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The Cheesecake Factory Earnings: What To Look For From CAKE

CAKE Cover Image

Restaurant company Cheesecake Factory (NASDAQ: CAKE) will be reporting earnings this Wednesday after the bell. Here’s what investors should know.

The Cheesecake Factory missed analysts’ revenue expectations by 0.5% last quarter, reporting revenues of $907.2 million, up 4.8% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but a slight miss of analysts’ same-store sales estimates.

Is The Cheesecake Factory a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting The Cheesecake Factory’s revenue to grow 3% year on year to $948.4 million, slowing from the 5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.99 per share.

The Cheesecake Factory Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. The Cheesecake Factory has missed Wall Street’s revenue estimates three times over the last two years.

Looking at The Cheesecake Factory’s peers in the restaurants segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Brinker International delivered year-on-year revenue growth of 6.9%, beating analysts’ expectations by 2.9%, and Kura Sushi reported revenues up 14%, in line with consensus estimates. Brinker International traded up 2.1% following the results while Kura Sushi was also up 16.7%.

Read our full analysis of Brinker International’s results here and Kura Sushi’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the restaurants stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.7% on average over the last month. The Cheesecake Factory is up 1.5% during the same time and is heading into earnings with an average analyst price target of $60.89 (compared to the current share price of $58.51).

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