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Cheesecake Factory targets as many as 25 new restaurant openings in 2025

Sees: 3-4 The Cheesecake Factory (CAKE) locations; 6-7 North Italia locations; 6-7 Flower Child locations; 8-9 FRC restaurants.Sees FY25 CapEx ~$190M-$210M. Comments taken from investor presentation slides.

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