Tuesday October 30, 2018, 00:00:00

CAKE (Post-Call) Q3 Same-Store Sales a Little Less Fluffy Than Expected

By Mark Kalinowski

After Tuesday’s market close, The Cheesecake Factory (CAKE; Neutral) reported Q3 adjusted EPS of $0.62, ahead of our $0.57 forecast and the sell-side consensus of $0.58, as measured by Consensus Metrix. By our math, a lower-than-expected tax rate (5.9% actual vs. 12.9% forecasted) helped Q3 EPS by about $0.04-$0.05.

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Monday October 29, 2018, 00:00:00

Tidbits re WEN, KFC (owned by YUM), CAKE, Acquisition Activity, & Focus Brands

By Mark Kalinowski

We briefly note the following tidbits regarding Wendy’s (WEN; Neutral), KFC (owned by Yum Brands [YUM; Buy]), The Cheesecake Factory (CAKE; Neutral), possible acquisition activity by privately-held Inspire Brands (owned by privately-held Roark Capital), and privately-held Focus Brands (also owned by Roark Capital):

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Thursday January 1, 1970, 00:00:00

CAKE CHANGING OUR RATING ON THE CHEESECAKE FACTORY TO…

By Mark Kalinowski

Read the Full Report

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