Welcome to our dedicated page for Cheesecake Factory news (Ticker: CAKE), a resource for investors and traders seeking the latest updates and insights on Cheesecake Factory stock.
The Cheesecake Factory Incorporated (NASDAQ: CAKE) is a restaurant and bakery company that regularly issues news about its operations, promotions and financial performance. The company describes itself as a leader in experiential dining, with a culinary-forward approach and a strong focus on hospitality, and it owns and operates restaurants under brands including The Cheesecake Factory, North Italia, Flower Child and other Fox Restaurant Concepts brands.
News related to CAKE often covers quarterly financial results, where the company reports revenues, segment performance and comparable restaurant sales for concepts such as The Cheesecake Factory restaurants, North Italia and other FRC brands. These releases also discuss development activity, including the number of new restaurants opened across its concepts and the expansion of international-licensed locations operating under The Cheesecake Factory brand.
Investors and followers of the stock will also see announcements about dividends, liquidity and capital allocation, including details on convertible senior notes, share repurchases and quarterly cash dividends declared by the board of directors. Form 8-K filings frequently reference accompanying press releases and investor presentations that provide additional context on the company’s financial condition and strategy.
For customers and brand followers, The Cheesecake Factory’s news highlights promotional offers and guest programs. Examples include seasonal gift card promotions that provide bonus cards or dining credits when purchasing gift cards, as well as information about Cheesecake Rewards, the company’s rewards program that offers benefits such as a complimentary birthday slice and exclusive access to offers. Product-focused news, such as the return of seasonal cheesecake flavors, illustrates how the company uses menu innovation and limited-time offerings to engage guests.
This CAKE news page brings together these categories of updates—earnings, capital decisions, restaurant development, promotions and rewards program announcements—so readers can follow how The Cheesecake Factory communicates with both investors and guests over time.
The Cheesecake Factory (NASDAQ:CAKE) is celebrating National Cheesecake Day on July 30, 2025 with a special promotion offering half-price cheesecake slices exclusively for Cheesecake Rewards members dining in, with a limit of six discounted slices per party.
The restaurant chain is also introducing its newest flavor, Peach Perfect with Raspberry Drizzle, featuring peach cheesecake swirled with peaches on a vanilla crust and topped with raspberry sauce. For each slice of this new flavor sold through July 29, 2026, the company will donate 25 cents to Feeding America, supporting their nationwide hunger-relief efforts.
The Cheesecake Factory (NASDAQ: CAKE) has scheduled its second quarter fiscal 2025 earnings conference call for July 29, 2025. The company will release its financial results after market close, followed by a conference call at 2:00 p.m. Pacific Time. Investors can access the webcast through the company's investor relations website at investors.thecheesecakefactory.com.
The Cheesecake Factory reported strong Q1 2025 financial results with total revenues of $927.2 million, up from $891.2 million in Q1 2024. The company achieved net income of $32.9 million and diluted earnings per share of $0.67.
Comparable restaurant sales increased 1.0% year-over-year. After adjusting for special items including debt extinguishment and acquisition costs, adjusted net income was $45.7 million with adjusted earnings of $0.93 per share.
The company demonstrated robust expansion by opening eight new restaurants in Q1, including three North Italia, three Flower Child, and two Fox Restaurant Concepts locations. Looking ahead, they plan to open up to 25 new restaurants in fiscal 2025.
Financial highlights include a strong liquidity position of $501.9 million and successful issuance of $575 million in convertible notes. The company also repurchased 2.6 million shares and declared a quarterly dividend of $0.27 per share.
The Cheesecake Factory (NASDAQ: CAKE) has announced a special Mother's Day gift card promotion running from April 28, 2025, through May 11, 2025. Customers who purchase $50 in gift cards online in a single transaction will receive a complimentary $10 Bonus Card.
The Bonus Cards will be redeemable from May 12, 2025, through June 4, 2025, and can be used for the restaurant's extensive menu featuring:
- Over 250 freshly prepared dishes, including 20+ new items
- More than 30 legendary cheesecakes
The gift cards can be used for both dining in and online orders for pickup or curbside to-go through the company's website. The promotion is subject to availability and cannot be combined with other discounts or offers.
The Cheesecake Factory (NASDAQ: CAKE) has announced its upcoming first quarter fiscal 2025 earnings release and conference call schedule. The company will disclose its financial results after market close on Wednesday, April 30, 2025. A conference call to discuss the quarterly performance will be held the same day at 2:00 p.m. Pacific Time. Investors and interested parties can access the webcast through the company's investor relations website at investors.thecheesecakefactory.com.
The Cheesecake Factory (NASDAQ: CAKE) has achieved a significant milestone by being named to Fortune's 100 Best Companies to Work For® list for the twelfth consecutive year, ranking #23. The company stands as the only restaurant business to maintain this recognition for twelve straight years.
The prestigious recognition is primarily based on a confidential employee survey that evaluates workplace culture, including factors such as trust in management, coworker connections, and company loyalty. The assessment combines both quantitative and qualitative feedback about the organization's culture.
David Overton, Founder, Chairman and CEO, highlighted the company's 45-year journey in building a strong corporate culture and creating memorable guest experiences. The recognition reflects The Cheesecake Factory's commitment to maintaining an exceptional work environment and fostering positive workplace relationships.
The Cheesecake Factory (NASDAQ: CAKE) has priced an upsized offering of $500 million convertible senior notes due 2030, increased from the previously announced $450 million. The notes will carry a 2.00% annual interest rate, payable semi-annually, and mature on March 15, 2030.
The initial conversion rate is 14.1377 shares per $1,000 principal amount, representing a conversion price of approximately $70.73 per share - a 30% premium over the last reported share price of $54.41.
Of the estimated $485.6 million net proceeds, the company plans to use:
- $130 million to repurchase 2.4 million shares of common stock
- $290 million to repurchase $276 million of its 2026 convertible notes
- Remaining funds for general corporate purposes and debt repayment
The Cheesecake Factory (NASDAQ: CAKE) announced plans to offer $450 million in convertible senior notes due 2030, with an additional $67.5 million option for initial purchasers. The notes will be senior, unsecured obligations with semi-annual interest payments, convertible under certain conditions into cash and potentially common stock.
The company plans to use $130 million of the proceeds to repurchase shares of its common stock and another portion to repurchase some of its outstanding 0.375% Convertible Senior Notes due 2026. The remaining funds will be allocated for general corporate purposes, including debt repayment under its revolving credit facility.
The notes will be redeemable after March 20, 2028, if the stock price exceeds 130% of the conversion price. In case of a fundamental change, noteholders may require the company to repurchase their notes for cash.
The Cheesecake Factory (NASDAQ: CAKE) reported strong Q4 2024 financial results with total revenues of $921.0 million, up from $877.0 million in Q4 2023. Net income reached $41.2 million with diluted EPS of $0.83. Adjusted for impairment and lease expenses, net income was $51.8 million with adjusted EPS of $1.04.
Comparable restaurant sales increased 1.7% year-over-year. The company opened nine new restaurants in Q4, including three North Italia locations, two Flower Child locations, and two FRC restaurants. For fiscal 2025, they plan to open up to 25 new restaurants.
The company maintains strong liquidity of $340.7 million, including $84.2 million in cash. They repurchased 11,800 shares at $0.5 million in Q4 and declared a quarterly dividend of $0.27 per share, payable March 18, 2025.
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