CHEESECAKE FACTORY $CAKE Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $1.03B (Est. $1.00B) 🟢; +14% YoY
🔹 Adj. EPS: $1.02 (Est. $0.95) 🟢
🔹 Comparable Sales: +15.2% YoY
Affirms FY26 Guide:
🔹 New Restaurants: As many as 26
Segment Net Revenue:
🔹 Cheesecake Factory: $754.4M
🔹 North Italia: $93.0M
🔹 Other FRC: $90.3M
🔹 Other: $95.8M; +1% YoY
Announcements:
🔹 Opened: Six new restaurants, including two Cheesecake Factory restaurants, one North Italia, one Flower Child and two FRC restaurants
🔹 Subsequent Openings: Two Flower Childs and one FRC restaurant
Other Q3 Metrics:
🔹 Comparable Sales: +15.2% YoY
🔹 Net Income: $61.3M
Comments:
🔸 “with margins and earnings also exceeding our expectations”
🔸 “comparable sales and traffic meaningfully outperforming the broader casual dining industry”