The Cheesecake Factory Incorporated (CAKE) Earnings Reports & Financial Analysis

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

927.20M

QoQ: 0.68% | YoY:2.56%

Gross Profit

724.94M

78.19% margin

QoQ: 81.25% | YoY:499.08%

Operating Income

51.96M

QoQ: 11.42% | YoY:-22.01%

Net Income

32.94M

QoQ: -19.96% | YoY:-37.19%

EPS

0.69

QoQ: -19.77% | YoY:-37.27%

Revenue Trend

Margin Analysis

Key Insights

**Revenue Growth**: $927 million (+2.56% YoY, +0.68% QoQ) **Operating Income**: $51.9 million (+11.42% QoQ), though down 22.01% YoY. **Net Income**: $32.9 million (-37.19% YoY), impacted by increased expenses and a higher interest expense due to debt restructuring. **Earnings Per Share (EPS)**: $0.67 (diluted), $0.93 adjusted. **Restaurant Level Profit Margin**: 17.4% (up 140bps YoY). **Comparable Sales Growth**: +1% driven by an increase in customer traffic....

Financial Highlights

Revenue Growth: $927 million (+2.56% YoY, +0.68% QoQ)
Operating Income: $51.9 million (+11.42% QoQ), though down 22.01% YoY.
Net Income: $32.9 million (-37.19% YoY), impacted by increased expenses and a higher interest expense due to debt restructuring.
Earnings Per Share (EPS): $0.67 (diluted), $0.93 adjusted.
Restaurant Level Profit Margin: 17.4% (up 140bps YoY).
Comparable Sales Growth: +1% driven by an increase in customer traffic.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	927.20M	2.56%	0.68%
Gross Profit	724.94M	499.08%	81.25%
Operating Income	51.96M	-22.01%	11.42%
Net Income	32.94M	-37.19%	-19.96%
EPS	0.69	-37.27%	-19.77%

Key Financial Ratios

grossProfitMargin

78.2%

operatingProfitMargin

5.6%

netProfitMargin

3.55%

returnOnAssets

24.3%

operatingCashFlowPerShare

$1.66

freeCashFlowPerShare

$0.76

dividendPayoutRatio

37.9%

priceEarningsRatio

18.34

Net Income vs. Revenue

Expense Breakdown

Competitive Position

Company	Gross Margin	Operating Margin	Return on Equity	P/E Ratio
CAKE Focus	78.19%	5.60%	0.00%	18.34%
DIN	42.00%	16.90%	-3.80%	10.58%
BLMN	15.50%	5.45%	11.10%	3.61%
BJRI	75.00%	4.30%	3.63%	15.02%
RUTH	25.00%	10.20%	8.12%	11.45%

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
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

The Cheesecake Factory (CAKE) Q1 2025 Earnings Report

Earnings Highlights

The Cheesecake Factory Incorporated (CAKE) Q1 2025 Financial Results Report: Strong Performance and Future Growth Potential

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

The Cheesecake Factory (CAKE) Q1 2025 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

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