Here's Why You Should Retain Cheesecake Factory (CAKE) Stock
The Cheesecake Factory(CAKE) zacks.com·2024-05-30 01:16
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 ...