The Cheesecake Factory: The Restaurant Operator Continues to Gain Market Share Against the Broader Casual Dining Industry

Cheesecake Factory is a leading player in the experiential dining sector. It has a diversified restaurant portfolio with various brands such as Flower Child and North Italia, as well as a handful of boutique restaurants. The company has recently raised prices without affecting comparable sales growth in the low single digits. In return, the company's net profit margins have nearly doubled. Although the company is best known for its namesake Cheesecake Factory locations (which are about 930 square feet and offer a very versatile menu that...