Cheesecake Factory benefits from improving Western economy, Barron's says Cheesecake Factory has benefited from an improving economy in Western states and could benefit from an expected drop in commodity prices next year, Barron's reports in its The Trader column. The company has been expanding overseas and the stock could benefit further as details come in from international restaurants, the paper adds. Reference Link
News For CAKE From The Last 14 Days
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Cheesecake Factory sees opening up to 10 company-owned restaurants in FY14 The company opened one new restaurant and relocated one restaurant during the second quarter. The company continues to expect to open as many as ten company-owned restaurants in fiscal 2014. Internationally, the first The Cheesecake Factory restaurant opened in Mexico last week under a licensing agreement. The company continues to expect as many as three to four restaurants to open in the Middle East and Mexico under licensing agreements in fiscal 2014.