The Cheesecake Factory Named to the ‘PEOPLE Companies that Care’ List for Fourth Consecutive Year

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The Cheesecake Factory (NASDAQ: CAKE) has been recognized on the 2024 PEOPLE Companies that Care® list for the fourth consecutive year, ranking 47th. This recognition is based on an anonymous employee survey assessing the company's culture and community impact. The Cheesecake Factory's commitment to community support is evident through its Nourish Program, which donated over 646,000 pounds of food to more than 450 local non-profits in 2023.

Since 2008, the company has contributed over $6.6 million to Feeding America® through specially designated cheesecake sales. The Give Back program, sponsored by their charitable foundation, enables staff to volunteer for various charities. In 2024, The Cheesecake Factory was also named one of the Fortune '100 Best Companies to Work For®' for the eleventh consecutive year, highlighting its commitment to employee satisfaction and community engagement.

List Recognizes Companies that Demonstrate Outstanding Respect, Care and Concern for their Employees, their Communities and the Environment

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.

(Photo: Business Wire)

Earning a spot on the list means that The Cheesecake Factory has surpassed rigorous benchmarks, establishing itself as one of the best companies to work for in the country.

“The Cheesecake Factory is honored to be named to the PEOPLE Companies that Care list for the fourth year in a row,” said David Overton, Founder, Chairman and CEO of The Cheesecake Factory Incorporated. “Since opening our first restaurant in Beverly Hills in 1978, we have strived to create a very special company culture of doing the right thing and giving back to our communities, and this award is such a wonderful acknowledgment of what we have worked to create.”

Among The Cheesecake Factory’s programs that support its local communities is the Nourish Program whereby the company regularly donates excess food from its restaurants to local non-profits. Through this program the company donated more than 646,000 pounds of food to more than 450 local non-profits in 2023.

And, through the sale of its specially designated cheesecakes, since 2008 The Cheesecake Factory has donated more than $6.6 million to Feeding America®, the nation’s largest hunger-relief organization dedicated to ending hunger through a network of partner food banks and meal programs. Additionally, through the Give Back program, sponsored by The Cheesecake Factory Oscar and Evelyn Overton Charitable Foundation, the company’s staff members can volunteer their time for fundraising and community service projects for the charities of their choice, contributing to hundreds of charities across the country in 2023.

In 2024, The Cheesecake Factory was named one of the Fortune "100 Best Companies to Work For®" for the eleventh consecutive year.

For more information about The Cheesecake Factory, visit www.TheCheesecakeFactory.com

For career opportunities, visit www.cakecareers.com

About The Cheesecake Factory Incorporated

The Cheesecake Factory is a leader in experiential dining. We are culinary forward and relentlessly focused on hospitality. Delicious, memorable experiences created by passionate people – this defines who we are and where we are going. We currently own and operate 339 restaurants throughout the United States and Canada under brands including The Cheesecake Factory®, North Italia®, Flower Child® and a collection of other FRC brands. Internationally, 34 The Cheesecake Factory® restaurants operate under licensing agreements. Our bakery division operates two facilities that produce quality cheesecakes and other baked products for our restaurants, international licensees and third-party bakery customers. In 2024, we were named to the FORTUNE Magazine "100 Best Companies to Work For®" list for the eleventh consecutive year. To learn more, visit www.thecheesecakefactory.com, www.northitalia.com, www.iamaflowerchild.com and www.foxrc.com.

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune^® and Fortune 100 Best Companies to Work For^® are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, The Cheesecake Factory Incorporated.

About the PEOPLE Companies that Care List

Great Place To Work selected the 2024 PEOPLE Companies that Care List by gathering and analyzing over 1.3 million confidential survey responses from companies representing more than 8.2 million U.S. employees at Great Place To Work Certified organizations. Of those, more than a million responses came from employees at companies eligible for the list and these rankings are based on that feedback. Company rankings are derived from 60 employee experience questions within the Great Place To Work Trust Index™ Survey. Read the full methodology.

About Great Place to Work®

As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified or receiving recognition on a coveted Best Workplaces™ List.

Follow Great Place To Work on LinkedIn, X, and Instagram or visit greatplacetowork.com and sign up for the newsletter to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240821200037/en/

MEDIA

Berk Communications

Brooke Levine / Alexandra Seibt

732-735-5982 / 440-413-6606

cheesecake@berkcommunications.com

Source: The Cheesecake Factory Incorporated

FAQ

What recognition did The Cheesecake Factory (CAKE) receive in 2024?

The Cheesecake Factory (CAKE) was recognized on the 2024 PEOPLE Companies that Care® list, ranking 47th. This marks their fourth consecutive year on the list.

How much food did The Cheesecake Factory donate through its Nourish Program in 2023?

In 2023, The Cheesecake Factory donated over 646,000 pounds of food to more than 450 local non-profits through its Nourish Program.

How much has The Cheesecake Factory (CAKE) donated to Feeding America since 2008?

Since 2008, The Cheesecake Factory has donated more than $6.6 million to Feeding America through the sale of specially designated cheesecakes.

What other workplace recognition did The Cheesecake Factory receive in 2024?

In 2024, The Cheesecake Factory was named one of the Fortune '100 Best Companies to Work For®' for the eleventh consecutive year.