Why Is Cheesecake Factory (CAKE) Up 8.9% Since Last Earnings Report?
CAKEThe Cheesecake Factory(CAKE) ZACKS·2024-06-08 00:36

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 ...