Cheesecake Factory Incorporated (CAKE)

In the past six months, Cheesecake Factory, Inc. reported total revenues of $961.6 million for the fourth quarter of fiscal 2025, but comparable restaurant sales declined by 2.2%. The Board of Directors approved an increase of 5.0 million shares to the existing repurchase program and increased the quarterly dividend by $0.03 to $0.30 per share. The stock jumped 3.6% following news of a two-week reprieve in the Iranian conflict. There were reports of insider selling by executives. A dividend of $0.27 per share was paid on November 25, 2025, and a $0.30 dividend was paid on March 17, 2026. The stock price increased by 0.65% on April 10, 2026, closing at $59.15.

The Cheesecake Factory experiences higher sales and customer traffic during warmer months, typically from April to September, and slower sales during the winter months, particularly January and February. Dine-in restaurants can see a decline in patrons during holidays as people spend more time at home with family. Cold weather typically increases demand for comfort foods, while warmer months favor lighter fare and cold drinks.

The Cheesecake Factory Incorporated is a restaurant company known for its high-quality dining experience and operates full-service restaurants and distributes cheesecakes. The company's menu features over 200 items, including steaks, pasta, and salads, with desserts, including 45 varieties of cheesecakes, accounting for approximately 17% of sales. The Cheesecake Factory Incorporated also owns North Italia, Flower Child, and brands under Fox Restaurant Concepts, and has a bakery division producing cheesecakes for its restaurants and third-party customers.

As of 2026, The Cheesecake Factory Incorporated operates 370 full-service restaurants globally, including 218 Cheesecake Factory restaurants, 47 North Italia restaurants, and 105 other brand restaurants. In the United States, there are 218 Cheesecake Factory restaurants across 43 states and territories, with California having the most locations. Internationally, the company has 35 licensed locations in 12 countries and territories across the Americas and Asia. The company operates bakery production facilities in Calabasas, California, and Rocky Mount, North Carolina.

The Cheesecake Factory was named to Fortune's "100 Best Companies to Work For" list for the twelfth consecutive year in 2025 and the thirteenth consecutive year in 2026. The company is recognized for its commitment to hospitality, operational excellence, and the selection, training, and retention of high-quality staff. The brand's power is bolstered by its extensive and innovative menu, including its proprietary cheesecakes. The Cheesecake Factory consistently achieves some of the highest average unit volumes in the casual restaurant industry.

The Cheesecake Factory, Inc. is a publicly traded company with ownership distributed among thousands of investors. David M. Overton is the Chairman and CEO and the largest individual shareholder. Institutional investors hold a significant majority of the company's stock, with approximately 89.43% or 61.66% owned by institutions, including Fmr Llc (Fidelity), BlackRock, Inc., and The Vanguard Group. Insiders collectively own about 8.06% of the stock.