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 2024 CALABASAS HILLS, Calif. – JULY 31, 2024 – The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2024, which ended on July 2, 2024. Total revenues were $904.0 million in the second quarter of fiscal 2024 compared to $866.2 million in the second q ...

Investors looking for stocks in the Retail - Restaurants sector might want to consider either Cheesecake Factory (CAKE) or Dutch Bros (BROS) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy t ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fu ...

Cheesecake Factory (CAKE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July ...

The U.S. restaurant industry put up a great show in 2023 as it showed tremendous resilience in the face of rising food costs, inflation and higher wages. However, the industry is facing major challenges this year.Inflation, which declined sharply in 2023, resumed its climb in the first few months of this year. Higher prices impacted sales as traffic waned. High wages and higher food costs have been two major concerns affecting margins.However, the industry is trying to hold its ground. The Commerce Departme ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Gro ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cheesecake Factory (CAKE) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Cheesecake Factory is one of 210 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. Th ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

OntheRunPhoto/iStock Editorial via Getty ImagesThe Cheesecake Factory Incorporated (NASDAQ:CAKE) is going to report the company’s Q2 results on the 31st of July, where analysts expect a sequential improvement from Q1 in growth. After my previous article on the stock, published on the 3rd of April with the title “Why Cheesecake Factory’s Growth Hasn’t Translated Into Stock Appreciation”, CAKE has reported solid Q1 results amid a challenging industry backdrop. The stock has had a total return of 9% compar ...

Food is a way for us to connect– from the first date to celebrating our lives’ most important moments, a sit-down meal always carries significance. While food prices have risen across the board– with increases being even more painful for those who frequently eat out, consumer spending in this sector hasn’t seen much of a hit. Each month, spending amounts to between $94-95 billion, which indicates that while some volatility is still present, people aren’t willing to give up their special moments just yet.How ...