Cheesecake Factory reports Q1 EPS ex-items $1.05, consensus $1.01

Reports Q1 revenue $978.8M, consensus $964.58M. Comparable restaurant sales at The Cheesecake Factory (CAKE) restaurants increased 1.6% year-over-year in the first quarter of fiscal 2026. “We delivered strong first quarter results, with revenue, margins and earnings finishing above our expectations,” said David Overton, Chairman and Chief Executive Officer. “Our top-line performance was led by comparable sales growth at The Cheesecake Factory restaurants, which outperformed the broader casual dining industry in the quarter. These results, delivered in a competitive environment and despite significant weather-related impacts, reflect the resilient demand for the distinct, high-quality dining experiences we provide our guests and strong affinity for our namesake concept. At the same time, execution within our restaurants was excellent, with operators driving year-over-year improvements in labor productivity and food efficiency, supporting solid flow-through to profitability.”