CAKE Updating our Same-Store Sales and EPS Estimates for 2020E & 2021E

By Mark Kalinowski Published on March 30, 2020 at 12:00 AM

We lower our U.S. same-store sales estimates for The Cheesecake Factory (CAKE; Neutral) as follows:
Q1E 2020: down by -23 percentage points to -21.0%
Q2E 2020: down by -51.5 percentage points to -50%
Q3E 2020: down by -26.5 percentage points to -25%
Q4E 2020: down by -16.5 percentage points to -15%
Full-year 2020E: down by -29.4 percentage points to -27.8%
Full-year 2021E: up by +8.5 percentage points to +10.0%

CAKE Highlights from Our Conference Call Featuring The Cheesecake Factory

By Mark Kalinowski Published on March 9, 2020 at 12:00 AM

This past Thursday afternoon, we hosted the latest in our “Ask the Experts” series of conference calls, this time around with featured speakers from The Cheesecake Factory: Executive Vice President and Chief Financial Officer (CFO) Matt Clark, and Senior Director, Investor Relations Stacy Feit. Here are some brief highlights from this call:

CAKE Ask the Experts Call Series The Cheesecake Factory

By Mark Kalinowski Published on March 4, 2020 at 12:00 AM

Kalinowski Equity Research invites you to participate in our latest “Ask the Experts” conference call, to take place on Thursday, March 5th starting at 2:00 PM Eastern time. The featured speakers will be The Cheesecake Factory’s Executive Vice President and Chief Financial Officer (CFO) Matt Clark, and Senior Director, Investor Relations Stacy Feit.