Friday December 7, 2018, 00:00:00
We briefly note the following tidbits regarding Dunkin’ (owned by Dunkin’ Brands Group [DNKN; Neutral]), Burger King (owned by Restaurant Brands International [QSR; Not Rated]), Papa John’s (PZZA; Buy), and privately-held Inspire Brands as it relates to The Cheesecake Factory (CAKE; Neutral):
Tuesday December 4, 2018, 00:00:00
We recently met with The Cheesecake Factory (CAKE; Neutral) — including CFO Matthew Clark; Senior Director, Investor Relations Stacy Feit; and Senior Financial Analyst, Investor Relations Heather Livingston — in Calabasas, California. We thank them for their time! Topics of interest that we asked about include North Italia (an acquisition of which could transform the company quite meaningfully) and wage inflation (particularly important for a company which owns and operates 100% of its U.S. restaurants). We maintain our Neutral rating on CAKE, and note the following:
Tuesday December 4, 2018, 00:00:00
With this report, we update our data-driven Kalinowski Casual Dining Index for Q4E from +1.6% to +2.1%. This 50 basis-point increase is based on our latest proprietary checks/data as regards same-store sales performance so far for this segment during October and the first half of November.
Thursday December 4, 2025
Tuesday December 2, 2025
Tuesday November 25, 2025
Thursday December 4, 2025
Tuesday December 2, 2025
Tuesday November 25, 2025