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Apr 01
The Cheesecake Factory Q1 2025 Earnings Report
Reported financial results for the first quarter of fiscal 2025
Key Takeaways
The Cheesecake Factory reported a strong start to fiscal 2025 with total revenues of $927.2 million, an increase from the prior year. Net income was $32.9 million, and adjusted diluted net income per share was $0.93, exceeding the GAAP EPS of $0.67.
Total revenues for Q1 2025 were $927.2 million, up from $891.2 million in Q1 2024.
GAAP diluted net income per share was $0.67, while adjusted diluted net income per share was $0.93.
Comparable restaurant sales at The Cheesecake Factory restaurants increased by 1.0% year-over-year.
The company opened eight new restaurants during the quarter and expects to open as many as 25 new restaurants in fiscal 2025.
The Cheesecake Factory
The Cheesecake Factory
The Cheesecake Factory Revenue by Segment
Forward Guidance
The Company continues to expect to open as many as 25 new restaurants in fiscal 2025.
Positive Outlook
- Expects to open as many as 25 new restaurants in fiscal 2025.
- Plans to open as many as three to four The Cheesecake Factory restaurants.
- Plans to open six to seven North Italia locations.
- Plans to open six to seven Flower Child locations.
- Plans to open as many as eight to nine Other FRC restaurants.