The Cheesecake Factory Incorporated CAKE is one of the most recognized upscale casual restaurants chain operating in the U.S. It taps all dining preferences from lunch and dinner day parts to the mid-afternoon and late-night day part.
Despite challenging economic conditions, the company has been expanding in the domestic as well as international markets. We believe that various strategic initiatives have boosted traffic volume and sales.
Nevertheless, over the past six months, Cheesecake Factory with a Zacks Rank #5 (Strong Sell) has lost 14.8%, faring miserably against the Zacks categorized Retail-Restaurants industry's gain of 8.7%.
The Cheesecake Factory Incorporated CAKE: Free Stock Analysis Report
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