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Cheesecake Factory

Financing

Casual dining silences its doubters with head-turning July results

 By Peter Romeo on Aug. 03, 2021

The recent flurry of earnings reports shows a sector enjoying a clear boom. The question is, will it last?

Financing

Cheesecake Factory plans to overhaul its marketing capabilities

 By Peter Romeo on Jul. 28, 2021

The polished casual chain will invest in new database technology and the development of an "on-brand" loyalty program. Messaging will focus on raising awareness of the brand.

Financing

Sales rebound puts Cheesecake Factory on route to $12M AUV

By Peter Romeo on Jul. 27, 2021

Staffing challenges aren't hampering sales, which are running 10% over pre-pandemic levels.

Financing

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

By Peter Romeo on Jun. 14, 2021

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

Financing

5 ways The Cheesecake Factory is bucking the trends

By Peter Romeo on Apr. 29, 2021

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.

Operations

Cheesecake sees pent-up demand for its dining rooms

By Heather Lalley on Feb. 18, 2021

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

Financing

Cheesecake Factory settles SEC allegations of misleading investors about the pandemic's impact

By Peter Romeo on Dec. 04, 2020

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

Workforce

Cheesecake Factory restores corporate pay, majority of suspended jobs

By Peter Romeo on Aug. 27, 2020

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

Operations

Cheesecake Factory finds outdoor service nearly matches dine-in volumes

By Peter Romeo on Jul. 30, 2020

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

Operations

Racial turmoil shuts 87 Cheesecake Factory restaurants

By Peter Romeo on Jun. 03, 2020

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

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