Cheesecake Factory

Financing

Flower Child looks like a rising star for The Cheesecake Factory

Same-store sales at the fast-casual bowl concept rose 11% last quarter as Cheesecake ramps up development of the brand.

Workforce

Sysco employees say they're set to strike in Houston—and possibly elsewhere

The walkout would affect a host of restaurants in the market, including local units of The Cheesecake Factory, Jersey Mike's, Jimmy John's, Pappas Restaurants and the Buc-ee's c-store chain, according to the local Teamsters chapter planning the strike.

The casual-dining chain believes it could eventually open hundreds of North Italias, Flower Childs and Culinary Dropouts across the U.S., more than doubling its current footprint.

The casual-dining restaurant operator pushed back against calls from activist investor JCP Investment Management to spin off North Italia, Flower Child and Culinary Dropout.

JCP Investment Management believes North Italia, Flower Child and Culinary Dropout would grow faster as a separate company, the Wall Street Journal reported.

Traffic has remained steady for the casual-dining chain, despite a tough environment for full-service restaurants.

Restaurant Rewind: The lines between segments aren't the only traditional boundaries that are being smudged in today's competitive environment. Contrary to the old rules, concepts are tapping the drawing power of competitors for share of stomach.

Traffic at the casual-dining chain held steady thanks to what it called a “flight to quality” by customers on a budget.

The chain delivered another quarter of steady growth and few surprises. "Operators were in full control," said CFO Matthew Clark.

The chain said business is returning to its pre-pandemic rhythms: "It feels like a relatively normal year."

  • Page 1