CAKE Stock Up on Menu Revamp With 22 Additions and 13 Removals
The Cheesecake Factory Incorporated (CAKE) has made strategic changes to its menu, introducing 22 new items while discontinuing 13. The additions include appetisers, main courses and mocktails.Shares of this U.S.-based casual dining chain gained 5.1% during the trading session yesterday. Investors’ sentiments are likely to be boosted by the potential impact of the updated menu on customer demand and sales performance.More on Cheesecake Factory’s Menu UpdateThe Cheesecake Factory has removed several items fr ...