INVESTOR PRESENTATION July 29, 2025 SAFE HARBOR STATEMENT This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. This includes, without limitation, financial guidance and projections, including underlying assumptions, and statements with respect to expectations of the Company's future financial condition, results of operations, cash flows, share repurchases, objecti ...

Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Etienne Marcus (818) 871-3000 investorrelations@thecheesecakefactory.com THE CHEESECAKE FACTORY REPORTS RESULTS FOR SECOND QUARTER OF FISCAL 2025 CALABASAS HILLS, Calif. – July 29, 2025 – The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2025, which ended on July 1, 2025. Development During the second quarter of fiscal 2025, the Company opened eight new restaurants, including two Chee ...

Cheesecake Factory (CAKE) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expec ...

Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks is challenging due to inherent risks and volatility [1] Group 1: Company Overview - Cheesecake Factory is currently recommended as a strong growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth [2] Group 2: Earnings Growth - Historical EPS growth for Cheesecake Factory stands at 53.3%, but projected EPS growth for this year is 6.8%, surpassing the industry average of 6.6% [4] Group 3: Asset Utilization - Cheesecake Factory has an asset utilization ratio (sales-to-total-assets ratio) of 1.21, indicating that the company generates $1.21 in sales for every dollar in assets, compared to the industry average of 0.97 [5] Group 4: Sales Growth - The company's sales are expected to grow by 5% this year, significantly higher than the industry average of 2.5% [6] Group 5: Earnings Estimate Revisions - Current-year earnings estimates for Cheesecake Factory have been revised upward, with the Zacks Consensus Estimate increasing by 0.4% over the past month, indicating positive momentum [7] Group 6: Investment Positioning - With a Zacks Rank of 2 and a Growth Score of A, Cheesecake Factory is well-positioned for outperformance, making it an attractive option for growth investors [9]

Group 1 - The Cheesecake Factory has a strong history of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 13.93% [2][3] - For the most recent quarter, the company reported earnings of $0.81 per share against an expectation of $0.93, resulting in a surprise of 14.81% [3] - The previous quarter saw the company outperforming expectations with actual earnings of $1.04 per share compared to a consensus estimate of $0.92, leading to a surprise of 13.04% [3] Group 2 - Recent changes in earnings estimates for Cheesecake Factory have been favorable, with a positive Zacks Earnings ESP indicating potential for another earnings beat [6][9] - The current Earnings ESP for the company stands at +2.96%, suggesting analysts have become more optimistic about its earnings prospects [9] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat, with historical data showing nearly 70% success in such cases [7][9] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8] - Analysts revising their estimates close to an earnings release are likely to have the most current information, which can enhance the accuracy of predictions [8] - The next earnings report for Cheesecake Factory is expected to be released on July 29, 2025 [9]

Core Insights - The Cheesecake Factory Incorporated (CAKE) is implementing a targeted pricing strategy that is effectively maintaining customer traffic while gradually increasing average check amounts [1][2][4] - In Q1 of fiscal 2025, same-store sales increased by 1% year-over-year, reversing a previous decline, driven by a 2.2% rise in average check and a 4.4% increase in menu pricing [2][9] - The company is focusing on operational efficiency and cost management to avoid passing excessive costs onto customers, which is contributing to improved comparable sales [3][9] Pricing Strategy - CAKE's pricing strategy is characterized by selective increases rather than broad discounts, which is proving effective in a price-sensitive consumer environment [4][9] - The company is refining its promotional tactics to focus on targeted offers, supported by a growing loyalty program and digital marketing investments [4] Competitor Analysis - Competitors like Brinker International and Cracker Barrel are also utilizing strategic pricing to enhance sales and manage cost pressures, with Brinker reporting a 30.5% revenue increase in its Chili's segment [5][6] - Cracker Barrel achieved a 1% increase in comparable-store sales, aided by a 4.9% rise in menu pricing, demonstrating the effectiveness of their pricing strategies [7] Financial Performance - CAKE's stock has appreciated by 43.6% over the past three months, significantly outperforming the industry average of 9.1% [8] - The company is trading at a forward price-to-earnings ratio of 16.44X, which is notably lower than the industry average of 26.02X [11] - Earnings estimates for fiscal 2025 and 2026 suggest year-over-year growth of 6.4% and 10.7%, respectively, with recent estimates remaining unchanged [13]

Company Overview - Cheesecake Factory shares have increased by approximately 15.5% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is crucial for understanding the catalysts affecting the stock [1] Earnings Estimates - Estimates for Cheesecake Factory have trended downward in the past month, with a consensus estimate shift of -6.99% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [4] VGM Scores - Cheesecake Factory has a strong Growth Score of A, but a low Momentum Score of F, while maintaining a Value Score of A, placing it in the top quintile for value investment [3] - The aggregate VGM Score for the stock is A, which is significant for investors not focused on a single strategy [3] Industry Performance - Cheesecake Factory is part of the Zacks Retail - Restaurants industry, where Brinker International has seen a notable gain of 29.5% over the past month [5] - Brinker International reported revenues of $1.43 billion for the last quarter, reflecting a year-over-year increase of +27.2%, with EPS rising from $1.24 to $2.66 [5] - For the current quarter, Brinker International is expected to post earnings of $2.36 per share, marking a year-over-year change of +46.6% [6]

Core Viewpoint - The Cheesecake Factory Incorporated (CAKE) is expected to benefit from unit expansion, strong performance of Flower Child, and effective marketing strategies, although concerns exist regarding the uncertain macroeconomic environment and elevated expenses [1]. Factors Driving Growth - The company opened eight new restaurants in the fiscal first quarter, including three North Italia, three Flower Child, and two FRC units, with plans to open up to 25 new restaurants in 2025 [2] - Flower Child's sales increased by 26.1% year over year to $43.5 million, supported by a 19.2% rise in total operating weeks and a 5.8% increase in sales per restaurant operating week [3] - The company executed a successful marketing strategy, including a menu update with over 20 new items, generating significant media attention and nearly double the PR impressions compared to the same quarter last year [4] Loyalty Program and Market Performance - The Cheesecake Rewards loyalty program is gaining traction, with high member acquisition and satisfaction levels, shifting towards a personalized engagement strategy [5] - Shares of Cheesecake Factory have increased by 7.7% over the past six months, outperforming the industry's decline of 5.2% [5] Concerns for CAKE Stock - The company is facing an uncertain macroeconomic environment, with concerns over fluctuations in commodity costs, labor, and various expenses [7] - Anticipated cost pressures include low-single-digit commodity inflation and net total labor inflation in the low-to-mid-single-digit range, with general and administrative expenses expected to be around $60 million [8] - Total costs and expenses for the second quarter of fiscal 2025 are projected to rise by 4.6% year over year to $884.6 million [8]

Group 1 - The Cheesecake Factory (CAKE) is given a hold rating due to the near-term upside being already priced in [1] - Strong performance in 1Q25 margin, steady same-store sales growth (SSSG), and momentum in new store openings are encouraging [1] - The investment approach focuses on understanding core business economics, competitive moat, unit economics, reinvestment opportunities, and management quality [1] Group 2 - The analyst emphasizes the importance of long-term free cash flow generation and shareholder value creation [1] - The analysis aims to help readers focus on factors that drive long-term equity value [1] - The investment insights shared are intended to be both analytical and accessible for readers seeking high-quality, long-term investment opportunities [1]

Group 1 - The Cheesecake Factory Incorporated (CAKE) is experiencing significant activity in the options market, particularly with the Jun 18, 2025 $30 Call showing high implied volatility, indicating potential for a major price movement [1] - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a significant event that could lead to either a rally or a sell-off [2] - The Cheesecake Factory currently holds a Zacks Rank 3 (Hold) in the Retail - Restaurants industry, which is in the bottom 21% of the Zacks Industry Rank, with recent downward revisions in earnings estimates from analysts [3] Group 2 - The high implied volatility surrounding The Cheesecake Factory may indicate a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4]