Cheesecake Factory Q1 revenue beats estimates on resilient demand

Cheesecake Factory

29/04/2026 21:23

Overview

U.S. casual dining chain's fiscal Q1 revenue rose and beat analyst expectations

Adjusted diluted EPS for fiscal Q1 rose to $1.05 from $0.93 yr/yr

Company repurchased $19.2 mln in stock during the quarter

Outlook

Company expects to open up to 26 new restaurants in fiscal 2026

Result Drivers

COMPARABLE SALES GROWTH - Co said Q1 revenue was led by 1.6% yr/yr comparable sales growth at The Cheesecake Factory restaurants

OPERATIONAL EFFICIENCY - Management cited improvements in labor productivity and food efficiency as supporting profitability

RESILIENT DEMAND - Co said demand for its dining experiences remained strong despite competitive environment and weather-related impacts

Company press release: ID:nBwlFYZRa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$978.83 mln
$965.19 mln (17 Analysts)
Q1 EPS
$1.02
Q1 Operating Income
$55.05 mln
Q1 Pretax Profit
$53.35 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 11 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Cheesecake Factory Inc is $64.00, about 2.1% above its April 28 closing price of $62.68

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)