The Cheesecake Factory has unveiled plans to significantly expand its presence, announcing the opening of up to 25 new restaurants in 2025 across its diverse range of brands. This ambitious expansion includes 3 to 4 new Cheesecake Factory locations, along with 6 to 7 North Italia, 6 to 7 Flower Child, and 8 to 9 Fox Restaurant Concepts establishments.
The announcement follows a strong start to 2025, with the company reporting a 1.7% year-over-year increase in comparable restaurant sales in the first quarter, along with the highest restaurant-level margins in over seven years at 18.4%. Additionally, customer satisfaction scores have reached record highs. Bloomberg noted that total revenues for the last quarter of 2024 came in at $921 million, marking a 5% rise compared to the same period in 2023.
In the wake of these robust financial results and expansion plans, The Cheesecake Factory's stock has seen a positive uptick. According to Reuters, the stock climbed following the company's announcement of impressive Q4 earnings, which appears to have bolstered investor confidence in its growth trajectory.