Financial Data and Key Metrics Changes - The company expects 4%-5% revenue growth for FY 2026, supported by a low single-digit comp growth of 1%-2% and new unit contributions leading to approximately 5% net income growth [2][28] - The Cheesecake Factory's current four-wall margins are projected to be in the mid-17% range, with total company margins expected to be just under 16% for the year [56][60] Business Line Data and Key Metrics Changes - Flower Child, the fast casual brand, continues to show strength and is differentiated from traditional fast casual dining, contributing positively to the overall portfolio [7][12] - North Italia is experiencing some challenges with comp sales but has opened new locations that are exceeding sales expectations, indicating potential for recovery [70][73] Market Data and Key Metrics Changes - The company has observed stable consumer behavior with slightly slower spending, but no significant volatility indicating pressure on the consumer [7][8] - The competitive landscape includes challenges from food at home due to menu pricing increases across the industry, but the company believes its experiential dining model mitigates this risk [14][63] Company Strategy and Development Direction - The company plans to open 26 new restaurants in FY 2026, continuing its growth trajectory across its portfolio [29][49] - The focus on menu innovation, particularly with the introduction of Bites and Bowls, aims to enhance customer experience and drive traffic [30][81] Management's Comments on Operating Environment and Future Outlook - Management expresses confidence in navigating the current economic environment, citing strong P&L resiliency and the ability to adapt to input cost changes [8][54] - The company is optimistic about the rewards program, which has shown strong engagement and aims to increase customer visits [30][40] Other Important Information - The company is exploring international growth opportunities, with plans to open 3-5 international restaurants annually [77] - Capital expenditures for FY 2026 are projected to be between $200 million and $210 million, with a focus on maintaining a strong balance sheet and cash flow [78][79] Q&A Session Summary Question: How does the company view consumer trends across different demographics? - Management notes that there is stability in consumer spending across demographics, with Flower Child showing continued strength despite broader industry challenges [6][7] Question: What initiatives are being taken to address the performance of North Italia? - The company has introduced a price-fixed lunch menu to attract customers and is committed to maintaining the core concept while addressing current market conditions [72][73] Question: How does the company plan to leverage its rewards program? - The rewards program is designed to enhance customer engagement and drive additional visits, with a focus on personalized marketing strategies [30][40]

Core Insights - Twin Hospitality Group Inc. has appointed Melissa Fry as Chief Marketing Officer, bringing over 25 years of marketing experience in the restaurant and hospitality sectors [1][3] - The company is strategically enhancing its executive team to support its growth trajectory, with nearly 100 Twin Peaks units in the development pipeline [2] Company Overview - Twin Hospitality Group Inc. operates and franchises specialty casual dining concepts, including Twin Peaks and Smokey Bones, aiming to redefine the casual dining category [5] - Twin Peaks has 114 locations across 27 states and Mexico, known for its scratch-made food and sports bar atmosphere, while Smokey Bones operates 51 locations specializing in meat-centric dishes [5] Leadership and Strategy - CEO Kim Boerema emphasizes the importance of Fry's experience in experiential dining and her ability to drive traffic and guest engagement [4] - The leadership changes, including the recent appointments of Ken Brendemihl and Lexi Burns, are designed to position the company for ambitious expansion [2] Marketing Initiatives - Fry's previous role at Hooters involved comprehensive marketing strategies that included national media campaigns and digital transformation, which will be leveraged to enhance Twin Hospitality's brand awareness and guest engagement [3] - The company aims to create synergies between Twin Peaks and Smokey Bones while maintaining each brand's unique identity [4]

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 ...

Core Insights - Twin Hospitality Group Inc. has appointed Kim Boerema as the new Chief Executive Officer to drive the growth of Twin Peaks Restaurant [1][4] - Boerema has over 30 years of experience in the restaurant industry, with a proven track record in scaling operations and enhancing profitability [2][4] - The company aims to expand its brand with a pipeline of 100 new lodges, leveraging Boerema's expertise in franchising and corporate operations [4] Company Overview - Twin Hospitality Group Inc. operates specialty casual dining restaurant concepts, focusing on redefining the casual dining category through experiential brands [5] - Twin Peaks, founded in 2005, currently has 116 locations across the U.S. and Mexico, known for its sports lodge theme and made-from-scratch food [6] Leadership Background - Kim Boerema previously served as President and COO of Parry's Pizzeria & Taphouse, where he expanded the brand from 10 to approximately 30 units in two and a half years [2] - His past roles include CEO of Iron Hill Brewery and COO of California Pizza Kitchen, where he developed a cost-effective restaurant prototype and improved operations [2][4] - Boerema also held the position of Regional Vice President at Texas Roadhouse, overseeing 125 units across 22 states [2]

Company Overview - The company owns and operates 358 restaurants across the US and Canada, including 215 The Cheesecake Factory locations[8] - The company's fiscal year 2024 revenue was $3.6 billion[8] - The company's market capitalization was $2.5 billion as of April 1, 2025[8] Expansion and Growth - There are 33 international The Cheesecake Factory locations[12, 21] - The company is targeting approximately 20% average annual unit growth for North Italia and Flower Child[82, 91] - The company plans to open as many as 25 new units in 2025[105, 118] Financial Performance - Total revenue for Q1 2025 was $927 million, up 4% from the previous year[113] - Adjusted net income margin for Q1 2025 was 4.9%, up 90 bps from the previous year[113] - The company issued $575 million of 2.00% Convertible Senior Notes due 2030[113, 117] Sales and Unit Volume - The Cheesecake Factory's FY 2024 average weekly sales equate to $12.5 million annualized AUV[111] - North Italia's FY 2024 average weekly sales equate to $7.7 million annualized AUV[111] - Flower Child's FY 2024 average weekly sales equate to $7.2 million annualized AUV[111] Off-Premise Performance - Off-premise sales accounted for 17% of total revenue in FY 2024[26] - The Cheesecake Factory's off-premise average weekly sales for FY 2024 were $2.8 million per restaurant[39]

Core Insights - The Saudi Arabia foodservice market is projected to grow from US$ 26.61 billion in 2024 to US$ 51.64 billion by 2033, with a compound annual growth rate (CAGR) of 7.66% from 2025 to 2033 [2][21] - The growth is driven by an increase in restaurants, demographic changes, urbanization, and evolving consumer preferences towards diverse and health-conscious dining options [2][4][9] Market Dynamics Growth Drivers - The number of local and international brands entering the market has expanded food options, particularly in major cities like Riyadh, Jeddah, and Dhahran [3] - The influence of international cuisine trends and the rise of online food delivery services are significant factors in the industry's rapid growth [4] - The government's Vision 2030 plan is enhancing the tourism sector, which is expected to further boost the foodservice industry [5] - A young population, with 37% under 25, is increasingly seeking international cuisines and diverse dining experiences [6] - The tourism boom, with 93.5 million arrivals in 2022, has significantly impacted the foodservice sector, with tourism spending reaching USD 49.33 billion [8] Challenges - The foodservice industry faces challenges from fluctuating food prices and supply chain disruptions due to reliance on imports [16] - Increased reliance on delivery services necessitates investments in digital solutions and delivery infrastructure, raising operational costs [18][19] Key Trends - There is a growing interest in health-conscious eating, leading to restaurants offering healthier menu options [9][10] - The demand for culinary experiences driven by tourists is reshaping dining services, with a focus on upscale dining and cultural events [12][13] - The rise of online meal delivery services is transforming the foodservice landscape, with companies adapting to meet consumer preferences for convenience [14][15] Key Players - Notable companies in the Saudi foodservice market include Al Tazaj Fakeih, AlAmar Foods Company, and Americana Restaurants International PLC [20][24] Market Overview - The report covers various aspects of the foodservice market, including types of foodservice, outlet types, and regional analysis [22][26] - The forecast period for the market analysis is from 2024 to 2033, with detailed insights into market dynamics and competitive landscape [21][22]