The Cheesecake Factory delivered solid third-quarter results, achieving consolidated revenues within guidance and exceeding earnings expectations, highlighting the resilience of its brand amid a challenging environment.

• Comparable sales at the Cheesecake Factory restaurants increased by 0.3%, with robust annualized unit volumes over $12 million.
• Restaurant-level profit margin improved by 60 basis points year-over-year to 16.3%, driven by enhanced labor productivity and wage management.
• The company opened 2 new FRC restaurants and 2 Cheesecake locations in Mexico, staying on track to meet its goal of up to 25 new openings in 2025.
• Significant progress in the Cheesecake Rewards program, with strong membership growth and high customer satisfaction, supports increased guest engagement.
• North Italia faced a 3% decline in comparable sales but improved adjusted profit margins, affirming operational resilience in a competitive landscape.