The Cheesecake Factory
CAKE
$46.98 -1.67%
Exchange: NASDAQ | Sector: Consumer Cyclical | Industry: Restaurants
Q1 2025
Published: May 5, 2025

Earnings Highlights

  • Revenue of $927.20M up 2.6% year-over-year
  • EPS of $0.67 decreased by 37.3% from previous year
  • Gross margin of 78.2%
  • Net income of 32.94M
  • ""We delivered solid top and bottom-line results in the first quarter with revenues finishing towards the higher end of our guidance and profitability surpassing expectations." - David Overton, CEO" - David Overton
CAKE
The Cheesecake Factory Incorporated

Executive Summary

In Q1 2025, The Cheesecake Factory Incorporated reported revenues of $927 million, reflecting a 2.56% year-over-year increase and a solid performance against expectations. Management highlighted a strong operational performance driven by improved labor efficiency and customer satisfaction, leading to a year-over-year increase in adjusted earnings per share of 27%, marking six consecutive quarters of over 20% growth. The restaurant-level profitability ratio advanced to 17.4%, up 140 basis points from Q1 2024. The company is well-positioned for continued growth with plans for 25 new restaurant openings and a strong focus on menu innovation and customer engagement strategies such as the Cheesecake Rewards program.

Key Performance Indicators

Revenue
Increasing
927.20M
QoQ: 0.68% | YoY: 2.56%
Gross Profit
Increasing
724.94M
78.19% margin
QoQ: 81.25% | YoY: 499.08%
Operating Income
Decreasing
51.96M
QoQ: 11.42% | YoY: -22.01%
Net Income
Decreasing
32.94M
QoQ: -19.96% | YoY: -37.19%
EPS
Decreasing
0.69
QoQ: -19.77% | YoY: -37.27%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 927.20 0.67 +2.6% View
Q4 2024 920.96 0.84 +1.9% View
Q3 2024 865.47 0.61 -2.9% View
Q2 2024 904.04 1.08 +8.9% View