FINWIRES · TerminalLIVE
FINWIRES

$CAKE

8 stories mentioning CAKE

Every FINWIRES story that references CAKE, newest first.

Insider Trading

Cheesecake Factory Insider Sold Shares Worth $6,346,080, According to a Recent SEC Filing

David Overton, Director, Chairman, and CEO, on May 01, 2026, sold 104,000 shares in Cheesecake Factory (CAKE) for $6,346,080. Following the Form 4 filing with the SEC, Overton has control over a total of 3,588,805 common shares of the company, with 264,865 shares held directly and 3,323,940 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/887596/000090216226000010/xslF345X05/form4-05042026_090548.xml

$CAKE
Research

Research Alert: CFRA Reiterates Buy Opinion On Shares Of Cheesecake Factory Inc

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month price target by $4 to $75, 18x our 2026 EPS estimate, a premium to shares' 13x five-year average. We raise our 2026 EPS to $4.17 from $3.97 and 2027's to $4.55 from $4.28. Following Q1 results, including a top- and bottom-line beat, we reiterate our Buy opinion. CAKE's focus on experiential dining continues to support comp growth (+1.6% in Q1) at its flagship Cheesecake Factory locations while increasing prices (+3.3%) above restaurant peers. Additionally, new concepts, like fast-casual brand Flower Child, are accelerating comp growth (+10% Y/Y) above management's expectations (mid-single-digit range). Operating margins of 5.8% have also remained stable despite consistent inflation in beef and seafood costs, with offsets coming from labor on strong staff retention. Encouragingly, this comes at a time when restaurant peers are feeling margin pressure. Altogether, we see upside to CAKE's 2026 financial targets of $3.91 billion and 5% net margin.

$CAKE
Research

Research Alert: Cake: Q1 Beat On Cheesecake Factory Strength; Margins Stable

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CAKE posted Q1 adjusted EPS of $1.05, up 13% Y/Y and beating the $1.01 consensus estimate, while total revenue of $979M, up 5.6%, also beat the $965M consensus. Adjusted operating income of $57M (up 7%) exceeded the $55M estimate, with operating margins stable at 5.8% despite food and labor cost inflation of 5% each. This marks the third consecutive quarter of margin stability, demonstrating operational leverage as management's staff retention and supply chain initiatives continue to offset volatile costs, with results exceeding expectations despite weather-related impacts. Management reaffirmed guidance to open up to 26 new restaurants in 2026, including up to six Cheesecake Factory locations and multiple North Italia, Flower Child, and FRC concepts. The company maintained strong liquidity of $601.6M, with no outstanding debt and returned capital through $19.2M in share repurchases and a $0.30 quarterly dividend, reflecting confidence in cash generation.

$CAKE
Wire

Cheesecake Factory Q1 Adjusted Earnings, Revenue Rise; Shares Gain After Hours

Cheesecake Factory (CAKE) reported Q1 adjusted earnings late Wednesday of $1.05 per diluted share, up from $0.93 a year earlier.Analysts polled by FactSet expected $1.01.Revenue in the 13 weeks ended March 31 rose to $978.8 million from $927.2 million a year earlier.Analysts surveyed by FactSet expected $964.6 million.Cheesecake Factory shares rose 4.7% in after-hours trading.

$CAKE
US Markets

Restaurant Trends Likely Slowed to Exit First Quarter, UBS Says

Strong underlying trends across the US restaurant sector likely slowed toward the end of the first quarter, with an uncertain and a weak consumer environment expected to drive conservative guidance, UBS Securities said in a note on Monday."We expect (first-quarter) results to highlight generally solid underlying trends across much of the sector, but anticipate slower trends to exit the quarter and into (the second quarter so far)," UBS analyst Dennis Geiger said in the note.Management commentary will be a key focus given the impact of holiday calendar shifts, tax rebates and elevated gas prices, Geiger said. Energy prices have spiked because of the US-Israel war with Iran that has disrupted shipments through the Strait of Hormuz, a critical shipping route."We anticipate still generally conservative (2026) guidance given above (average) uncertainty in the industry backdrop," Geiger wrote.US consumer sentiment improved from an initial April estimate, but remained at a record low as near-term inflation expectations logged the biggest monthly increase in a year, final University of Michigan survey results showed Friday."Sentiment is unlikely to improve unless supply constraints are lifted or energy costs decline," according to the UBS note.Retail sales at restaurants and bars almost stalled sequentially in March, government data showed last week.Results across restaurants should largely be positive, especially when excluding the impacts of weather conditions, but "performance bifurcation among brands should remain reasonably wide again" during this reporting cycle, Geiger wrote.Starbucks' (SBUX) investors expect the company to lift its US same store sales target for this year following a second-quarter beat, according to UBS. Wingstop (WING) is seen lowering its comparable sales outlook after reporting a bigger-than-expected decline in the first quarter.The outlook for Cheesecake Factory (CAKE) and Chipotle Mexican Grill (CMG) will likely be maintained.Price: $98.64, Change: $-0.03, Percent Change: -0.03%

$CAKE$CMG$SBUX$WING
Wire

BofA Adjusts Price Target on Cheesecake Factory to $66 From $70

Cheesecake Factory (CAKE) has an average rating of hold and mean price target of $64.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $61.47, Change: $-0.41, Percent Change: -0.67%

$CAKE
US Markets

Cheesecake Factory's Quarterly Same-Store Sales Likely to Top Market Views, Oppenheimer Says

Cheesecake Factory's (CAKE) fiscal first-quarter same-store sales could exceed Wall Street's views as its core customer remains relatively shielded from broader economic headwinds, Oppenheimer said Tuesday.The brokerage expects the restaurant chain's comparable sales for the quarter to increase 1%, higher than the Street's 0.6% growth estimates. Oppenheimer projects earnings at $1.01 a share, while the Street is looking for $1, according to a note to clients.Cheesecake Factory is scheduled to report results April 29.The company's core customer continues to be "insulated from macro pressures" that are impacting the broader industry, Oppenheimer analysts Brian Bittner and Michael Tamas said. "Middle-to-upper income households also show less sensitivity to inflation volatility (i.e. gas prices), and are well-positioned to capture a greater share of tax refund increases."Oppenheimer raised its price target on the Cheesecake Factory stock to $72 from $68, with an outperform rating.The company's shares were down 0.2% in Tuesday late-afternoon trade. So far this year, the stock has gained 22% in value, representing "best-in-class" among its full-service dining peers, Oppenheimer said.Broad-based inflation concerns have grown in the wake of a surge in energy prices amid the closure of the crucial Strait of Hormuz following the US-Israel war with Iran that started at the end of February.For the ongoing quarter, Cheesecake Factory's same-store sales outlook is positioned to "at least capture" the Street's 0.7% growth views, which Oppenheimer said is similar to the first-quarter estimates despite potentially fewer weather-related challenges."We've identified an intriguing setup against consensus in (2026) where (same-store sales) and EPS forecasts now tilt conservatively, based on our work," Bittner and Tamas said. "(Cheesecake Factory's) unique exposure to a steadier consumer could provide sharpened control of the financial model."For 2026, the risk/reward "skews favorably" against the Street's comparable sales growth outlook of 1.1%, the analysts said. Oppenheimer is projecting a 1.4% increase for the metric. The brokerage raised its EPS estimates for 2026 and 2027, according to the note.Price: $61.63, Change: $-0.51, Percent Change: -0.82%

$CAKE
Wire

Cheesecake Factory has 'Intriguing' Setup Against Consensus in 2026, Oppenheimer Says

Cheesecake Factory (CAKE) has an "intriguing" setup against consensus in 2026 where same-store sales and EPS forecasts now tilt conservatively, Oppenheimer said Tuesday.According to the note, the company's core customer remains unaffected amid macro pressures impacting the broader industry. This dynamic, along with Oppenheimer's analysis of consensus, identifies a strong setup against Street's Q1 and Q2 same-store sales forecasts of 0.6% and 0.7%, respectively.The brokerage believes risk/reward skews favorably against Street's full-year 2026 same-store-sales forecast of 1.1%. Quarterly SSS forecasts possibly discount healthier underlying momentum, new company-specific drivers, and easier comparisons, the brokerage added.Management's Q1 guidance implied SSS mid-point of 1% and EPS near $1. Meanwhile, Oppenheimer forecasts 1.0% SSS and EPS of $1.01, versus Street consensus of 0.6% and $1, respectively.The brokerage slightly lifted its 2026 and 2027 EPS estimates to to $4.04 and $4.48 from $4.03 and 4.46, respectively.The company is scheduled to report Q1 results on April 29.Oppenheimer maintained an outperform rating on Cheesecake Factory and raised the price target to $72 from $68.Price: $61.90, Change: $-0.24, Percent Change: -0.39%

$CAKE