner Yum! Brands (NYSE:YUM) is down nearly 14%. Cheesecake Factory (NASDAQ:CAKE), which was built around casual in-restaurant dining, has seen its shares lose over 43% of their value so far this year.SYY stock has reflected the doom and gloom surrounding its key customer base, shedding 34% of its value since the start of the year. Bottom Line on SYY StockSysco is a gamble at this point. On the plus side, you have a company that dominates its industry. It has seen its shares steadily gain in value over the past decade, and it's a solid performer on the dividend front.Even during the worst of the coronavirus pandemic, it still had customers like hospitals and military bases that require restocking. Its fast-food customers have been more resilient than others. And Sysco has operations in other countries that are in more advanced stages of pandemic recovery.However, there is a real risk that the U.S. restaurant industry -- Sysco's core business -- is going to be hit even worse than it has been. The U.S. is setting daily coronavirus infection records, and some restaurants that had reopened have been closing down again. Many of these may never reopen again, even if a vaccine is found. That gloomy prognosis makes me wary of SYY stock at this point. It may yet recover, but I think even in a best case scenario the path back to its 2019 levels is going to be a long one.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Sysco Stock Is Still a Gamble Until Pandemic Concerns Dissipate appeared first on InvestorPlace.
- 07/02/2020
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Tower Research Capital LLC TRC Raises Stock Holdings in Cheesecake Factory Inc (NASDAQ:CAKE)
- Tower Research Capital LLC TRC lifted its holdings in shares of Cheesecake Factory Inc (NASDAQ:CAKE) by 304.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,676 shares of the restaurant operator’s stock after purchasing an additional 2,767 shares during the quarter. […]
- 07/02/2020
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Denny's Stock Breaks Down After Equity Offering
- Denny's continued its roller-coaster ride after pricing a new 8 million-share equity offering this week, sending the stock sharply lower.
- 07/01/2020
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Stamford Cheesecake Factory Set To Close In August
- The company said in a letter the restaurant, located in the Stamford Town Center mall, will close in August and over 100 jobs will be cut.
- 07/01/2020
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Amy Willerton says she's began breastfeeding her baby Demelza again
- The TV personality, 27, opened up on the decision via her Instagram page on Wednesday, explaining she 'genuinely missed' sharing that special moment with Demelza, five months.
- 07/01/2020
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Big Bang Theory plot hole: Penny should'be moved back to Nebraska - here's why
- THE BIG BANG THEORY fans got to watch Penny's love story with Leonard Hofstadter develop for 12 seasons on CBS. However, for viewers rewatching the series, some are picking up on one or two plot holes.
- 07/01/2020
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Impossible Foods Collaborates with Local Human to Address Food Insecurity
- Impossible Foods is collaborating with apparel retailer Local Human to address food insecurity in America, which has become an acute crisis due to the
- 07/01/2020
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The Big Bang Theory: 5 Times Penny Was An Overrated Character (& 5 Times She Was Underrated)
- As the "normal one" in a group of geniuses, Penny was a fan-favorite on The Big Bang Theory. But some of her classic moments were overrated.
- 06/28/2020
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16 restaurants serving the best Buffalo wings in the Long Beach area
- Bone-in or boneless, you can’t go wrong plucking chicken from any of these places. Don’t forget to ask for extra napkins.
- 06/28/2020
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Saudi street style book ‘Under the Abaya’ celebrates women’s empowerment
- DUBAI: Saudi Arabia’s first-ever street style book launched by Saudi entrepreneur and industry leader Marriam Mossalli, “Under the Abaya: Street Style from Saudi Arabia,” is groundbreaking in its exposure of the Kingdom’s unique fashion scene, still little-known outside the country. While the first edition offered an introduction to progressive Saudi women, the second sheds light on their challenges and aspirations through the lens of fashion. The book launched June 24, the same day Saudi Arabia lifted the ban on women driving one year prior.
- 06/27/2020
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Las ventas de Alsea se desploman más de 60% por la cuarentena
- Pese a los intentos de Alsea para acelerar sus ventas en línea durante la cuarentena, la firma no pudo evitar un derrumbe en su negocio.
- 06/26/2020
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Why Dave & Buster's, Cheesecake Factory, and Brinker International Were Falling Today | The Motley Fool
- Investors seem to have lost their appetite for restaurant stocks.
- 06/26/2020
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Why Dine-In Restaurants Are Plunging After New Texas COVID-19 Mandate | The Motley Fool
- Companies with strong drive-through or delivery arrangements are falling much less.
- 06/26/2020
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Get dinner or lunch for two for only $20 from the Cheesecake Factory
- Are you looking for something to order for lunch or dinner? We've got a tasty offer we want to put in front of you. Starting next week, for one week, you can get a meal for two from The Cheesecake Factory for only $20. That is seven items for the price of one traditional entree.
- 06/26/2020
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Implied Volatility Surging for Cheesecake Factory (CAKE) Stock Options
- Investors need to pay close attention to Cheesecake Factory (CAKE) stock based on the movements in the options market lately.
- 06/26/2020
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Could The Cheesecake Factory Deliver Big Returns in the Next 5 Years?
- The price is right and there is high potential, but can you get past a bumpy past? Continue reading...
- 06/25/2020
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Oppenheimer Maintains Their Hold Rating on Papa John's International (PZZA) - Markets
- Oppenheimer analyst Brian Bittner maintained a Hold rating on Papa John’s International (PZZA – Research Report) today. The company’s shares
- 06/25/2020
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Great News For REIT Investors
- Optimism is back in a big way. Businesses are reopening and pent-up demand is benefiting struggling property sectors. Rent collection rates have started to reco
- 06/25/2020
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Why These Restaurant Stocks Sank on Wednesday | The Motley Fool
- Recent COVID-19 data could be another setback for beaten-down restaurant stocks.
- 06/24/2020
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Burritos Have Outperformed Coffee During the Pandemic. That’s Good for Chipotle.
- The coronavirus pandemic has reshuffled the restaurant landscape, and in this new world, burritos and pizza are king, J.P. Morgan says.
- 06/24/2020
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Benzinga's Top Upgrades, Downgrades For June 24, 2020
- Upgrades * Cowen & Co. changed the rating for Dick's Sporting Goods Inc (NYSE: DKS) from Market Perform to Outperform. For the first quarter, Dick's Sporting Goods had an EPS of ($1.21), compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $49.80 and a 52-week-low of $13.46. Dick's Sporting Goods's stock last closed at $41.43 per share. * DA Davidson upgraded the stock for Morgan Stanley (NYSE: MS) from Neutral to Buy. In the first quarter, Morgan Stanley showed an EPS of $0.99, compared to $1.33 from the year-ago quarter. The stock has a 52-week-high of $57.57 and a 52-week-low of $27.20. Morgan Stanley's stock last closed at $47.88 per share. * JP Morgan changed the rating for Texas Roadhouse Inc (NASDAQ: TXRH) from Underweight to Neutral. For the first quarter, Texas Roadhouse had an EPS of $0.24, compared to year-ago quarter EPS of $0.70. The stock has a 52-week-high of $72.49 and a 52-week-low of $25.15. Texas Roadhouse's stock last closed at $54.47 per share. * For IHS Markit Ltd (NYSE: INFO), Stifel upgraded the stock from Hold to Buy. Interestingly, in the second quarter, IHS Markit's EPS was $0.69. The stock has a 52-week-high of $81.65 and a 52-week-low of $44.81. IHS Markit's stock last closed at $72.79 per share. * Stifel changed the rating for VMware Inc (NYSE: VMW) from Hold to Buy. In the first quarter, VMware showed an EPS of $1.52, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of $183.50 and a 52-week-low of $86.00. VMware's stock last closed at $149.32 per share. * Citigroup upgraded the stock for Clear Channel Outdoor Holdings Inc (NYSE: CCO) from Neutral to Buy. Clear Channel Outdoor earned ($0.33) in the first quarter, compared to ($0.45) in the year-ago quarter. The stock has a 52-week-high of $5.04 and a 52-week-low of $0.36. Clear Channel Outdoor's stock last closed at $1.19 per share. * KeyBanc upgraded the stock for WESCO International Inc (NYSE: WCC) from Sector Weight to Overweight. For the first quarter, WESCO International had an EPS of $0.91, compared to year-ago quarter EPS of $0.93. The stock has a 52-week-high of $61.32 and a 52-week-low of $13.52. WESCO International's stock last closed at $37.20 per share. * KeyBanc upgraded the stock for Maximus Inc (NYSE: MMS) from Sector Weight to Overweight. For the second quarter, Maximus had an EPS of $0.82, compared to year-ago quarter EPS of $0.96. The stock has a 52-week-high of $82.02 and a 52-week-low of $46.42. Maximus's stock last closed at $68.22 per share. Downgrades * JP Morgan changed the rating for Cheesecake Factory Inc (NASDAQ: CAKE) from Neutral to Underweight. Cheesecake Factory earned $0.04 in the first quarter, compared to $0.62 in the year-ago quarter. The stock has a 52-week-high of $45.24 and a 52-week-low of $14.52. Cheesecake Factory's stock last closed at $24.28 per share. * For Logitech International SA (NASDAQ: LOGI), Wedbush downgraded the stock from Outperform to Neutral. For the fourth quarter, Logitech International had an EPS of $0.42, compared to year-ago quarter EPS of $0.38. The stock has a 52-week-high of $63.54 and a 52-week-low of $31.37. Logitech International's stock last closed at $62.74 per share. * For NIO Inc (NYSE: NIO), Goldman Sachs downgraded the stock from Buy to Neutral. In the first quarter, NIO showed an EPS of ($0.22), compared to ($0.36) from the year-ago quarter. The stock has a 52-week-high of $7.90 and a 52-week-low of $1.19. NIO's stock last closed at $7.24 per share. * Barclays changed the rating for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) from Overweight to Equal-Weight. Norwegian Cruise Line earned ($0.99) in the first quarter. The stock has a 52-week-high of $59.78 and a 52-week-low of $7.03. Norwegian Cruise Line's stock last closed at $18.07 per share. * For Royal Caribbean Cruises Ltd (NYSE: RCL), Barclays downgraded the stock from Overweight to Equal-Weight. In the first quarter, Royal Caribbean Cruises showed an EPS of ($1.48), compared to $1.31 from the year-ago quarter. The stock has a 52-week-high of $135.31 and a 52-week-low of $19.25. Royal Caribbean Cruises's stock last closed at $54.41 per share. * BTIG changed the rating for Staar Surgical Co (NASDAQ: STAA) from Buy to Neutral. Staar Surgical earned $0.04 in the first quarter, compared to $0.03 in the year-ago quarter. The stock has a 52-week-high of $61.73 and a 52-week-low of $23.20. Staar Surgical's stock last closed at $57.67 per share. * For Criteo SA (NASDAQ: CRTO), BMO Capital downgraded the stock from Outperform to Market Perform. For the first quarter, Criteo had an EPS of $0.52, compared to year-ago quarter EPS of $0.60. The stock has a 52-week-high of $20.77 and a 52-week-low of $5.89. Criteo's stock last closed at $13.06 per share. * B. Riley FBR downgraded the stock for Dolby Laboratories Inc (NYSE: DLB) from Buy to Neutral. For the second quarter, Dolby Laboratories had an EPS of $1.04, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $73.20 and a 52-week-low of $44.68. Dolby Laboratories's stock last closed at $68.09 per share. * Piper Sandler changed the rating for Independent Bank Corp (NASDAQ: INDB) from Overweight to Neutral. For the first quarter, Independent Bank had an EPS of $0.78, compared to year-ago quarter EPS of $1.30. The stock has a 52-week-high of $87.11 and a 52-week-low of $50.45. Independent Bank's stock last closed at $66.76 per share. * For PBF Energy Inc (NYSE: PBF), Goldman Sachs downgraded the stock from Neutral to Sell. For the first quarter, PBF Energy had an EPS of ($1.19), compared to year-ago quarter EPS of ($1.18). The stock has a 52-week-high of $34.91 and a 52-week-low of $5.19. PBF Energy's stock last closed at $12.07 per share. * Oppenheimer changed the rating for Sunesis Pharmaceuticals Inc (NASDAQ: SNSS) from Outperform to Perform. Sunesis Pharmaceuticals earned ($0.05) in the first quarter, compared to ($0.10) in the year-ago quarter. The stock has a 52-week-high of $1.13 and a 52-week-low of $0.20. Sunesis Pharmaceuticals's stock last closed at $0.35 per share. * Credit Suisse changed the rating for XP Inc (NASDAQ: XP) from Neutral to Underperform. In the first quarter, XP earned $0.17. The stock has a 52-week-high of $49.78 and a 52-week-low of $15.50. XP's stock last closed at $49.43 per share. Initiations * William Blair initiated coverage on The Simply Good Foods Co (NASDAQ: SMPL) with an Outperform rating. For the second quarter, Simply Good Foods had an EPS of $0.23, compared to year-ago quarter EPS of $0.15. The stock has a 52-week-high of $31.34 and a 52-week-low of $14.08. Simply Good Foods's stock last closed at $18.86 per share. * With a rating of Buy, HC Wainwright & Co. initiated coverage on Cortexyme Inc (NASDAQ: CRTX). The price target is set at $76.00 for Cortexyme. For the first quarter, Cortexyme had an EPS of ($0.61), compared to year-ago quarter EPS of ($1.61). The stock has a 52-week-high of $73.84 and a 52-week-low of $19.35. Cortexyme's stock last closed at $49.26 per share. * With a rating of Outperform, Oppenheimer initiated coverage on Baxter International Inc (NYSE: BAX). The price target is set at $100.00 for Baxter International. For the first quarter, Baxter International had an EPS of $0.82, compared to year-ago quarter EPS of $0.76. The stock has a 52-week-high of $95.19 and a 52-week-low of $69.10. Baxter International's stock last closed at $83.48 per share. * With a rating of Market Perform, JMP Securities initiated coverage on Constellation Pharmaceuticals Inc (NASDAQ: CNST). The price target is set at $36.00 for Constellation. For the first quarter, Constellation had an EPS of ($0.61), compared to year-ago quarter EPS of ($0.75). The stock has a 52-week-high of $59.49 and a 52-week-low of $6.01. Constellation's stock last closed at $30.43 per share. * With a rating of Market Perform, Bernstein initiated coverage on Warner Music Group Corp (NASDAQ: WMG). The price target is set at $33.00 for Warner Music Group. The stock has a 52-week-high of $34.76 and a 52-week-low of $26.99. Warner Music Group's stock last closed at $31.35 per share. * With a rating of Outperform, RBC Capital initiated coverage on Webster Financial Corp (NYSE: WBS). The price target is set at $37.00 for Webster Financial. Webster Financial earned $0.39 in the first quarter, compared to $1.06 in the year-ago quarter. The stock has a 52-week-high of $54.04 and a 52-week-low of $18.16. Webster Financial's stock last closed at $28.62 per share. * Piper Sandler initiated coverage on Repro-Med Systems Inc (NASDAQ: KRMD) with an Overweight rating. The price target for Repro-Med Systems is set at $12.00. Repro-Med Systems earned $0.01 in the first quarter. The stock has a 52-week-high of $12.84 and a 52-week-low of $3.64. Repro-Med Systems's stock last closed at $8.98 per share.See more from Benzinga * 9 Energy Stocks Moving In Wednesday's Pre-Market Session * 10 Financial Services Stocks Moving In Wednesday's Pre-Market Session * 15 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/24/2020
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Woman throws plate at Cheesecake Factory server: Lyndhurst
- Also in this week's blotter, a Lyndhurst woman reported that someone had entered her unlocked car, parked overnight in her driveway, and wrote down a credit card number. The card's number was then used to make $483 in fraudulent purchases.
- 06/23/2020
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Extra Spicy: Listen to the first 3 episodes of The Chronicle's new food podcast
- I’ll have that EXTRA Spicy, please.
- 06/22/2020
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Here’s How Much Restaurants Mark Up Your Food
- Restaurant markups can add 300% to beer, wine, pasta and more.
- 06/22/2020
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Balyasny Asset Management LLC Lowers Stock Position in Cheesecake Factory Inc (NASDAQ:CAKE)
- Balyasny Asset Management LLC lessened its holdings in Cheesecake Factory Inc (NASDAQ:CAKE) by 8.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 70,584 shares of the restaurant operator’s stock after selling 6,504 shares during the period. Balyasny Asset Management LLC’s holdings in Cheesecake Factory were worth $1,206,000 […]
- 06/22/2020
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COVID-19 Epicenter Businesses: When Will They Recover, And How To Position Yourself
- Projected business trends (till 2025) are summarized for the following sectors: airlines, cruise lines, hotels, travel agents, ride-sharing, and restaurants. Al
- 06/22/2020
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The Big Bang Theory: 10 Things That Make No Sense About Bernadette
- Bernardette, Howard's wife and love is a curious character. As much as audiences love her, plenty of things about Bernardette don't make sense.
- 06/22/2020
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Parametric Portfolio Associates LLC Boosts Position in Cheesecake Factory Inc (NASDAQ:CAKE)
- Parametric Portfolio Associates LLC increased its stake in Cheesecake Factory Inc (NASDAQ:CAKE) by 1.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 327,184 shares of the restaurant operator’s stock after buying an additional 4,950 shares during the period. Parametric Portfolio Associates LLC owned […]
- 06/21/2020
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Co Down salon owners on what customers can expect at hair & beauty appointments
- "It's been such a scary time for the beauty industry and I'm worried it might not survive the way it did before"
- 06/20/2020
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Main Street is making a comeback post-coronavirus. This N.J. downtown welcomed 5 new shops.
- A stretch along a 2-mile road from Haddonfield to Cherry Hill shows some of the complexity of of reopening New Jersey.
- 06/20/2020
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Electric car prices go down as expert tasks Nigeria on EV policy
- Prices of Electric Vehicles (EV) have gone down as automotive companies shift focus on making non-gasoline automobiles, a new research has shown. Similarly, it is forecast that by 2035 and 2040, el…
- 06/18/2020
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Oppenheimer Believes Domino's Pizza (NYSE: DPZ) Still Has Room to Grow - Markets
- In a report released today, Brian Bittner from Oppenheimer assigned a Buy rating to Domino’s Pizza (DPZ – Research Report),
- 06/18/2020
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Oppenheimer Believes Wendy's (NASDAQ: WEN) Still Has Room to Grow - Markets
- In a report released today, Brian Bittner from Oppenheimer assigned a Buy rating to Wendy’s (WEN – Research Report), with
- 06/17/2020
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Is The Cheesecake Factory Incorporated (CAKE) A Good Stock To Buy?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 06/16/2020
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Jack In The Box (JACK) Gets a Buy Rating from Oppenheimer - Markets
- In a report released today, Brian Bittner from Oppenheimer assigned a Buy rating to Jack In The Box (JACK –
- 06/16/2020
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Analysts Offer Insights on Services Companies: Wendy's (NASDAQ: WEN), Saia (NASDAQ: SAIA) and AMN Healthcare Services (NYSE: AMN) - Markets
- Companies in the Services sector have received a lot of coverage today as analysts weigh in on Wendy’s (WEN –
- 06/16/2020
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Domino's Pizza (DPZ) Gets a Hold Rating from Wells Fargo - Markets
- In a report released today, Jon Tower from Wells Fargo maintained a Hold rating on Domino’s Pizza (DPZ – Research
- 06/16/2020
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12. DoorDash
- DoorDash is a food-delivery service that offers on-demand takeout from local restaurants and national chains in more than 5,000 cities worldwide.
- 06/16/2020
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Empleados de Starbucks y Burger King no podrán usar barba ni maquillaje en la nueva normalidad
- La operadora de estos restaurantes también tomará la temperatura de sus empleados y desinfectará el calzado con tapetes de sanitización.
- 06/15/2020
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¿Listo para regresar a Starbucks, Vips, Chili's o The Cheesecake Factory? Alsea prepara el regreso de sus clientes
- La compañía capacitó a cada uno de sus colaboradores en materia de higiene y seguridad sanitaria para cumplir con estrictos protocolos en cada uno de sus restaurantes.
- 06/15/2020
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Try the real recipes for these famous restaurant foods
- These are the actual recipes used by the actual restaurants and hotels that serve them.
- 06/15/2020
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Links 6/15/2020 | naked capitalism
- Our popular daily Links, including Ralph Nader, Roman city, Kerala elephants, dragon lizards, sea otters, Grenfell Tower, James K. Galbraith, Trump Asia credibility, Biden, Bernie, media and elections, 2020 voter suppression, Ukraine, Afghanistan drones.
- 06/15/2020
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Federated Hermes Inc. Increases Position in Cheesecake Factory Inc (NASDAQ:CAKE)
- Federated Hermes Inc. lifted its position in Cheesecake Factory Inc (NASDAQ:CAKE) by 560.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,669 shares of the restaurant operator’s stock after purchasing an additional 73,548 shares during the period. Federated Hermes […]
- 06/14/2020
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1BR 1Bath For Sale By Owner - The Elizabeth - Bethesda, MD Patch
- Check out the latest community post from one of your neighbors. (The views expressed in this post are the author’s own.)
- 06/13/2020
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S&P Dow Jones Indices Announces Tyler Technologies, Bio-Rad Laboratories and Teledyne Technologies Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
- S&P; Dow Jones Indices will make the following index adjustments to the S&P; 500, S&P; MidCap 400 and S&P; SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to the open of trading on Monday, June 22 to coincide with the June quarterly rebalance.
- 06/12/2020
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Analysts Offer Insights on Services Companies: Red Robin Gourmet (NASDAQ: RRGB) and Servicemaster Global Holdings (NYSE: SERV) - Markets
- Companies in the Services sector have received a lot of coverage today as analysts weigh in on Red Robin Gourmet
- 06/12/2020
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Brio restaurant chain has a buyer, but return to CT unlikely
- After closing restaurants and declaring bankruptcy during the coronavirus pandemic, bistro group is coming back, but has given no sign Connecticut locations will reopen.
- 06/11/2020
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Shares of several hotels, restaurants & leisure companies are trading lower amid market weakness as investors await today's Federal Reserve decision and update on the state of the economy. Markets have sold off over the past few sessions following recent surge.
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Vident Investment Advisory LLC Purchases New Holdings in Cheesecake Factory Inc (NASDAQ:CAKE)
- Vident Investment Advisory LLC acquired a new position in Cheesecake Factory Inc (NASDAQ:CAKE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,136 shares of the restaurant operator’s stock, valued at approximately $259,000. A number of other large investors have […]
- 06/10/2020
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Doug Ford’s ‘cheesecake honeymoon’ is down to its last crumbs
- The straight talk and folksy gimmicks were disarming. But the province’s problems and premier’s missteps are becoming clear.
- 06/10/2020
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Cheesecake Factory to Offer Limited Dining at 65% of Its Restaurants by Mid-June
- The company is leveraging the seating possibilities of its large dining areas as part of its strategy.
- 06/08/2020
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Gulf malls delay mega-projects amid coronavirus slump
- Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low
- 06/08/2020
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Gulf mall operators rein in expansion as retailers reel from COVID-19 | MarketScreener
|
FOCUS-Gulf mall operators rein in expansion as retailers reel from...
- By Hadeel Al SayeghDUBAI, June 8 (Reuters) - Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil...
- 06/08/2020
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The most-searched recipe in every state shows what people are looking to make at home
- Chicken salad can mean different things to different people. But one common interpretation is that it’s some sort of combination of small pieces of chicken, a binding agent like mayonnaise or mustard, and an added vegetable or fruit.
- 06/05/2020
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US unemployment drops unexpectedly to 13.3% amid outbreak
- WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall Street and giving President Donald Trump something to boast about in his reelection bid. The jobless rate is still on par with what the nation witnessed during the Great Depression. And for the second straight month, the Labor Department acknowledged making errors in counting the unemployed during the coronavirus outbreak, saying the real figure is worse than the numbers indicate. Still, after weeks of dire predictions by economists that unemployment in May could hit 20% or more, the news that the economy added a surprising 2.5 million jobs last month is evidence that the employment collapse most likely bottomed out in April, when the rate reached 14.7%. Most economists had expected rehiring to kick in this summer as lockdowns were increasingly lifted and people gradually resumed shopping and eating out. “The surprising thing here is the timing and that it happened as quickly as it did,” said Adam Kamins, senior regional economist at Moody’s Analytics. At the same time, economists warn that after an initial burst of hiring as businesses reopen, the recovery could slow in the fall or early next year unless most Americans are confident they can shop, travel, eat out and fully return to their other spending habits without fear of contracting the virus. “We are witnessing the easiest phase of growth as people come off temporary layoffs and come back to their employers,” said Jason Furman, a Harvard economist and former top adviser in the Obama White House. “And once employers are done recalling people, the much harder, longer work of recovery will have...
- 06/05/2020
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Unemployment rate falls to 13.3%, US adds 2.5 million jobs
- The government said Friday that the economy added 2.5 million jobs last month, driving unemployment down from 14.7 per cent in April.
- 06/05/2020
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Unemployment rate falls to 13.3%, U.S. adds 2.5 million jobs
- The May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies.
- 06/05/2020
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Why These Beaten-Down Restaurant Stocks Are Surging
- Surprising jobs news and optimism from another beaten-down sector has restaurant stocks rising Friday.
- 06/05/2020
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Wells Fargo Maintains Overweight on Cheesecake Factory, Raises Price Target to $31
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Trump: Surprise Jobless Dip Signals Entire Country Should Reopen
- President Trump calls for full reopening of the economy after 2.5 million jobs were added in May, reducing jobless rate to 13.3 percent.
- 06/05/2020
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US unemployment drops unexpectedly to a still-high 13.3%
- The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers
- 06/05/2020
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US unemployment drops unexpectedly to a still-high 13.3%
- The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers
- 06/05/2020
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US unemployment drops unexpectedly to a still-high 13.3%
- WASHINGTON (AP) - The U.S. unemployment rate fell unexpectedly in May to 13.3% - still on par with what the nation witnessed during the Great Depression - as states loosened their coronavirus lockdowns and businesses began recalling workers.
The government said Friday that the economy added 2.5 million jobs last month, driving unemployment down from 14.7% in April.
The May job gain, which confounded economists' expectations of another round of severe losses, suggests that thousands of stores, restaurants, gyms and other companies reopened and rehired more quickly than many analysts had forecast.
Still, it raises a key question for businesses and unemployed workers: How fast will the rebound proceed? For hiring to continue at a solid pace, businesses will probably need to see signs that consumers are starting to resume their pre-outbreak habits of shopping and dining out.
Other evidence has also shown that the job-market meltdown triggered by the coronavirus has bottomed out. The number of people applying for unemployment benefits has declined for nine straight weeks. And the total number of Americans receiving such aid has essentially leveled off.
The overall job cuts have widened economic disparities: While the unemployment rate for white Americans was 12.4% May, it was 17.6% for Hispanics and 16.8% for African-Americans.
Even with the surprising gain in May, it may take months for all those who lost work in April and March to find jobs. Some economists forecast the rate could remain in double-digits through the November elections and into next year.
For weeks, economists had warned that unemployment in May could hit 20% or more.
The street protests over George Floyd's killing that led to vandalism and looting in dozens of cities did not affect Friday's...
- 06/05/2020
|
US unemployment drops unexpectedly to 13.3% amid outbreak
- WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally...
- 06/05/2020
|
Unemployment rate falls to 13.3%, U.S. adds 2.5 million jobs
- The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the…
- 06/05/2020
|
Unemployment rate falls to 13.3%, US adds 2.5 million jobs
- WASHINGTON (AP) - The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added - a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic.
The May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies.
Other evidence has also shown that the job market meltdown triggered by the coronavirus has bottomed out. The number of people applying for unemployment benefits has declined for nine straight weeks. And the total number of people receiving such aid has essentially leveled off.
The overall job cuts have widened economic disparities that have disproportionately hurt minorities and lower-educated workers. Though the unemployment rate for white Americans was 12.4% May, it was 17.6% for Hispanics and 16.8% for African-Americans.
Even with the surprising gain in May, it may take months for all those who lost work in April and March to find jobs. Some economists forecast the rate could remain in double-digits through the November elections and into next year.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story is below:
America's workers likely suffered another devastating blow in May, with millions more jobs lost to the viral pandemic and an unemployment rate near or even above 20% for the first time since the Great Depression.
Economists have forecast that the government will report Friday that employers shed 8.5 million more jobs last month on top of 21.4 million lost in March and April. A figure that large would raise the total losses since the coronavirus intensified nearly three months ago to almost 30 million - more than triple the number of jobs lost during the 2008-2009 Great Recession.
The economy has sunk...
- 06/05/2020
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The Cheesecake Factory (CAKE) Catches Eye: Stock Jumps 7.6%
- The Cheesecake Factory (CAKE) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
- 06/05/2020
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Why Restaurant Stocks Climbed Again Thursday
- Restaurant stocks gained for the second day in a row on Thursday as hopes of a quick recovery continue to hold sway. Among Thursday's winners were Dave & Buster's (NASDAQ: PLAY), which finished up 22.4%, Ruth's Hospitality (NASDAQ: RUTH), which gained 9.6%, Denny's (NASDAQ: DENN), which closed 7.5% higher, and The Cheesecake Factory (NASDAQ: CAKE), which rose 7.6% on the day. There was no specific news out on these individual companies, but the group also rallied Wednesday after The Cheesecake Factory gave a business update that showed reopened restaurants would rapidly recover lost sales.
- 06/05/2020
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Another huge blow to US workers expected in May jobs report
- America’s workers likely suffered another devastating blow in May, with millions more jobs lost to the viral pandemic and an unemployment rate near or even above 20% for the first time since the Great Depression
- 06/05/2020
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Unemployment rate falls to 13.3%, US adds 2.5 million jobs
- WASHINGTON (AP) — The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the...
- 06/05/2020
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Is It Time To Take A Bite Of Cheesecake Factory's Stock?
- It seems people are ready to finally end the lockdowns due to the coronavirus pandemic and get out of their homes. Traders may be looking to capitalize on opportunities to buy the dip on popular businesses that will be reopening brick-and-mortar locations in the coming weeks and months.One of the industries yet to fully return to pre-coronavirus operations is dine-in food and beverage. Physical locations that have been desolate for months are slowly beginning to reopen their stores, thus creating a possible profit opportunity for investors.Time For CAKE?One such restaurant is Cheesecake Factory Inc (NASDAQ: CAKE), the nationally popular destination with over 200 locations in the U.S.. Since trading at around $42 at the beginning of February, shares have dropped roughly 38% to around $26.50.Chris Camillo, co-founder of Ticker Tags and co-host Dumb Money LIVE, says this presents a lot of opportunity as lockdowns begin to ease up."I am going long Cheesecake Factory because I believe that the shelter-in-place is going to transition here. It already has," he said Thursday. "You have to get riskier if you want to make money on some of these bounceback stocks...and restaurants (are) the last kind of bucket you can get into."A Personal IndicatorCamillo is also the part-owner of Chelsea Corner, a hot restaurant in Dallas, Texas. He mentioned seeing his restaurant's returning growth as an indicator of what's to come for the entire food and beverage industry in the coming weeks -- barring a major second wave of the virus."We're doing 65% of what we were doing at Chelsea Corner (before the pandemic started) already," he said.Should a major of the market's major securities bounce back as a result of increased consumer confidence and the end of lockdowns, Camillo also noted there are right and wrong times to let go of gains."We will stay in those rebound stocks for a long time, until the rebound is over," he noted. "When everybody is back in the restaurants and it's very clear and visible that no one's stay at home anymore (it's time to think about selling)."Related Links:The Story Behind The Ticker: The Cheesecake FactoryStephens On Cheesecake Factory: No Catalyst Or Recovery In SightSee more from Benzinga * 3 Outdoor Stocks To Watch For Summer 2020 * This Small-Cap Stock Just Ripped 20% Higher On New Online Gambling Deal * 4 Stocks Poised To Breakout With The Return Of Live Sports(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/04/2020
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Cheesecake Factory shares are trading higher after Piper Sandler maintained an Overweight rating on the stock and raised its target price from $23 to $27.
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Why Is Cheesecake Factory (CAKE) Up 23.6% Since Last Earnings Report?
- Cheesecake Factory (CAKE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 06/04/2020
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Piper Sandler Maintains Overweight on Cheesecake Factory, Raises Price Target to $27
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Company News for June 4, 2020
- Companies in the news are: LYFT, AEG, CAKE, HUGE
- 06/04/2020
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A Cheesecake-shaped recovery: Morning Brief
- Top news and what to watch in the markets on Thursday, June 4, 2020.
- 06/04/2020
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85 Biggest Movers From Yesterday
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Is It Time To Take A Bite Of Cheesecake Factory's Stock?
- It seems people are ready to finally end the lockdowns due to the coronavirus pandemic and get out of their homes. Traders may be looking to capitalize on opportunities to buy the...
- 06/04/2020
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Why These Restaurant Stocks Jumped on Wednesday
- Shares of Denny's (NASDAQ: DENN), Ruth's Hospitality Group (NASDAQ: RUTH), and Dine Brands Global (NYSE: DIN), various restaurant chains, all jumped today after positive sales data and trends from Cheesecake Factory and Red Robin Gourmet Burgers pushed the sector higher. At the close on Wednesday, Denny's was up 11.9%, Ruth's was up 8.8%, and Dine Brands was up 9.5%. The broader restaurant industry was feeling some relief Wednesday after Cheesecake Factory and Red Robin released business updates that emphasized dine-in crowds were rebounding.
- 06/03/2020
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Why Cheesecake Factory Sales Data Sent Restaurant Stocks Soaring
- Shares of Red Robin, Cracker Barrel, BJ's Restaurants, and Brinker International are jumping on encouraging news from Cheesecake Factory.
- 06/03/2020
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Why Darden Restaurants Stock Was Climbing Today
- Shares of Darden Restaurants (NYSE: DRI) were gaining as the Olive Garden parent moved in tandem with broad gains in the restaurant sector after The Cheesecake Factory (NASDAQ: CAKE) posted a favorable business update. As of 1:04 p.m. EDT, Darden shares were up 8%, while The Cheesecake Factory was trading up 21.1%. Darden owns several casual-dining chains, including LongHorn Steakhouse, Capital Grille, and Cheddar's Scratch Kitchen.
- 06/03/2020
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Cheesecake Factory Shares Sweeten on Sales Results
- Cheesecake Factory reported sales progress and expects to have about 65% of its dining rooms reopened with limited capacity by mid-June.
- 06/03/2020
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Why Dave & Buster's Stock Is Surging Higher Today
- Dine-in restaurants are on the rebound, and shorts are rethinking their positions with the company set to report first-quarter earnings next week.
- 06/03/2020
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58 Stocks Moving In Wednesday's Mid-Day Session
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Cheesecake Factory to reopen most locations by mid-June
- Yahoo Finance's Brian Sozzi, Alexis Christoforous, and Heidi Chung break down the market action for Cheesecake Factory.
- 06/03/2020
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Reopened Cheesecake Factory Restaurants Are Nearing Year-Ago Sales Levels
- Sales at reopened stores are at 75% of last year's levels, helped by continued off-premise strength.
- 06/03/2020
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Restaurant bookings have fully recovered in Germany in a sign that activity rebounds quickly as lockdowns ease
- Purchasing managers indexes in Europe and the U.S. show a service sector coming off the lows of April. Another place showing a strong recovery is Australia, which like Germany has been praised for its coronavirus response and has been further along in reopening than many countries. Cheesecake Factory (CAKE) on Tuesday said sales at restaurants that have been open have been running about 75% of year-earlier levels.
- 06/03/2020
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Cheesecake Factory Rises More Than 7% on Business Update
- Cheesecake Factory's (CAKE) second-quarter 2020 comps to reflect strong growth in off-premise and dine-in sales.
- 06/03/2020
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The Cheesecake Factory Reported Solid Results For Reopened Stores (NASDAQ:CAKE)
- The Cheesecake Factory, along with many other restaurant operators, is going through a rough patch. This is reflected in its share price, down more than 45% YTD
- 06/03/2020
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There’s a danger in the disconnect between complacent markets and weak fundamentals, analyst warns
- Mike Larson, senior analyst at Weiss Ratings, says he hasn’t seen markets this disconnected to reality in nearly a quarter-century.
- 06/03/2020
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Cheesecake Factory shares are trading higher after the company announced it has reopened 25% of its restaurants.
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Stocks making the biggest moves in the premarket: Campbell Soup, Coty, Tiffany, Zoom & more
- The stocks making the biggest moves in premarket trading include Campbell Soup, Coty, Tiffany, Zoom, and more.
- 06/03/2020
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17 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session
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Cheesecake Factory Spikes After-Hours As 75% Sales Recaptured
- Shares in Cheesecake Factory (CAKE) surged 8% in Tuesday’s after-hours trading after the company provided a positive business update given the ongoing Covid-19 pandemic.CAKE began to reopen dining rooms in the second week of May. Currently approximately 25% of the company’s restaurants, including 34 Cheesecake Factory restaurants, have reopened dining rooms with limited capacity.Most encouragingly, the reopened Cheesecake Factory restaurants have recaptured, on average, approximately 75% of prior year sales levels, which CAKE says “reflect[s] continued strength in off-premise sales and building dine-in business.”For restaurants that are continuing to only operate off-premise, current weekly off-premise sales would equate to nearly $4 million per unit on an annualized basis, on average, the company said.Overall, fiscal second quarter to-date comparable sales at Cheesecake restaurants are down 63%, including the impact of 87 full or partial closures due to recent demonstrations across the United States.Looking forward, the company expects to have approximately 65% of dining rooms that closed due to Covid-19 reopened with limited capacity by mid-June, including an anticipated 124 Cheesecake Factory restaurants.However this is subject to any closures due to further demonstrations and other factors related to the ongoing Covid-19 pandemic, CAKE added.Shares in Cheesecake Factory are currently trading down 46% on a year-to-date basis, and analysts have a cautious Hold consensus on the stock. The average analyst price target stands at $22 (3% upside potential). (See CAKE stock analysis on TipRanks.)“We believe management’s efforts to reduce costs will position the company to survive and take share when things normalize but also expect a slower sales recovery this year given its mall dependency and reduced earnings power longer-term from the expensive financing the company secured last month,” BTIG analyst Peter Saleh explained, as he recently reiterated his Hold rating without a price target.Related News: Starbucks Is Said To Further Cut Worker Hours Due To Sales Demand Lyft Rises 5% After-Hours On Strong May Performance More recent articles from Smarter Analyst: * Regeneron Starts Human Clinical Trials Of Covid-19 Antibody Cocktail * Emergent Bio Signs Covid-19 Vaccine Manufacturing Deal With AstraZeneca * Target Ramps Up Dividend By 3% * Sanofi Seeks Growth Strategy For Dupixent Drug To Meet €10B Peak Sales Target
- 06/03/2020
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8-K: CHEESECAKE FACTORY INC
- (EDGAR Online via COMTEX) --
0000887596 false 0000887596 2020-05-26 2020-05-27 iso4217:USD xbrli:shares
iso4217:USD xbrli:shares UNITED STATES SECURITIES AND...
- 06/02/2020
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Cheesecake Factory aims to reopen most of its restaurants by mid-June
- Shares of Cheesecake Factory Inc. undefined gained more than 5% in the extended session Tuesday after the restaurant chain said that its restaurants that...
- 06/02/2020
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Cheesecake Factory aims to reopen most of its restaurants by mid-June
- Shares of Cheesecake Factory Inc. gained more than 5% in the extended session Tuesday after the restaurant chain said that its restaurants that have reopened have managed to ramp up sales close to previous levels, but recent protests have hurt sales. Cheesecake Factory said that about a quarter of its restaurants, including 34 eponymous Cheesecake Factory restaurants, have reopened dining rooms with limited capacity in accordance with local health orders. Non-essential businesses across the U.S. shuttered starting in mid-March in most localities to slow the spread of the novel coronavirus. Those "have recaptured, on average, approximately 75% of prior year sales levels, reflecting continued strength in off-premise sales and building dine-in business," the company said. Same-store sales for the fiscal second quarter through May 31 are down about 63%, which includes the impact of 87 full or partial closures due to demonstrations across the U.S. over the weekend, the company said. Cheesecake Factory said it expects to have about 65% of its dining rooms reopened with limited capacity by mid-June, including some 124 Cheesecake Factory restaurants. The stock ended the regular trading day up 0.8%.
- 06/02/2020
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