Cheesecake Factory reports Q3 adjusted EPS 68c, consensus 60c

Reports Q3 revenue $907.2M, consensus $912.62M. Comparable restaurant sales at The Cheesecake Factory (CAKE) restaurants increased 0.3% year-over-year in the third quarter of fiscal 2025. “We delivered another quarter of solid results, with revenue within our guidance range and earnings and profitability finishing above the high end of our expectations,” said David Overton, Chairman and Chief Executive Officer. “Performance was led by The Cheesecake Factory restaurants, delivering positive comparable sales results amid a more challenging and competitive environment, underscoring the strength and resilience of our namesake concept. Our operators once again executed exceptionally well, delivering year-over-year improvements in labor productivity, wage management, and hourly staff and manager retention, supporting healthy margin performance. New restaurant openings continue to perform well, and with two openings in the third quarter we remain on track to achieve our unit growth objective for the year.”