Wednesday March 17, 2021, 16:44:00
The Cheesecake Factory likely will release its Q1 2021 earnings in late April or early May. How do CAKE shares tend to trade heading into earnings, and the day after an earnings release?
Wednesday February 17, 2021, 16:53:00
After today’s (Wednesday’s) market close, The Cheesecake Factory reported adjusted Q4 EPS of -$0.32, below our +$0.06 forecast and sell-side consensus (according to Consensus Metrix) of -$0.02.
Tuesday December 8, 2020, 00:00:00
About six months ago, we published a report examining market-share opportunities within the casual dining sector. In this report, we update our numbers. One of the important changes is that we now look for 8%-20% of the casual dining restaurants in the U.S. that were in operation as of the start of 2020 to be closed permanently by the end of March 2021. (Previously, we were looking for 3%-15% of casual dining restaurants to be closed permanently by the end of December 2020.) Keep in mind that we expect these closures to be heavily weighted toward independents/momand-pops and, to a somewhat lesser degree, smaller (privately-held in nearly all cases) restaurant chains.
Thursday October 10, 2024
Thursday October 10, 2024