Cheesecake Factory Incorporated Stock News

Consistent earnings performance has Cheesecake Factory Incorporated (CAKE) shares up.

The author provided two past public trades in The Cheesecake Factory Incorporated stock, both successful with 20% gains each, and now suggests holding a house position with profit. The Cheesecake Factory's sales continue to hold up and earnings are strong. Margins are quietly expanding in tandem with slow and steady footprint growth.

Cheesecake Factory Inc stock is closing in on all time highs. With the stock up 14% after its Q3 earnings report, is it too late to invest in the stock?

The Cheesecake Factory Incorporated (NASDAQ:CAKE ) Q3 2024 Earnings Call October 29, 2024 5:00 PM ET Company Participants Etienne Marcus - Vice President, Investor Relations David Overton - Chairman and Chief Executive Officer David Gordon - President Matt Clark - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Salera - Stephens Drew North - Baird Catherine...

CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2024, which ended on October 1, 2024. Total revenues were $865.5 million in the third quarter of fiscal 2024 compared to $830.2 million in the third quarter of fiscal 2023. Net income and diluted net income per share were $30.0 million and...

Steady growth and a safe dividend are what dividend investors should be looking for.

Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.

JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory (CAKE) and is pushing for the restaurant chain to break up.