Shares of restaurant company Cheesecake Factory (NASDAQ:CAKE) jumped 14.5% in the morning session after the company reported third-quarter results that blew past analysts' EBITDA expectations.
Houston-based JCP Investment Management, which focuses on the restaurant industry, has a roughly 2% stake in Cheesecake Factory, the people said. A regulatory filing in August had revealed the ...
Same-store sales at Cheesecake Factory restaurants increased 1.6% year-over-year. (Maggie Shannon for The Wall Street Journal) Cheesecake Factory delivered a strong third-quarter profit as the ...