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Cheesecake Factory Inc. - CAKE STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cheesecake Factory's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cheesecake Factory's position in the market.

Rhea-AI Summary
The Cheesecake Factory Incorporated (NASDAQ: CAKE) will release its first quarter fiscal 2024 financial results on May 8, 2024, after market close. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time on the same day. The webcast of the call can be accessed on the Company’s website, investors.thecheesecakefactory.com, with a replay available until June 7, 2024.
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Rhea-AI Summary
The Cheesecake Factory Incorporated (NASDAQ: CAKE) has been recognized as one of the Fortune 100 Best Companies to Work For® for the eleventh consecutive year. The company ranked 40 on the list, showcasing its commitment to creating a great employee work experience. The recognition is based on a confidential employee survey measuring key attributes like trust, communication, respect, and teamwork.
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-1.72%
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Rhea-AI Summary
The Cheesecake Factory Incorporated (CAKE) reported Q4 2023 revenue of $877.0 million, a decrease from Q4 2022 due to a shorter operating period. Adjusted net income was $39.0 million with positive comparable sales growth. The company opened new restaurants domestically and internationally, focusing on long-term growth and shareholder value.
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3.21%
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Rhea-AI Summary
The Cheesecake Factory Incorporated (CAKE) to present at Raymond James 45th Annual Institutional Investors Conference on March 5, 2024. The presentation by President David Gordon and CFO Matthew Clark will be webcasted on the company's website.
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-0.49%
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conferences
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Rhea-AI Summary
The Cheesecake Factory Incorporated (NASDAQ: CAKE) is set to release its fourth quarter fiscal 2023 financial results on February 21, 2024, after market close. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time. The call will be webcast and available for replay on the company's website through March 22, 2024.
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End-of-Day
3.99%
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conferences earnings
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Rhea-AI Summary
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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-0.77%
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Rhea-AI Summary
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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0.49%
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Rhea-AI Summary
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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-2.01%
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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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-2.01%
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Rhea-AI Summary
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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2.24%
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Cheesecake Factory Inc.

Nasdaq:CAKE

CAKE Rankings

CAKE Stock Data

1.71B
40.49M
7.2%
88.07%
12.6%
Food Service Contractors
Accommodation and Food Services
Link
US
Calabasas Hills

About CAKE

the cheesecake factory incorporated created the upscale casual dining segment in 1978 with the introduction of its namesake concept. as a leader in the upscale casual dining industry we offer many exciting and rewarding career opportunities for staff members to blaze their own trail of success. at the cheesecake factory we offer both restaurant manager and kitchen manager opportunities in our 3 concepts. our management career paths offer 5 levels of management. we hire restaurant and kitchen managers and provide them an opportunity to grow and develop at a self-directed pace to general manager and executive kitchen manager. at our corporate center located in calabasas hills, ca we support our many business units including 3 restaurant concepts and 2 bakery facilities. our corporate headquarters are comprised of several departments - construction, design, executive management, guest services, legal, purchasing, risk services, finance, human resources, marketing, performance development,