
• Reported GAAP EPS of $1.06 up 53.62% YoY • Reported revenue of $978.83M up 5.57% YoY • The Cheesecake Factory continues to expect to open as many as 26 new restaurants in fiscal 2026, including six The Cheesecake Factory, six to seven North Italia, and up to seven FRC restaurants.
Bullish
The Cheesecake Factory reported strong Q1 results with increased revenues and net income, 1.6% comparable sales growth outperforming the industry, and efficient operations supporting new restaurant development.
Bearish
The Cheesecake Factory faced increased impairment and acquisition-related expenses, a 2% decline in North Italia comparable sales, and ongoing risks related to landlord economic health.