Apr. 29 at 8:26 PM
$CAKE quietly had a really solid quarter.
Nothing flashy, but the business continues to execute.
Q1 2026 results:
Revenue:
$978.8M Expected: around
$964.5M Beat by roughly
$14M
Adjusted EPS:
$1.05 Expected: around
$1.01 Beat by
$0.04
Cheesecake Factory comps: +1.6% YoY
Management also said revenue, margins, and earnings all came in above expectations.
That is exactly what I want to see from a company like this.
Steady execution. Positive comps. Better margins. New restaurant growth. Cash returned to shareholders.
They opened new North Italia, Flower Child, FRC, and international Cheesecake Factory locations during the quarter, and still expect up to 26 new restaurants in 2026.
They also repurchased
$19.2M of stock and declared a
$0.30/share quarterly dividend.
$CAKE is not the flashiest stock I own.
But it is profitable, still growing, returning cash to shareholders, and has multiple concepts that can keep expanding over time.
Still bullish long term.
