The Cheesecake Factory posts record Q3 revenue and 15% same‑store sales growth

The Cheesecake Factory reported third‑quarter 2026 revenue of $1.03 billion, a year‑over‑year increase of about 14‑15%. Comparable restaurant sales rose 15.2% and adjusted earnings per share were $1.02, beating estimates. CEO David Overton said the results were driven by new menu items, the rewards program and strong traffic, while the company opened six new restaurants and announced a $0.30 dividend.

The company expects to open up to 26 new locations in fiscal 2026, which could support further revenue growth. The $0.30 dividend and the repurchase of roughly 29,800 shares signal continued capital return to shareholders.

  • Total restaurant count differs: 383 locations reported in material 1 versus 415 locations reported in material 5.

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