Cheesecake Factory


Cheesecake Factory buys most of Roark's stake for $457M

Roark managing partner Neal Aronson will retain control of a 4.6% stake. The buyback more than doubled Roark's initial investment.


5 ways The Cheesecake Factory is bucking the trends

The polished casual brand and its Italian sister, North Italia, are solidly part of casual dining’s rebound. But that doesn’t mean they’re running with the pack.

As an added bonus, the operator said interest in its off-premise offerings also remains strong.

The company neither affirmed nor denied the agency's allegations that it presented an inaccurate assessment early in the crisis.

The moves underscore the polished-casual brand’s progress toward pre-pandemic performance levels.

It's also held onto 90% of to-go sales at locations that have re-opened dining rooms.

The operations were fully or partially closed as reopened units saw sales climb back to 75% of pre-COVID levels.

Off-premise sales are running at an annual rate of about $4 million a year.

First Cheesecake Factory, then BJ’s Restaurants, now Dave & Buster’s. RB’s The Bottom Line looks at the latest trend in investing amid the coronavirus.

The Cheesecake Factory

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