The Cheesecake Factory Details Expansion Plans

The Cheesecake Factory Inc. (Calabasas, Calif.) said it plans to open as many as 25 new restaurants in its current fiscal year, including as many as four The Cheesecake Factory restaurants, six North Italia units, six Flower Child locations and nine Fox Restaurant Concepts locales. The company disclosed those numbers in its earnings report for its third quarter ended Sept. 30, which saw the restaurateur record revenues of $907.2 million, up from $865.5 million for the same period a year ago.

“Our focus on delivering delicious, memorable dining experiences and ongoing menu innovation continues to resonate with guests, reflected in steady sales trends and positive early results from our latest menu updates,” said Chairman and CEO David Overton. “With our scale, operational discipline, and the enduring appeal of our high-quality, experiential concepts, we believe we are well-positioned to drive performance, long-term growth and shareholder value.”

The company Overton runs currently own and operate 365 restaurants throughout the United States and Canada under The Cheesecake Factory, North Italia and Flower Child nameplates, along with several FRC concepts, including Culinary Dropout, Blanco Cocina + Cantina and The Henry. Internationally, it operates 35 licensed Cheesecake Factory restaurants.