The Cheesecake Factory posted fiscal Q2 net income of USD 68.4 million, or USD 1.41 a share, on revenue of USD 1.03 billion, up 7.72% year over year.
Adjusted net income (non-GAAP) edged up to USD 69.7 million, or USD 1.44 a share, excluding after-tax impacts including FRC acquisition-related items.
Comparable restaurant sales at The Cheesecake Factory restaurants rose 5.8% from a year earlier.
Opened four restaurants in the quarter; expects up to 26 openings in fiscal 2026 across The Cheesecake Factory, North Italia, Flower Child, and FRC.
Liquidity totaled USD 561.7 million; repaid USD 69 million of 0.375% convertible senior notes due 2026, leaving USD 575 million of 2.00% convertible senior notes due 2030.
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