The Cheesecake Factory posts $49.5 million Q1 profit and $978.8 million revenue

10 articles · Updated · The Wall Street Journal · Apr 29

Profit rose from $32.9 million a year earlier, with adjusted earnings per share at $1.05, surpassing analyst expectations.
Revenue increased from $927.2 million last year, and same-store sales at Cheesecake Factory restaurants grew 1.6%.
The company opened three new restaurants, including one in Mexico, and plans up to 26 new openings this fiscal year.

Is the company's ambitious 26-restaurant expansion plan too risky given its high level of debt?

With executives selling stock, how secure is the company's future despite its strong Q1 results?

In a 'K-shaped' economy, what is the secret to attracting price-sensitive diners to a premium brand?

How is the menu adapting to the one in eight adults now using weight-loss drugs?

Can a brand famous for indulgence successfully pivot to the new health-conscious consumer?