The Cheesecake Factory makes bittersweet changes to its menu
The restaurant chain is shaking up its menu as consumers switch gears.
The Cheesecake Factory (CAKE) ended 2024 on a strong note unlike some of its competitors in the restaurant industry, which is suffering from an alarming consumer trend.
In The Cheesecake Factory’s fourth-quarter earnings report for 2024, it revealed that its comparable restaurant sales increased by 1.7% year-over-year during the quarter. It also generated $921 million in total revenues, which is 5% higher than what it earned during the same time period in 2023.
