Cheesecake Factory stock hits 52-week high at 59.48 USD

The Cheesecake Factory (NASDAQ:CAKE) stock reached a new 52-week high, hitting 59.48 USD, marking a significant milestone for the $2.93 billion market cap company. According to InvestingPro analysis, the stock appears to be trading near its Fair Value, with a ’GOOD’ overall financial health score. Over the past year, the stock has experienced a substantial increase, with a 1-year change of 49.92%. This upward trajectory reflects investor confidence and positive market response to the company’s performance, supported by $3.62 billion in revenue and a P/E ratio of 18.09. The latest high underscores a period of growth and resilience for The Cheesecake Factory, as it continues to navigate the competitive restaurant industry. InvestingPro subscribers have access to 8 additional key insights about CAKE’s growth prospects and financial health.

In other recent news, The Cheesecake Factory reported its financial results for the first quarter of 2025, showcasing a robust performance. The company’s earnings per share (EPS) reached $0.93, surpassing analyst expectations of $0.81, marking a 27% year-over-year increase. Total (EPA:TTEF) revenues came in at $927.2 million, slightly below the forecast of $928.07 million but still near the high end of guidance. Additionally, the company announced plans to open up to 25 new restaurants in 2025, with revenue projections for the fiscal year at approximately $3.76 billion.

In another development, stockholders approved the Second Amendment to The Cheesecake Factory Incorporated Stock Incentive Plan during the 2025 annual stockholders’ meeting. This meeting also saw the re-election of all directors and ratification of the independent registered public accounting firm for fiscal year 2025. The approval of the Stock Plan Amendment and other proposals reflects the company’s ongoing commitment to its strategic goals.

On the analyst front, The Cheesecake Factory’s recent performance and strategic initiatives have garnered attention, with firms like Baird and William Blair engaging in discussions about potential impacts on the company’s operations. Analysts expressed interest in the company’s ability to navigate economic challenges, particularly in light of potential tariffs and macroeconomic factors. The Cheesecake Factory’s focus on menu innovation and staff retention continues to be a point of emphasis, as highlighted in their recent earnings call.

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