Quarterly ResultApr 29, 2026, 04:50 PM
CAKE Q1 Revenue $978.8M; Adj. EPS $1.05; Dividend $0.30/Share
AI Summary
The Cheesecake Factory reported strong first-quarter fiscal 2026 results, with total revenues reaching $978.8 million, an increase from $927.2 million in Q1 2025. Adjusted diluted net income per share was $1.05, exceeding expectations. The company also declared a quarterly cash dividend of $0.30 per share and repurchased $19.2 million in stock. Comparable restaurant sales at The Cheesecake Factory increased by 1.6% year-over-year.
Key Highlights
- Total revenues for Q1 2026 were $978.8 million, up from $927.2 million in Q1 2025.
- Adjusted diluted net income per share was $1.05, with adjusted net income of $51.1 million.
- Comparable restaurant sales at The Cheesecake Factory increased 1.6% year-over-year.
- Board declared a quarterly cash dividend of $0.30 per share, payable May 26, 2026.
- Repurchased approximately 332,000 shares for $19.2 million in Q1 2026.
- Opened 4 new restaurants in Q1 2026 and 1 subsequent to quarter-end.
- Total available liquidity was $601.6 million as of March 31, 2026.