CAKE Cheesecake Factory Desserts Available from Multiple Ghost Kitchens

By Mark Kalinowski Published on May 26, 2020 at 12:00 AM

A company called Ghost Kitchens is offering desserts from The Cheesecake Factory (CAKE; Neutral, $19.97) Bakery from at least five different locations in Canada, Kalinowski Equity Research LLC has learned. For example, the following is listed on DoorDash’s website in Calgary, Alberta, Canada:

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PZZA Every Long Journey Begins with the First Steps

By Mark Kalinowski Published on May 7, 2019 at 12:00 AM

After Tuesday’s market close, Papa John’s (PZZA; Buy) reported adjusted Q1 EPS of $0.31, surpassing our $0.24 estimate and sell-side consensus (according to Consensus Metrix) of $0.24. We attribute the earnings outperformance primarily to better-than-expected Domestic Company-Owned Restaurant Expenses/Domestic Company-Owned Restaurant Sales (33.4% actual vs. 35.5% projected).

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