Cheesecake Factory Q2 revenue beats expectations

Cheesecake Factory

29/07/2025 21:43

Overview

Cheesecake Factory fiscal Q2 revenue rises to $955.8 mln, beating analyst expectations

Adjusted EPS for fiscal Q2 at $1.16, reflecting strong operational performance

Company opened eight new restaurants, supporting growth strategy

Outlook

Company plans to open up to 25 new restaurants in fiscal 2025

Cheesecake Factory to open four new locations in fiscal 2025

Company aims to maintain momentum and strong execution in H2 2025

Cheesecake Factory sees strong consumer reception for new restaurant openings

Result Drivers

COMPARABLE SALES - Cheesecake Factory restaurants saw a 1.2% increase in comparable sales, driven by healthy consumer demand

OPERATIONAL IMPROVEMENTS - Year-over-year improvements in labor productivity and food efficiency contributed to earnings growth

NEW RESTAURANT OPENINGS - Eight new restaurants opened in Q2, showing strong consumer reception and supporting growth strategy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$955.82 mln
$948.40 mln (17 Analysts)
Q2 EPS
$1.14
Q2 Operating Income
$64.82 mln
Q2 Pretax Profit
$62.23 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 9 "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 $61.50, about 7.1% below its July 28 closing price of $65.89

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw7jY4KDa

(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.)