The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2026
Cheesecake Factory delivered record Q3 revenue of $1,033.4 million, up ~14% YoY, with GAAP diluted EPS of $1.19 versus $0.66 a year ago and adjusted EPS of $1.02 versus $0.68. Comparable sales at namesake restaurants jumped 15.2%, with management citing traffic meaningfully outperforming casual dining peers, supported by menu innovation, the rewards program, and labor/food efficiency gains. The company opened six restaurants in the quarter, reaffirmed plans for as many as 26 new units in fiscal 2026, and held $585.3 million of liquidity against $575 million of 2.00% convertible notes due 2030.
Key figures
- Eps
- 1.19
- Revenue
- $1,033.4 million
- Revenue Yoy
- 13.9%
- Buyback
- $2.4 million (29,800 shares)
- Net income
- $61.3 million
- Adjusted eps
- 1.02
- Cash balance
- $249.3 million
- Debt outstanding
- $575 million convertible senior notes due 2030
- Operating income
- $74.9 million
- Dividend per share
- $0.30
- Fy26 unit guidance
- as many as 26 new restaurants
- Adjusted net income
- $52.3 million
- Prior year gaap eps
- 0.66
- Comparable sales growth
- 15.2%
- Prior year adjusted eps
- 0.68
- New restaurants opened q3
- 6
- Total available liquidity
- $585.3 million
AI analysis
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