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The word on The Street in general, suggests a Hold analyst consensus rating for Cheesecake Factory with a $41.00 average price target.
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Based on Cheesecake Factory’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $518 million and GAAP net loss of $28.35 million. In comparison, last year the company earned revenue of $587 million and had a net profit of $16.09 million.
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Cheesecake Factory, Inc. engages in the operation of chain restaurants. It operates through The Cheesecake Factory and Other segments. The Cheesecake Factory segment involves in the management of restaurants. The Other segment comprises of Grand Lux Cafe, RockSugar Southeast Asian Kitchen, bakery, consumer packaged goods, and international licensing. Its menu offering includes appetizers, pizza, seafood, steaks, chicken, burgers, small plates, pastas, salads, sandwiches, omelettes, and desserts. The company was founded by David M. Overton, Oscar Overton, and Evelyn Overton in 1972 and is headquartered in Calabasas Hills, CA.