Cheesecake Factory Forecasts $948.4M Revenue and $0.99 EPS
The Cheesecake Factory posted $907.2 million in last quarter revenue, up 4.8% year-on-year but 0.5% below analysts' forecasts, and surpassed EPS estimates despite a slight same-store sales shortfall. For the upcoming period, revenue is projected at $948.4 million, a 3% increase, with adjusted earnings of $0.99 per share.
1. Last Quarter Performance
The Cheesecake Factory generated $907.2 million in revenue last quarter, marking a 4.8% year-on-year increase but missing analyst projections by 0.5%. The company beat earnings estimates yet recorded a slight same-store sales decline, reflecting mixed operational results.
2. Upcoming Quarter Expectations
Analysts project revenue of $948.4 million for the upcoming quarter, representing 3% year-on-year growth, with adjusted earnings per share estimated at $0.99. Coverage remains steady, as analysts have reaffirmed estimates over the past 30 days, signaling confidence in the company’s outlook.
3. Peer Comparisons and Market Context
Brinker International delivered 6.9% revenue growth and beat forecasts by 2.9%, while Kura Sushi reported a 14% increase in line with expectations, and their shares climbed 2.1% and 16.7%, respectively. The restaurant sector has underperformed, down 5.7% on average over the last month, while Cheesecake Factory shares rose 1.5% and trade below an average analyst target of $60.89.