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Cheesecake Factory (The) - CAKE STOCK NEWS

Welcome to our dedicated page for Cheesecake Factory (The) news (Ticker: CAKE), a resource for investors and traders seeking the latest updates and insights on Cheesecake Factory (The) stock.

The Cheesecake Factory Incorporated (symbol: CAKE) is a prominent player in the upscale casual dining industry, having pioneered the segment with its namesake concept introduced in 1978. The company is renowned for its extensive and diverse menu, featuring over 250 items made fresh from scratch daily, including the signature cheesecakes and desserts that have become a staple of the brand. Headquartered in Calabasas Hills, CA, The Cheesecake Factory owns and operates restaurants in the United States and Canada, under various brands such as The Cheesecake Factory, North Italia, and several subsidiaries within the Fox Restaurant Concepts.

The company's international footprint extends to the Middle East and Mexico through licensing agreements with third-party operators. Additionally, The Cheesecake Factory has a robust bakery division that supplies cheesecakes and other baked goods to its restaurants, international licensees, and third-party customers in the bakery sector.

With four primary business segments—The Cheesecake Factory restaurants, North Italia, other FRC (Fox Restaurant Concepts) brands, and Flower Child—the company generates the bulk of its revenue from The Cheesecake Factory restaurants. Recent achievements include continued expansion of their restaurant portfolio, strategic enhancements to their menu, and increased focus on digital and delivery platforms to meet evolving consumer preferences.

The Cheesecake Factory offers dynamic career opportunities, with defined paths for advancement in both restaurant and kitchen management roles. The corporate headquarters support various business units and include departments such as construction, design, executive management, guest services, legal, purchasing, risk services, finance, human resources, marketing, and performance development.

For investors, The Cheesecake Factory remains a compelling option in the dining sector, driven by a strong brand identity, diversified revenue streams, and a commitment to quality and innovation.

News

The Cheesecake Factory Sweetens the Season With New Holiday Cheesecake and Special Gift Card Offer

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The Cheesecake Factory Incorporated (CAKE) introduces a new holiday Peppermint Stick Chocolate Swirl Cheesecake, available at all their restaurants nationwide. The festive flavor is available by the slice or as a 10-inch cake, perfect for holiday gatherings. Additionally, they are offering a holiday gift card promotion, where guests receive a $15 bonus card for every $50 worth of gift cards purchased, redeemable from January 1 through February 29, 2024.
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The Cheesecake Factory Makes the Holidays Sweeter With Special Gift Card Offer

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The Cheesecake Factory (NASDAQ: CAKE) is offering a holiday gift card promotion where guests will receive a $15 bonus card for every $50 worth of gift cards purchased online or in restaurants. The offer is available from November 20 through the end of the year, and the bonus card can be redeemed from January 1 through February 29, 2024. The promotion features more than 250 menu selections and over 30 legendary cheesecakes, making it a sweet holiday gift for anyone. The gift cards and bonus cards can be used for dining in, ordering online for pickup, or curbside to-go from The Cheesecake Factory's website.
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The Cheesecake Factory to Present at the Stephens Annual Investment Conference

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The Cheesecake Factory Incorporated (NASDAQ: CAKE) will participate in the Stephens Annual Investment Conference in Nashville, TN from November 14-16, 2023. President David Gordon and CFO Matthew Clark will have a fireside chat on November 15 at 10:00 a.m. CT. The chat will be webcasted on the company's website and a replay will be available for 30 days. Investors can schedule a meeting with management through their Stephens sales representative.
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The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2023 and Provides Business Update

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The Cheesecake Factory reported total revenues of $830.2 million in Q3 2023, compared to $784.0 million in Q3 2022. Net income was $17.9 million, with diluted net income per share of $0.37. Comparable restaurant sales increased 2.4% YoY and 12.6% relative to Q3 2019. The company opened two new restaurants in Q3 and expects to open up to 16 new restaurants in fiscal 2023. Total available liquidity was $300.5 million, with a cash balance of $64.0 million. The company repurchased approximately 453,400 shares of its stock at a cost of $14.6 million.
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No Tricks, Just Treats! The Cheesecake Factory Treats Cheesecake Rewards Members to Free Slices of Cheesecake

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Cheesecake Factory is offering a special promotion for its Cheesecake Rewards members. From now until November 2, members can receive a complimentary slice of either REESE’S Peanut Butter Chocolate Cake Cheesecake or HERSHEY’S Chocolate Bar Cheesecake with a dine-in, takeout, or delivery order of $40 or more. The promotion is available nationwide and guests who sign up for Cheesecake Rewards by November 2 will receive the offer the same day.
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The Cheesecake Factory Announces Plans for Third Bakery Production Facility

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The Cheesecake Factory has acquired a 37-acre site in Charlestown, Indiana to develop its third bakery production facility. The facility will produce cheesecakes and bakery products for the company's restaurants and other wholesalers, retailers, and distributors. The company plans to support its domestic and international growth with this new facility.
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The Cheesecake Factory to Webcast Third Quarter Fiscal 2023 Earnings Conference Call on November 1, 2023

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The Cheesecake Factory will release its Q3 fiscal 2023 financial results on November 1, 2023.
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The Cheesecake Factory to Participate in Upcoming Investor Conferences

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The Cheesecake Factory (NASDAQ: CAKE) announces participation in investor conferences, including Piper Sandler Growth Frontiers Conference and Wells Fargo 6th Annual Consumer Conference.
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The Cheesecake Factory Named to the ‘PEOPLE Companies That Care’ List for Third Consecutive Year

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The Cheesecake Factory recognized as one of the 2023 PEOPLE Companies That Care, highlighting their community impact and employee work experience.
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The Cheesecake Factory Makes Going Back to School Sweeter With Special Online Gift Card Offer

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NASDAQ: CAKE - The Cheesecake Factory offers a special online gift card promotion from August 7 through Labor Day, giving guests a $10 Bonus Card for every $50 in Gift Cards purchased. With an extensive menu and more than 30 legendary cheesecakes, the Gift Cards and Bonus Cards are perfect for gifting or personal use.
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FAQ

What is the current stock price of Cheesecake Factory (The) (CAKE)?

The current stock price of Cheesecake Factory (The) (CAKE) is $48.37 as of December 20, 2024.

What is the market cap of Cheesecake Factory (The) (CAKE)?

The market cap of Cheesecake Factory (The) (CAKE) is approximately 2.5B.

What is The Cheesecake Factory Incorporated?

The Cheesecake Factory Incorporated is a leader in the upscale casual dining industry, known for its diverse menu and signature cheesecakes.

Where is The Cheesecake Factory headquartered?

The Cheesecake Factory is headquartered in Calabasas Hills, CA.

What brands does The Cheesecake Factory operate?

The Cheesecake Factory operates under brands including The Cheesecake Factory, North Italia, and several subsidiaries within the Fox Restaurant Concepts.

Does The Cheesecake Factory have an international presence?

Yes, The Cheesecake Factory has a presence in the Middle East and Mexico through licensing agreements with third parties.

What types of products does The Cheesecake Factory's bakery division produce?

The bakery division produces cheesecakes and other baked goods for sale in its restaurants, to international licensees, and to third-party bakery customers.

What are the main business segments of The Cheesecake Factory?

The main business segments are The Cheesecake Factory restaurants, North Italia, other FRC brands, and Flower Child.

Where does the majority of The Cheesecake Factory's revenue come from?

The majority of the company's revenue comes from The Cheesecake Factory restaurants segment.

What career opportunities does The Cheesecake Factory offer?

The Cheesecake Factory offers career opportunities in restaurant and kitchen management, with pathways for advancement to general manager and executive kitchen manager roles.

What departments are located at The Cheesecake Factory's corporate headquarters?

Departments at the corporate headquarters include construction, design, executive management, guest services, legal, purchasing, risk services, finance, human resources, marketing, and performance development.

How does The Cheesecake Factory stay relevant in the dining sector?

The Cheesecake Factory stays relevant through continuous expansion, menu enhancements, and a focus on digital and delivery platforms.

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Cheesecake Factory (The)

Nasdaq:CAKE

CAKE Rankings

#1807 Ranked by Market Cap
#1325 Ranked by Dividends

CAKE Stock Data

2.48B
47.55M
6.85%
91.93%
11.62%
Restaurants
Retail-eating Places
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United States of America
CALABASAS HILLS