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Cheesecake Factory (CAKE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended June 2026, Cheesecake Factory (CAKE - Free Report) reported revenue of $1.03 billion, up 7.7% over the same period last year. EPS came in at $1.44, compared to $1.16 in the year-ago quarter.

The reported revenue represents a surprise of +3.1% over the Zacks Consensus Estimate of $998.69 million. With the consensus EPS estimate being $1.17, the EPS surprise was +23.08%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Cheesecake Factory performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Number of company-owned restaurants - The Cheesecake Factory: 216 compared to the 217 average estimate based on seven analysts.
  • Comparable restaurant sales vs. prior year - North Italia: -3% versus -1.3% estimated by seven analysts on average.
  • Comparable restaurant sales vs. prior year - The Cheesecake Factory: 5.8% compared to the 2.1% average estimate based on seven analysts.
  • Number of company-owned restaurants - North Italia: 51 versus 51 estimated by six analysts on average.
  • Number of company-owned restaurants - Total: 374 compared to the 375 average estimate based on six analysts.
  • Number of international-licensed restaurants - The Cheesecake Factory: 36 compared to the 36 average estimate based on six analysts.
  • Number of company-owned restaurants - Other: 50 compared to the 50 average estimate based on five analysts.
  • Number of company-owned restaurants - Other FRC: 57 versus the five-analyst average estimate of 57.
  • Revenues- North Italia: $98.44 million versus $96.71 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change.
  • Revenues- The Cheesecake Factory restaurants: $729.48 million versus $705.53 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +6.8% change.
  • Revenues- Other: $97.69 million versus $94.39 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +6.7% change.
  • Revenues- Other FRC: $104.03 million compared to the $101.17 million average estimate based on six analysts. The reported number represents a change of +15.4% year over year.

View all Key Company Metrics for Cheesecake Factory here>>>

Shares of Cheesecake Factory have returned +9.7% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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