Cheesecake Factory Rides on Unit Expansion, Cost Woes Linger
Cheesecake Factory Rides on Unit Expansion, Cost Woes Linger 1The Cheesecake Factory CAKE banks on various sales building efforts, menu innovation, digitalization and expansion strategy. However, high costs associated with fluctuating consumer discretionary spending and intense competition from other restaurant chains are potential headwinds. Shares of Cheesecake Factory have lost 17.2% over the past year …
News story posted on 2019-11-16T01:24:00.0000000Z