Cheesecake Factory Inc 8-K, filed Oct 27, 2026

Cheesecake Factory Inc (CAKE)

8-K 2026-10-27 For: 2026-10-21

Added on October 27, 2026

About this 8-K

Cheesecake Factory Inc filed this 8-K on October 27, 2026, reporting on events of October 21, 2026.

The Cheesecake Factory Incorporated reported third quarter fiscal 2026 revenue of $1,033.4 million and net income of $61.3 million, with comparable restaurant sales up 15.2%. Its Board declared a $0.30 per share dividend payable November 24, 2026. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 8.01: Other events
Item 9.01: Financial statements and exhibits

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Delaware	0-20574	51-0340466
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

26901 Malibu Hills Road Calabasas Hills, California		91301
(Address of principal executive offices)		(Zip Code)

Title of each class:		Trading Symbol(s)		Name of each exchange on which registered:
Common Stock, par value $.01 per share		CAKE		The Nasdaq Stock Market LLC

(d)	Exhibits

	99.1	Press Release dated October 27, 2026 entitled “The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2026”
	99.2	The Cheesecake Factory Investor Presentation dated October 27, 2026
	104.1	Cover Page Interactive Data File (embedded within the inline XBRL document)

Date: October 27, 2026	THE CHEESECAKE FACTORY INCORPORATED


	By:	/s/ Matthew E. Clark
		Matthew E. Clark
		Executive Vice President and Chief Financial Officer

FOR IMMEDIATE RELEASE	Contact: Etienne Marcus
	(818) 871-3000
	investorrelations@thecheesecakefactory.com

	13 Weeks Ended						13 Weeks Ended						39 Weeks Ended						39 Weeks Ended
	September 29, 2026						September 30, 2025						September 29, 2026						September 30, 2025
Consolidated Statements of Income	Amount			Percent of Revenues			Amount			Percent of Revenues			Amount			Percent of Revenues			Amount			Percent of Revenues
Revenues	$	1,033,440			100.0	%	$	907,226			100.0	%	$	3,041,906			100.0	%	$	2,790,248			100.0	%
Costs and expenses:
Food and beverage costs		218,919			21.2	%		197,654			21.8	%		655,016			21.5	%		605,758			21.7	%
Labor expenses		359,758			34.8	%		322,774			35.6	%		1,059,002			34.8	%		987,368			35.4	%
Other operating costs and expenses		285,791			27.7	%		255,724			28.2	%		822,832			27.1	%		757,871			27.2	%
General and administrative expenses		66,645			6.4	%		58,996			6.5	%		196,168			6.4	%		177,706			6.4	%
Depreciation and amortization expenses		29,175			2.8	%		27,419			3.0	%		86,262			2.8	%		80,361			2.9	%
Impairment of assets and lease termination expenses/(income)		8			0.0	%		(104	)		0.0	%		961			0.0	%		496			0.0	%
Acquisition-related contingent consideration, compensation and amortization (income)/expenses		(12,889	)		(1.2	)%		910			0.1	%		(10,452	)		(0.3	)%		2,920			0.1	%
Preopening costs		11,160			1.1	%		6,584			0.7	%		23,591			0.8	%		23,718			0.8	%
Total costs and expenses		958,567			92.8	%		869,957			95.9	%		2,833,380			93.1	%		2,636,198			94.5	%
Income from operations		74,873			7.2	%		37,269			4.1	%		208,526			6.9	%		154,050			5.5	%
Interest expense, net		(1,988	)		(0.2	)%		(2,247	)		(0.3	)%		(6,040	)		(0.2	)%		(7,448	)		(0.2	)%
Loss on debt extinguishment		–			–	%		–			–	%		–			–	%		(15,891	)		(0.6	)%
Other income, net		520			0.1	%		459			0.1	%		1,173			0.0	%		1,482			0.0	%
Income before income taxes		73,405			7.1	%		35,481			3.9	%		203,659			6.7	%		132,193			4.7	%
Income tax provision		12,105			1.2	%		3,582			0.4	%		24,417			0.8	%		12,541			0.4	%
Net income	$	61,300			5.9	%	$	31,899			3.5	%	$	179,242			5.9	%	$	119,652			4.3	%

Basic net income per share	$	1.31					$	0.68					$	3.84					$	2.55
Basic weighted average shares outstanding		46,775						46,608						46,663						46,842

Diluted net income per share	$	1.19					$	0.66					$	3.62					$	2.46
Diluted weighted average shares outstanding		51,473						48,616						49,487						48,633

	For the 13 Weeks Ended September 29, 2026
	The Cheesecake
	Factory		North		Other
	restaurants		Italia		FRC			Other			Total
Revenues	$	754,374	$	92,993	$	90,313		$	95,760		$	1,033,440
Costs and expenses:
Food and beverage costs		162,224		20,461		19,932			16,302			218,919
Labor expenses		250,934		35,770		36,366			36,688			359,758
Other operating costs and expenses		200,495		26,825		29,848			28,623			285,791
General and administrative expenses		-		-		-			66,645			66,645
Depreciation and amortization expenses		17,357		3,620		3,697			4,501			29,175
Impairment of assets and lease termination expenses		-		-		-			8			8
Acquisition-related contingent consideration, compensation and amortization (income)/expenses		-		-		316			(13,205	)		(12,889	)
Preopening costs		3,762		2,235		3,749			1,414			11,160
Total costs and expenses		634,772		88,911		93,908			140,976			958,567
Income/(loss) from operations	$	119,602	$	4,082	$	(3,595	)	$	(45,216	)	$	74,873

	For the 13 Weeks Ended September 30, 2025
	The Cheesecake
	Factory		North		Other
	restaurants		Italia		FRC			Other			Total
Revenues	$	651,375	$	83,482	$	78,017		$	94,352		$	907,226
Costs and expenses:
Food and beverage costs		140,859		18,091		17,360			21,344			197,654
Labor expenses		225,885		31,312		30,885			34,692			322,774
Other operating costs and expenses		178,249		24,100		25,926			27,449			255,724
General and administrative expenses		-		-		-			58,996			58,996
Depreciation and amortization expenses		16,841		3,060		3,288			4,230			27,419
Impairment of assets and lease termination expenses/(income)		33		-		(178	)		41			(104	)
Acquisition-related contingent consideration, compensation and amortization expenses		-		-		316			594			910
Preopening costs		1,610		1,003		3,623			348			6,584
Total costs and expenses		563,477		77,566		81,220			147,694			869,957
Income/(loss) from operations	$	87,898	$	5,916	$	(3,203	)	$	(53,342	)	$	37,269

	For the 39 Weeks Ended September 29, 2026
	The Cheesecake
	Factory		North		Other
	restaurants		Italia		FRC		Other			Total
Revenues	$	2,174,323	$	280,912	$	298,867	$	287,804		$	3,041,906
Costs and expenses:
Food and beverage costs		472,056		63,026		66,151		53,783			655,016
Labor expenses		726,671		106,325		114,854		111,152			1,059,002
Other operating costs and expenses		567,163		77,928		91,754		85,987			822,832
General and administrative expenses		-		-		-		196,168			196,168
Depreciation and amortization expenses		52,053		10,438		10,660		13,111			86,262
Impairment of assets and lease termination expenses		568		-		5		388			961
Acquisition-related contingent consideration, compensation and amortization (income)/expenses		-		-		947		(11,399	)		(10,452	)
Preopening costs		6,686		6,404		7,892		2,609			23,591
Total costs and expenses		1,825,197		264,121		292,263		451,799			2,833,380
Income/(loss) from operations	$	349,126	$	16,791	$	6,604	$	(163,995	)	$	208,526

	For the 39 Weeks Ended September 30, 2025
	The Cheesecake
	Factory		North		Other
	restaurants		Italia		FRC		Other			Total
Revenues	$	2,007,366	$	257,722	$	255,619	$	269,541		$	2,790,248
Costs and expenses:
Food and beverage costs		435,891		56,341		56,303		57,223			605,758
Labor expenses		690,517		96,748		95,892		104,211			987,368
Other operating costs and expenses		530,995		70,777		78,720		77,379			757,871
General and administrative expenses		-		-		-		177,706			177,706
Depreciation and amortization expenses		49,263		8,932		9,587		12,579			80,361
Impairment of assets and lease termination expenses		304		-		137		55			496
Acquisition-related contingent consideration, compensation and amortization expenses		-		-		947		1,973			2,920
Preopening costs		6,518		5,629		8,618		2,953			23,718
Total costs and expenses		1,713,488		238,427		250,204		434,079			2,636,198
Income/(loss) from operations	$	293,878	$	19,295	$	5,415	$	(164,538	)	$	154,050

	13 Weeks Ended			13 Weeks Ended			39 Weeks Ended			39 Weeks Ended
The Cheesecake Factory restaurants operating information:	September 29, 2026			September 30, 2025			September 29, 2026			September 30, 2025
Comparable restaurant sales vs. prior year		15.2	%		0.3	%		7.5	%		0.9	%
Restaurants opened during period		2			-			2			2
Restaurants open at period-end		218			216			218			216
Restaurant operating weeks		2,818			2,808			8,442			8,397

North Italia operating information:
Comparable restaurant sales vs. prior year		(3	)%		(3	)%		(3	)%		(1	)%
Restaurants opened during period		1			-			4			4
Restaurants open at period-end		52			46			52			46
Restaurant operating weeks		667			598			1,942			1,748

Other Fox Restaurant Concepts (FRC) operating information:⁽¹⁾
Restaurants opened during period		2			2			4			6
Restaurants open at period-end		59			53			59			53
Restaurant operating weeks		752			675			2,204			1,960

Other operating information:⁽²⁾
Restaurants opened during period		1			-			3			6
Restaurants open at period-end		51			49			51			49
Restaurant operating weeks		657			637			1,933			1,838

Number of company-owned restaurants:
The Cheesecake Factory		218
North Italia		52
Other FRC		59
Other		51
Total		380

Number of international-licensed restaurants:
The Cheesecake Factory		35

(1) The Other FRC segment includes all FRC brands except Flower Child.
(2) The Other segment includes the Flower Child and Grand Lux Cafe concepts, as well as the Company's third-party bakery, international and consumer packaged goods businesses, unallocated corporate expenses and gift card costs.

Selected Consolidated Balance Sheet Information	September 29, 2026		December 30, 2025
Cash and cash equivalents	$	249,269	$	215,729
Current and long-term debt, net of issuance costs ⁽¹⁾		563,713		630,074