| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 37 | 29.8x | 17.3x | Bottom tier | |
Growth | 43 | 5.7% | 7.1% | Around median | |
Quality | 79 | 7.3% | 4.5% | Top tier | |
Safety | 47 | 5.9x | 2.6x | Around median | |
Capital Return | 63 | 1.04% | 0.06% | Around median | |
Momentum | 98 | 93.0% | -1.6% | Top tier | |
Sentiment | 39 | 14 | 3 | Bottom tier |
The floor: what the company is worth if growth stopped today
72% of today's price is what a buyer pays for growth that has not happened yet.
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
The Cheesecake Factory Incorporated operates a restaurant portfolio that includes The Cheesecake Factory, North Italia, Flower Child, and Fox Restaurant Concepts brands such as The Henry, along with external bakery sales. Revenue generation relies primarily on restaurant sales, benefiting from a variety of concepts, price points, and dining experiences; in Q2 fiscal 2026, The Cheesecake Factory restaurant sales were approximately $729.5 million, North Italia approximately $98.4 million, the other Fox Restaurant Concepts approximately $104 million, Flower Child approximately $56.6 million, and external bakery sales approximately $15.4 million.
In Q2 fiscal 2026, total revenue exceeded $1 billion for the first time, compared with $978.8 million in Q1 fiscal 2026, while net income according to EDGAR was approximately $68.4 million and diluted earnings per share were $1.41. On an adjusted basis, the company recorded a net income margin of 6.8% and diluted earnings per share of $1.44, while record quarterly net income increased 25% year over year to approximately $68 million and adjusted earnings before interest, taxes, depreciation, and amortization rose 18% to $118 million.
The core concept led performance; comparable restaurant sales at The Cheesecake Factory increased 5.8%, traffic grew 2.7%, total concept sales rose 7% year over year, and restaurant margin reached 20%, its highest level in a decade. Meanwhile, comparable sales at Flower Child increased 13% and its adjusted mature restaurant margin reached 20.1%, while comparable sales at North Italia declined 3% and its adjusted mature restaurant margin fell from 18.2% to 15.6%.
The average analyst price target is $80.91, with a “Neutral” consensus and a wide range between $60 and $110, reflecting significant divergence in assessments of growth strength and margin expansion. The average target is approximately 31.7% below the 52-week range high of $118.46, while the highest target is close to that high, and no published price-to-earnings ratio is available in the data to confirm whether the valuation is supported by a low or high earnings multiple. Therefore, CAKE’s valuation in this data depends more heavily on the sustainability of traffic growth and margins at The Cheesecake Factory and Flower Child versus North Italia’s weakness and expansion costs.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Revenue exceeded $1 billion for the first time, while net income according to EDGAR was approximately $68.4 million and diluted earnings per share were $1.41. Comparable sales at The Cheesecake Factory increased 5.8% and traffic rose 2.7%, while restaurant margin reached 20%, its highest level in a decade. Bowls, Bites, the Cheesecake Rewards app, and social media marketing contributed to higher traffic and frequency, alongside improved labor productivity and food efficiency.
Management expects revenue of approximately $4 billion and a net income margin of approximately 5.4% in fiscal 2026, assuming no material operating or consumer disruptions. It plans to open up to 26 restaurants, including five to six The Cheesecake Factory restaurants, six to seven North Italia restaurants, seven Flower Child restaurants, and up to seven other Fox Restaurant Concepts restaurants. The company estimates cash capital expenditures of approximately $210 million and preopening expenses of between $35 million and $36 million during fiscal 2026.
Automated analysis for informational purposes only — not investment advice.
Flower Child sales in Q2 fiscal 2026 increased 18% year over year to $56.6 million, while comparable sales rose 13%. Approximately 8% of the growth came from traffic, and average annual sales volume reached $5.3 million, with some older locations reaching $6.5–$7 million. The concept achieved an adjusted mature restaurant margin of 20.1%, while approximately 55% of its sales remained off-premise and dinner accounted for approximately 30%–35% of the mix.
Comparable sales at North Italia declined 3% in Q2 fiscal 2026, despite total concept sales increasing 8% year over year to $98.4 million due to expansion. Adjusted mature restaurant margin fell to 15.6% from 18.2% because of weaker operating leverage and higher commodity inflation. During the second half of fiscal 2026, management is testing lower-priced pasta options, lunch offerings, and targeted local marketing, but it expects improvement to take time and traffic to remain volatile for several quarters.
The company launched the Cheesecake Rewards app during fiscal 2026, three years after starting the program, and guest adoption exceeded management’s expectations. The app provides reservations, online ordering, and rewards tracking and redemption, while also giving the company data that helps it personalize offers and increase traffic. Management explained during the July 28, 2026 call that sales accelerated modestly in the second half of the quarter even after the free-slice offer ended in early May 2026, with continued acquisition of new users and increases in reservations and engagement.
Available liquidity reached $561.7 million at the end of Q2 fiscal 2026, including $195.2 million in cash and $366.5 million available under the credit facility. The company repaid the $69 million principal amount of convertible notes that matured in June 2026, leaving outstanding debt consisting of $575 million of 2% convertible notes due in 2030. During the same quarter, it spent approximately $43 million on capital expenditures and returned $25 million to shareholders, including $9.3 million in share repurchases and $15.7 million in dividends.