Inferra AI / Company / CAKE

Cheesecake Factory Inc.

CAKE · Consumer Discretionary

Last earnings Oct 27, 2026

Key results

Total revenuequarter

$907.2 million

Total revenues were $907.2 million in the third quarter of fiscal 2025 compared to $865.5 million in the third quarter of fiscal 2024.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net incomequarter

$31.9 million

Net income and diluted net income per share were $31.9 million and $0.66, respectively, in the third quarter of fiscal 2025.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Excluding the after-tax impact of these and certain other items, adjusted net income and adjusted diluted net income per share for the third quarter of fiscal 2025 were $33.2 million and $0.68, respectively.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Revenuefull-year

$300M

21 22 FOX RESTAURANT CONCEPTS (FRC) 23 FRC HIGHLIGHTS • Locations: 54 • Geographies 11 states • FY 2024 Revenue(1) $300M (1) Fiscal year 2024 revenue represents revenue for the twelve months ended December 31, 2024 and excludes revenue for Flower Child.

SEC original ↗Cheesecake Factory Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

Allocation Adjusted Diluted net incomequarter

$0.68

Q3 2025 HIGHLIGHTS(1) 28 Total Revenue $907M Up 5% from PY Capital Allocation Adjusted Diluted Net Income Per Share(1) $0.68 Up 19% from PY $37M CapEx $13M Dividends Unit Growth 2 NROs Restaurant Count(2) 364 Up 7% from 341 in PY Adjusted EBITDA(1) $72M Up 12% from PY Net Income $32M Up 6% from PY Diluted Net Income Per Share $0.66 Up 7% from PY (1) A reconciliation of Non-GAAP measures to the most directly comparable GAAP measure can be found in the appendix.

SEC original ↗Cheesecake Factory Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

M capexquarter

$13M

SEC original ↗Cheesecake Factory Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

B FUTURE revenuequarter

$3.1B

~$3.1B ~$8.5B FUTURE REVENUE OPPORTUNITY REVENUE GROWTH $5BPOTENTIAL NOTABLE UPSIDE POTENTIAL FROM OTHER GROWTH CONCEPTS FY 2024 FINANCIAL STRENGTH TO SUPPORT GROWTH AND RETURNS(1) 32 Capital Allocation Detail $67 $112 $152 $160 $6 $63 $46 $18 $42 $53 $53 48,510 48,974 '21 '22 '23 '24 Capex / Investment Share Repurchases Dividends WASO Comparable Sales(2) Cash Flow '20 (1) A reconciliation of Non-GAAP measures to the most directly comparable GAAP measure can be found in the appendix.

SEC original ↗Cheesecake Factory Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

AI analysis

Q3 FY2025 · reported Oct 28, 2025

Based on: Earnings release + Q3 FY2025 deck + parent 8-K — transcript not held

Total revenue · Q3 FY2025

$907.2M

Full year: $300M

EX-99 · Oct 28, 2025

Net income · Q3 FY2025

$31.9M

EX-99 · Oct 28, 2025

Allocation Adjusted Diluted net income · Q3 FY2025

$0.68

EX-99 · Oct 28, 2025

M capex · Q3 FY2025

$13M

EX-99 · Oct 28, 2025

Headline figures

Metric	Q3 FY2025	Prior qtr	Year ago
Total revenue	$907.2 million	—	—
Net income	$31.9 million	—	—
Allocation Adjusted Diluted net income	$0.68	—	—
M capex	$13M	—	—
B FUTURE revenue	$3.1B	—	—

EX-99 · Oct 28, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

M capex$13M

Capital allocation

Dividend$0.27

Liquidity and Capital Allocation As of September 30, 2025, the Company had total available liquidity of $556.5 million, including a cash balance of $190.0 million and $366.5 million of availability on its revolving credit facility with no outstanding balance.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Please see the Company’s reconciliation of non-GAAP financial measures at the end of this press release

Based on: Earnings release + Q3 FY2025 deck + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Total principal amount of debt outstanding was $644.0 million, including $69.0 million in principal amount of 0.375% convertible senior notes due 2026 and $575.0 million in principal amount of 2.00% convertible senior notes due 2030.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The Company repurchased approximately 18,900 shares of its stock at a cost of $1.2 million in the third quarter of fiscal 2025.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

In addition, the Company’s Board of Directors has declared a quarterly dividend of $0.27 per share to be paid on November 25, 2025, to shareholders of record at the close of business on November 11, 2025.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Selected Consolidated Balance Sheet Information September 30, 2025 December 31, 2024 Cash and cash equivalents $ 189,978 $ 84,176 Current and long-term debt, net of issuance costs (1) 629,156 452,062 (1) Includes $68.7 million net balance of 0.375% convertible senior notes due 2026 (principal amount of $69 million less $0.3 million in unamortized issuance costs) and $560.4 million net balance of 2.00% convertible senior notes due 2030 (principal amount of $575 million less $14.6 million in unamortized issuance costs).

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The unamortized issuance costs were recorded as a contra-liability and netted with current and long-term debt on the Condensed Consolidated Balance Sheet and are being amortized as interest expense.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Strategy & priorities

” Overton continued, “While the restaurant industry is navigating a softer environment, we remain confident in our ability to manage through it while continuing to execute our long-term strategy.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Our focus on delivering delicious, memorable dining experiences and ongoing menu innovation continues to resonate with guests, reflected in steady sales trends and positive early results from our latest menu updates.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

We are culinary forward and relentlessly focused on hospitality.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Risks & headwinds

These statements are based on current expectations and involve risks and uncertainties which may cause results to differ materially from those set forth in such statements.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the SEC, which are available at www.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Uncertain tax positions taken in a tax return are recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by tax authorities based on technical merits, taking into account available administrative remedies and litigation.

SEC original ↗Cheesecake Factory Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

SEC original ↗Cheesecake Factory Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

Documents

Earnings deck slides

0 decks with slide view

Cheesecake Factory Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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