Quarterly ResultMay 4, 2026, 05:08 PM
Cheesecake Factory Q1 Net Income +50.4% to $49.5M; EPS $1.02
AI Summary
Cheesecake Factory reported strong first-quarter results for 2026, with net income surging over 50% to $49.5 million and diluted EPS increasing to $1.02. Revenues also saw a healthy rise to $978.8 million. The company also entered into a new $400 million Revolver Facility and repurchased a significant portion of its 2026 Convertible Senior Notes.
Key Highlights
- Net income increased 50.4% to $49.5 million for the quarter.
- Diluted earnings per share rose 52.2% to $1.02.
- Revenues grew 5.6% to $978.8 million.
- Cash provided by operating activities increased 22.6% to $96.7 million.
- Declared a cash dividend of $0.30 per share.
- Entered into a new $400 million Revolver Facility.
- Repurchased $276.0 million of 2026 Convertible Senior Notes.
Price Impact
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