Cheesecake Factory Q4 Revenue Climbs 4.4% to $961.6M, Plans 26 New Units
Cheesecake Factory reported Q4 sales of $961.6 million, up 4.4% year-over-year, with adjusted EPS of $1.00 beating consensus by 1.5% and adjusted EBITDA of $86.5 million at a 9% margin. The chain ended the quarter with 406 restaurants (up from 382), saw same-store sales down 2.2%, and plans to open up to 26 new units.
1. Q4 Financial Results
Cheesecake Factory generated $961.6 million in Q4 revenue, up 4.4% from last year, surpassing analyst projections of $948.4 million. Adjusted EPS reached $1.00, 1.5% above estimates, while adjusted EBITDA was $86.53 million, reflecting a 9% margin.
2. Operational Highlights
The company operated 406 locations at quarter end, up 24 units year-over-year, but experienced a 2.2% decline in same-store sales. Management attributed margin resilience to menu innovations, labor productivity gains and value-oriented offerings that improved guest satisfaction without heavy discounting.
3. Growth Outlook and Guidance
Looking ahead, the chain expects to open up to 26 new restaurants over the next year and launch a dedicated rewards app to deepen guest engagement. Leadership anticipates modest inflation, stable unit economics and continued focus on cost discipline to sustain profitability.