Expects to open two Cheesecake Factory (CAKE) restaurants internationally in 2025. Says improved execution drove margin expansion. Says guest feedback remains “overwhelmingly positive.” Says strengthened balance sheet, liquidity in Q1. Comments taken from Q1 earnings conference call.
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Read More on CAKE:
- Cheesecake Factory Q1 2025 Financial Results Released
- Cheesecake Factory targets 1%-2% annual comparable sales growth
- Cheesecake Factory targets as many as 25 new restaurant openings in 2025
- Cheesecake Factory sees FY25 revenue ~$3.76B, consensus $3.78B
- Cheesecake Factory reports Q1 adjusted EPS 93c, consensus 82c