Expects to open two Cheesecake Factory (CAKE) restaurants internationally in 2025. Says improved execution drove margin expansion. Says guest feedback remains “overwhelmingly positive.” Says strengthened balance sheet, liquidity in Q1. Comments taken from Q1 earnings conference call.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAKE:
- Cheesecake Factory Q1 2025 Financial Results Released
- Cheesecake Factory targets 1%-2% annual comparable sales growth
- Cheesecake Factory targets as many as 25 new restaurant openings in 2025
- Cheesecake Factory sees FY25 revenue ~$3.76B, consensus $3.78B
- Cheesecake Factory reports Q1 adjusted EPS 93c, consensus 82c