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Cheesecake Factory CAKE Q3 2024 earnings

Reported July 31, 2024 · After market close

Revenue$904.0MMiss by $4.6M
EPS$1.09Beat by $0.09
Revenue estimate$908.7M
EPS estimate$1.00

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$945.9M
EPS estimate$0.71

Financials

Q3 2024

Income statement

See full
Revenue$865.5M+4.2%
Operating income$33.7M+77.1%
Net income$30.0M+67.1%
EPS (diluted)$0.61+64.9%

Balance sheet

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Cash & equivalents$52.2M-18.4%
Total debt$1.9B+1.5%
Total equity$396.4M+23.2%
Total assets$2.9B+5.7%

Cash flow

See full
Operating cash flow$79.9M+62.9%
CapEx$54.2M+45.5%
Free cash flow$25.7M+118%

Valuation & ratios

Valuation

as of 07/02/24
See full
Market cap$2.06B+32.8%
Enterprise value$3.9B+16.4%
P/E16.1×-1.4×
P/S0.6×+0.1×

Profitability

See full
Operating margin4%
Net margin3.6%+1.1pp
FCF margin2%-0.3pp

Returns & leverage

See full
Return on equity35.7%+8.3pp
Debt / equity4.8×-1.0×
Current ratio0.4×0.0×

Segments

By segment

See full
The Cheesecake Factory$647.8M-0.2%
All Other Segments$78.9M-1.9%
North Italia$71.9M+11.1%
Other Fox Restaurant Concepts Llc$67.0M+1.5%

Versus estimates

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Questions, answered.

When did Cheesecake Factory report Q3 2024 earnings?
Cheesecake Factory (CAKE) reported Q3 2024 earnings on July 31, 2024 after market close.
What were Cheesecake Factory's Q3 2024 revenue and EPS?
Cheesecake Factory reported revenue of $904.0M and eps of $1.09 for Q3 2024.
Did Cheesecake Factory beat estimates in Q3 2024?
Revenue missed the consensus estimate of $908.7M by $4.6M. EPS beat the consensus estimate of $1.00 by $0.09.
Where can I find Cheesecake Factory's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0001410578-24-001151) directly on SEC EDGAR. The filing index links above go to sec.gov.