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The Cheesecake Factory Incorporated (NASDAQ:CAKE) - Why Cheesecake Factory s Stock Is Trading Higher Today
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How restaurants keep customers coming back for takeout and delivery
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Company s 52-week low was at $14.52
Price action over last quarter: Up 53.94%
Company Description
Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company s international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and others. Most of the company s revenue comes from The Cheesecake Factory restaurants segment.