The Cheesecake Factory: A Mixed Q2 Industry Outlook
CAKEThe Cheesecake Factory(CAKE) Seeking Alpha·2024-07-17 19:30
OntheRunPhoto/iStock Editorial via Getty ImagesThe Cheesecake Factory Incorporated (NASDAQ:CAKE) is going to report the company’s Q2 results on the 31st of July, where analysts expect a sequential improvement from Q1 in growth. After my previous article on the stock, published on the 3rd of April with the title “Why Cheesecake Factory’s Growth Hasn’t Translated Into Stock Appreciation”, CAKE has reported solid Q1 results amid a challenging industry backdrop. The stock has had a total return of 9% compar ...