Cheesecake Factory Touts 26 Openings, Off-Premise Momentum and Bigger Buybacks at Raymond James Conf.

2 hours ago 1

MarketBeat

Sat, March 7, 2026 astatine 6:50 AM CST 6 min read

Cheesecake Factory logo

Expansion push: Cheesecake Factory plans up to 26 caller edifice openings successful 2026 (following 16/23/25 openings successful 2023–25), operates 216 Cheesecake Factory units contiguous with a semipermanent home people of 300, and is scaling maturation concepts with semipermanent potentials similar North Italia (200) and Flower Child (700), targeting ~7% yearly portion growth.
Off-premise and loyalty momentum: Off-premise present represents astir 22% of sales (roughly $2.7M per edifice annually) via an exclusive DoorDash partnership, portion the Cheesecake Rewards program—launched June 2023—has exceeded expectations and volition get a dedicated mobile app successful Q2.
Strong currency procreation and shareholder returns: The institution reported grounds adjusted EBITDA of $354M and >$301M operating currency travel successful 2025, returned >$206M to shareholders, accrued its buyback authorization and raised the dividend, and is guiding to ~$3.9B gross and a ~5% nett income borderline for the twelvemonth with ~$210M successful capex planned.
Interested successful The Cheesecake Factory Incorporated? Here are 5 stocks we similar better.

2026 Food Inflation Outlook: This ETF Could Outperform

Executives from Cheesecake Factory (NASDAQ:CAKE) outlined the company’s maturation strategy, marque positioning, and fiscal outlook during a presumption astatine Raymond James’ conference, emphasizing portion enlargement crossed its portfolio, continued momentum successful off-premise sales, and ongoing superior returns to shareholders.

President David Gordon described the institution arsenic a person successful “experiential dining,” pointing to a portfolio anchored by The Cheesecake Factory marque and supported by maturation concepts led by North Italia and Flower Child, on with the Fox Restaurant Concepts (FRC) portfolio.

→ Uber and Joby Aviation Team Up: Game Changer oregon Hype?

Best edifice stocks to bargain now

The institution presently operates 216 The Cheesecake Factory restaurants successful the U.S. and Canada and sees an accidental to scope 300 home locations implicit time. Internationally, it has 35 locations nether licensing agreements crossed the Middle East, Latin America, and Asia.

For its maturation concepts, absorption reiterated semipermanent home imaginable targets:

North Italia: 48 restaurants crossed 16 states positive Washington, D.C., with a imaginable to scope 200 home locations implicit clip and a program for astir 20% mean yearly portion growth.
Flower Child: 43 locations crossed 15 states, targeting 20% mean yearly portion growth and a semipermanent imaginable of 700 home locations.
FRC (excluding Flower Child): 55 restaurants, positioned arsenic an “incubation engine” for innovative concepts. Gordon highlighted Culinary Dropout and The Henry arsenic concepts the institution believes could correspond aboriginal maturation potential.