Core Insights - The Cheesecake Factory has introduced 22 new menu items while discontinuing 13, aiming to enhance customer demand and sales performance [1][5] - The company's shares increased by 5.1% following the menu update, reflecting positive investor sentiment [1] - The focus on menu innovation and strategic adjustments is expected to support the company's competitive position in the casual dining sector [4][5] Menu Changes - New menu items include Chicken Shawarma, Mortadella Panino, grilled seafood, steak dishes, and lighter options, while some pizzas, burgers, pasta, and seafood dishes have been removed [2][3] - The "SkinnyLicious" menu has been updated with a new seafood dish, and a new dessert for kids has been added [3] Business Strategy - The Cheesecake Factory operates 352 restaurants in the U.S. and Canada, with 34 international locations through licensing agreements [4] - The company updates its menu biannually and adjusts prices to manage rising operating costs, which helps maintain margins and customer traffic [4] Financial Performance - Shares of The Cheesecake Factory have increased by 24.5% over the past six months, contrasting with a 0.8% decline in the Zacks Retail – Restaurants industry [8] - Earnings estimates for 2025 have risen to $3.72 per share, indicating an 8.1% growth from 2024 [9]
CAKE Stock Up on Menu Revamp With 22 Additions and 13 Removals