The Cheesecake Factory restaurant services
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The Cheesecake Factory profit rises more than 6% in Q3 2025
Yahoo Financeยท 2025-10-29 15:36
Core Insights - The Cheesecake Factory reported a net income of $31.89 million for Q3 2025, reflecting a 6.3% increase from $29.99 million in the same quarter last year [1] - Total revenues for the quarter reached $907.22 million, marking a 4.8% year-on-year growth [1] - The company operates 365 restaurants across the US and Canada under various brands, including The Cheesecake Factory, North Italia, and Flower Child [1] Revenue Composition - Revenue sources for the quarter included $651.37 million from The Cheesecake Factory, $83.48 million from North Italia, and $78.01 million from other FRC and related operations [2] - An $800,000 pre-tax charge was incurred, primarily related to costs from acquiring FRC [2] - Adjusted net income for Q3, after accounting for the pre-tax charge, was $33.2 million, or $0.68 per diluted share [2] Operational Performance - Comparable restaurant sales at The Cheesecake Factory increased by 0.3% year-on-year during the quarter [2] - The company's chairman and CEO highlighted the positive sales results amid a competitive environment, showcasing the strength of the brand [3] - Improvements in labor productivity, wage management, and staff retention contributed to healthy margin performance [4] Expansion Plans - The company opened two new FRC outlets and two licensed Cheesecake Factory locations in Mexico during Q3 [4] - Following the quarter, one additional FRC location was opened, with plans to open up to 25 restaurants in fiscal 2025, including multiple brands [5] - A quarterly dividend of $0.27 per share was announced [5]