Cheesecake Factory Comparable Sales Jump 15.2% in Q3
CAKE has more than doubled off its 52-week low of $43.07.
Summary
Comparable sales at the namesake Cheesecake Factory restaurants rose 15.2% in the third quarter, a sharp acceleration from the 5.8% comp gain reported in Q2. That is a big step up for a casual-dining chain and points to strong traffic and pricing through the quarter. The quarter produced revenue of $1.03B, net income of $61.3M, EPS of $1.19 and adjusted EPS of $1.02. The company also declared a quarterly dividend of $0.30 per share payable Nov. 24, 2026 to holders of record Nov. 10, 2026. The print lands after a stretch of insider selling this summer, including CEO David Overton's $10 million sale near the 52-week high in August, so a strong top-line result gives those sales a more benign read. The company continues to expect to open as many as 26 new restaurants in FY26.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Cheesecake Factory declared a quarterly dividend of $0.30 per share payable Nov. 24, 2026 to holders of record Nov. 10, 2026.
At the time of this announcement, CAKE was trading at $108.75 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $5.4B. The 52-week trading range was $43.07 to $118.63. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.