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Cheesecake Factory

Financing

The Cheesecake Factory puts faith in higher prices

The casual-dining chain said consumers are accepting of price hikes even as sales slowed. It will need to take even more to fight off inflation.

Financing

Cheesecake Factory says COVID—not the economy—is messing with sales

Regional spikes are having an impact on the chain’s top line. Meanwhile, it continues to battle higher costs for food and labor.

The Arizona restaurateur is finally ready to add locations of Detroit-style Fly Bye and full-service Doughbird after running them as single units for years.

Despite omicron and the war in Ukraine, executives said it's been the most stable period since the start of the pandemic.

The Bottom Line: A Placer.ai analysis found customers are less willing to drive long distances to visit Sonic or The Cheesecake Factory, suggesting a quiet impact of inflation on dining habits.

Strong sales paired with higher prices have the chain set up for a big year, executives said.

A self-avowed perpetual entrepreneur, Restaurant Leader of the Year finalist David Overton relies heavily on personal preferences and his own tastes in running what's now a multi-billion-dollar company sporting a multitude of brands.

Restaurants are developing new strategies to navigate product shortages, delays and distribution headaches.

The chain’s sales have recovered from the pandemic and accelerated, while more than a quarter of them are for takeout and delivery.

In the nearly 30 years since opening his first restaurant, Fox has become a concept developer whose ideas regularly get scooped up by big-time investors and chains.

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