A month has gone by since the last earnings report for Cheesecake Factory (CAKE) . Shares have added about 8.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cheesecake Factory due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Cheesecake Factory Q1 Earnings Beat Est ...

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The Cheesecake Factory Incorporated (CAKE) is likely to benefit from strong Flower Child performance, its rewards program and unit-expansion efforts. This and the focus on FRC concepts and emerging brands bode well. However, labor and commodity inflation is a concern.Let us discuss the factors that highlight why investors should retain the stock for now.Factors Driving GrowthCheesecake Factory focuses on Flower Child restaurants to drive growth. In the fiscal first quarter, the company reported strong compa ...

With many market strategists turning slightly bullish amid this bull market, investors may wonder if there’s still any deep value left for the rest of us. Undoubtedly, not all companies have pulled their fair share of weight in the 2024 market surge. Some investors may have ditched the lagging stocks for some hotter names, some of which may have more exposure to the latest needle-moving trends (generative AI, anyone?).As the first half of 2024 comes to a close in just over a month, we may see some of the mo ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...

The Cheesecake Factory Incorporated (CAKE) reported impressive first-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased from the prior-year quarter’s figure.Earnings & Revenue DiscussionIn the quarter under review, the company reported adjusted earnings per share (EPS) of 73 cents, beating the Zacks Consensus Estimate of 63 cents by 15.9%. In the year-ago period, the company reported adjusted EPS of 61 cents.Quarterly revenues ...

财务数据和关键指标变化 - 第一季度总收入为8.91亿美元,接近预期范围的高端 [21] - 调整后净利润率为4%,超过预期的3.5% [21] - 公司在第一季度返还了2,530万美元给股东,包括股息和股票回购 [25] 各条业务线数据和关键指标变化 - 芝士蛋糕工厂餐厅第一季度总销售额为6.68亿美元,同比增长2% [22] - 北意大利餐厅第一季度总销售额为7,090万美元,同比增长12% [22] - 其他FRC餐厅第一季度总销售额为7,420万美元,同比增长8% [22] - Flower Child第一季度总销售额为3,450万美元,同比增长10% [22] 各个市场数据和关键指标变化 - 芝士蛋糕工厂餐厅第一季度同店销售下降0.6% [22] - 北意大利餐厅第一季度同店销售增长3% [16] - 其他FRC餐厅第一季度销售额每营业周为14.06万美元 [22] - Flower Child第一季度销售额每营业周为8.37万美元 [22] 公司战略和发展方向及行业竞争 - 公司计划在2024年开设最多22家新餐厅,包括3-4家芝士蛋糕工厂、6-7家北意大利、6-7家Flower Child和6-7家FRC餐厅 [11][30] - 公司认为Flower Child有很大的全国性品牌发展潜力,并已采取多项措施提升运营效率和成本控制 [17][47] - 公司表示不会因为竞争对手的促销活动而改变自身的定价策略,而是坚持自身的品牌定位和价值主张 [61][62] 管理层对经营环境和未来前景的评论 - 管理层表示第一季度的出色业绩反映了公司运营团队的出色执行能力,以及员工保留率和生产率的持续改善 [14][15] - 管理层预计2024年第二季度总收入将在8.9-9.1亿美元之间,全年总收入约为36亿美元 [26][28] - 管理层预计2024年全年净利润率约为4.25%,原材料和人工成本通胀将保持在单位数水平 [28][29] 问答环节重要的提问和回答 问题1 **David Tarantino 提问** 询问公司在2月和3月的销售趋势,以及对此的预期 [34][35] **Matt Clark 回答** 公司2月和3月的销售趋势较为平稳,预计第二季度总收入将保持在这一水平 [35][36] 问题2 **Katherine Griffin 提问** 询问公司第一季度4面墙利润率超预期的原因,以及未来的水平 [41][42] **Matt Clark 回答** 主要得益于出色的运营执行,以及原材料和公用事业成本的好转,未来利润率水平可能会有一定波动,但全年来看应该在类似水平 [42][43] 问题3 **Brian Mullan 提问** 询问Flower Child品牌的长期发展潜力 [47][48] **David Gordon 回答** 公司认为Flower Child有很大的全国性品牌发展潜力,第一季度表现强劲,未来将继续加快门店扩张

Cheesecake Factory (CAKE) reported $891.22 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.9%. EPS of $0.73 for the same period compares to $0.61 a year ago.The reported revenue represents a surprise of +0.33% over the Zacks Consensus Estimate of $888.27 million. With the consensus EPS estimate being $0.63, the EPS surprise was +15.87%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

Cheesecake Factory (CAKE) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.87%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.74 per share when it actually produced earnings of $0.80, delivering a surprise of 8.11%.Over the last four quarters, t ...

公司业绩 - The Cheesecake Factory Incorporated是一家在美国和加拿大拥有和经营335家餐厅的领先体验式餐饮公司[38] - 在2024财年第一季度，The Cheesecake Factory的销售额增长1.8%，达到6.678亿美元，但可比餐厅销售额下降0.6%[42] - North Italia的销售额在2024财年第一季度增长12.0%，达到7090万美元，可比销售额增长约3%[43] - 花朵孩子销售额在2024财年第一季度增长10.2%，达到3450万美元[45] - 其他FRC销售额在2024财年第一季度增长8.2%，达到7420万美元[45] 成本分析 - 食品和饮料成本在2024财年第一季度占营收的比例为22.8%[46] - 劳动力成本在2024财年第一季度占营收的比例为36.0%[47] - 其他运营成本和费用在2024财年第一季度占营收的比例为26.3%[49] - G&A费用在2024财年第一季度占营收的比例为6.8%[50] 财务展望 - 预计2024财年总收入约为36亿美元[57] - 预计2024财年净利润率约为4.25%[57] 股票回购和流动性 - 公司已经累计回购了56.9百万股普通股，总成本为18.24亿美元[65] - 公司的股票回购计划没有到期日期，不需要购买特定数量的股票，并且可以随时修改、暂停或终止[65] - 公司相信，截至2024年4月2日，现金及现金等价物、预期的经营现金流量和可用的借款额将为未来12个月和可预见的未来提供足够的流动性[65] 风险披露 - 公司暴露于市场风险，包括基于贷款协议中与市场利率相关的利率变动的利息风险[68] - 公司暴露于与支持非合格计划的可变寿险合同的投资相关的市场风险[68] 内部控制和程序 - 公司已经建立并维护了设计旨在确保按照1934年证券交易法规定的报告期内记录、处理、汇总和报告的信息的披露控制和程序[70] - 公司的首席执行官和首席财务官得出结论，截至2024年4月2日，公司的披露控制和程序在合理保证水平上是有效的[70] - 公司在2024年4月2日结束的财政季度内，没有发生对公司的财务报告内部控制产生重大影响或有可能产生重大影响的财务报告内部控制的变化[71] 其他 - 公司在2024财年第一季度食品成本增加1%将使销售成本减少200万美元[68] - 公司在2024年4月2日没有任何对冲合约[68] - 公司在2024年4月2日和2024年1月2日的长期债务利率上升1%将使利息支出增加130万美元[68] - 公司在2024年4月2日和2024年1月2日的延期补偿资产和相关负债市场价值下降10%将使净收入分别减少250万美元和240万美元[68]