Cheesecake Factory Q3 revenue up on positive comparable sales

Cheesecake Factory

28/10/2025 20:27

Overview

Cheesecake Factory fiscal Q3 revenue grows but misses analyst expectations

Adjusted net income for fiscal Q3 was $33.2 mln, adjusted EPS was $0.68

Comparable restaurant sales increased 0.3% yr/yr in fiscal Q3

Outlook

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

Cheesecake Factory notes a softer restaurant environment but remains confident in strategy

Result Drivers

COMPARABLE SALES - Cheesecake Factory restaurants delivered positive comparable sales results amid a challenging environment, supported by strong execution in labor productivity and retention

NEW OPENINGS - Two new Cheesecake Factory restaurants opened, contributing to unit growth objectives for the year

MENU INNOVATION - Ongoing menu innovation continues to resonate with guests, reflected in steady sales trends

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$907.2 mln
$912.78 mln (16 Analysts)
Q3 EPS
$0.66
Q3 Operating Income
$37.27 mln
Q3 Pretax Profit
$35.48 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 8 "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 $65.00, about 14% above its October 27 closing price of $55.91

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBwVV4rSa

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(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.)