BNET Industries
Market Cap:$1.1B
Last Fiscal Year Sales:$1.5B
- Public
- US
Dow Jones Description
The Cheesecake Factory Incorporated created the upscale casual dining segment in 1978 with the introduction of its namesake concept and continues to define it today with the two highest productivity concepts in the industry. The Company operates 145 restaurants throughout the U.S. under The Cheesecake Factory(R) name with an extensive menu of more than 200 items and fiscal 2007 average annual unit sales of approximately $10.4 million. Grand Lux Cafe(R), the Company's second concept, has 13 units in operation across the U.S. offering a broad menu of more than 150 items and average annual unit sales of approximately $12.7 million in fiscal 2007. The Company also operates one unit of its newest concept, RockSugar Pan Asian Kitchen(TM), and two bakery production facilities in Calabasas Hills, CA and Rocky Mount, NC that produce over 60 varieties of quality cheesecakes and other baked products. Additionally, the Company licenses two bakery cafe outlets to another foodservice operator under The Cheesecake Factory Bakery Cafe(R) mark.
Chief Executive Officer
David OvertonNumber of Employees 31,000
Contact Information
26950 Agoura Rd
Calabasas Hills, California 91301
1 818 880 9323
Peer Companies
NAICS Code Full-Service Restaurants: 722110
Recent Events
-
BRIEF: Cheesecake Factory finally sets Tucson Mall opening date
-
Three trading opportunities in the restaurant sector
-
Cheesecake Factory Settles EEOC Suit in Case of Severe Same-Sex Sexual Harassment
-
Cheesecake Factory Settles Suit Alleging Same-Sex Harassment
-
Goldman Sachs Upgrades Cheesecake Factory To Buy (GS,CAKE)
-
MKM Partners Upgrades Cheesecake Factory CAKE to Buy
-
The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2009
-
The Cheesecake Factory Collects More Than 300,000 Cans of Soup to Support Feeding America and...
-
The Cheesecake Factory Selects Automatic to Launch a Revolutionary "4-D" Web Experience
-
Cheesecake's 2Q profit slips, traffic stabilizesCALABASAS HILLS, Calif. (Jul. 24, 2009)
-
Companies Strive Harder to Please
-
BRIEF-Raymond James raises Chipotle, cuts Buffalo Wild Wings
-
Cheesecake Factory opens at South Shore Plaza
News & Analysis
Filter by
cheesecake factory inc. and seeking alpha - All News and Analysis
The Cheesecake Factory, Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question comes from the line of Steven Kron with Goldman Sachs. Steven Kron – Goldman Sachs Hey guys. Question, I guess first on the guidance, Doug, just real quick. Does that include any additional cost-saves as you guys look to expand potentially on...
The Cheesecake Factory Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of John Glass with Morgan Stanley. John Glass - Morgan Stanley How much of the $22 million to $24 million in savings have you captured so far this year and can you talk -- is...
The Cheesecake Factory Inc., Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. Your first question comes from the line of John Glass with Morgan Stanley. John Glass – Morgan Stanley Doug, could you please repeat what you said about the pressure in the labor line this quarter relating to that one-time health benefit adjustment, and...
The Cheesecake Factory Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. And our first question comes from the line of John Glass with Morgan Stanley. Go ahead. John Glass - Morgan Stanley Thanks. Thanks very much. My question has to do with the growth infrastructure in the company, and related to that Doug, what's...
The Cheesecake Factory F3Q08 (Qtr End 9/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Steven Kron of Goldman Sachs. Steven Kron - Goldman Sachs A couple of questions, if I might, real quick -- I guess if I look at the numbers that you just reported and I look...
Earnings Preview: Cheesecake Factory
The Cheesecake Factory CAKE is expected to report Q3 earnings Thursday after the close with a conference call scheduled for 5:00 pm ET.Guidance Analysts are looking for a profit of 27c on revenue of $405.64M. The consensus range is 25c to 29c for EPS, and revenue of $395.4M to $410M,...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David Overton | Chief Executive Officer |
| Peter J. D'Amelio | President & COO, Restaurant Division |
| Russell Bendel | President and COO |
| Cheryl M. Slomann | Controller & Chief Accounting Officer |
| W. Douglas Benn | Executive Vice President & Chief Financial Officer |
| Debby Zurzolo | General Counsel, Executive Vice President & Secretary |
| Linda Candioty | Executive Vice President & Secretary |
| Mark C. Pratte | Executive Vice President, Restaurant Kitchen Operations |
| Brian MacKellar | Senior Vice President, Restaurant Construction Planning |
| Edwin T. Eynon | Senior Vice President, HR |
| Howard Gordon | Senior Vice President, Public Relations & Marketing |
| Keith Carango | Senior Vice President, Bakery Operations |
| Lisa McDowell | Senior Vice President, New Restaurant Openings & Operations |
| Ronald McArthur | Senior Vice President, Purchasing |
| Russell Greene | Senior Vice President, Deverage & Bakery Operations |
| Jack K. Belk | Reg Vice President, Restaurant Operations |
| Jill Peters | Vice President, Investor Relations |
| Wayne L. Jones | Reg Vice President, Restaurant Operations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Agnieszka Winkler | Board of Directors |
| Alexander L. Cappello | Board of Directors |
| Allen J Bernstein | Board of Directors |
| David Klock | Board of Directors |
| Jerome I. Kransdorf | Board of Directors |
| Karl Matthies | Board of Directors |
| Thomas L. Gregory | Board of Directors |
| Wayne H. White | Board of Directors |
David Overton has served as Chairman of the Board and Chief Executive Officer of The Cheesecake Factory Incorporated since its incorporation in February 1992. Mr. Overton co-founded The Cheesecake Factory Incorporated’s predecessor company with his parents.
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Chief Executive Officer | Current |
| The Cheesecake Factory Incorporated | Chairman of the Board | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | President & COO, Restaurant Division | Current |
| Grand Lux Cafe LLC | President & COO | Former |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | President and COO | Current |
| California Restaurant Association | Board of Directors | Current |
| Roy's Restaurants | President | Former |
| El Torito Restaurants, Inc. | Chief Operations Officer | Former |
| Panda Restaurant Group, Inc. | Chief Operations Officer | Former |
| OSI Restaurant Partners, Inc. | head of operations & joint venture partner, Outback Steakhouse | Former |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Controller & Chief Accounting Officer | Current |
| The Cheesecake Factory Incorporated | Chief Accounting Officer & Controller | Current |
W. Douglas Benn was appointed Chief Financial Officer in January 2009. Mr. Benn is a veteran of the restaurant industry having spent more than 20 years in management roles with restaurant companies. He most recently served as Executive Vice President and Chief Financial Officer of RARE Hospitality International, which owned LongHorn Steakhouse and The Capital Grille prior to the company’s sale to Darden Restaurants in October 2007. During his ten years with RARE, Mr. Benn helped grow the company to over 300 units and over $1 billion in annual revenues.
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Executive Vice President & Chief Financial Officer | Current |
| Rare Hospitality International, Inc. | Board of Directors | Current |
| Rare Hospitality International, Inc. | Executive Vice President, Finance & Chief Financial Officer | Former |
Debby R. Zurzolo was appointed Executive Vice President, Secretary and General Counsel in December 2003. Ms. Zurzolo joined our Company as Senior Vice President and General Counsel in April 1999. From 1982 until joining the Company, she practiced law at Greenberg Glusker Fields Claman & Machtinger LLP in Los Angeles, California. As a partner with that firm, Ms. Zurzolo represented our Company on various real estate matters and negotiated several of our restaurant leases.
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | General Counsel, Executive Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Executive Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Executive Vice President, Restaurant Kitchen Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, Restaurant Construction Planning | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, Public Relations & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, Bakery Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, New Restaurant Openings & Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, Purchasing | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Senior Vice President, Deverage & Bakery Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Reg Vice President, Restaurant Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Reg Vice President, Restaurant Operations | Current |
Agnieszka Winkler is a member of the Ascension Health Board of Trustees. She is the founder and Chairman of The Winkler Group, a management consultancy specializing in branding and marketing efficiency and effectiveness. Ms. Winkler received a bachelor?s degree from Holy Names University, Oakland, Calif., a master?s degree from San Jose State University, San Jose, Calif., and a MBA from Santa Clara University, Santa Clara, Calif. She currently serves on the Board of Directors of The Cheesecake Factory (NASDAQ), the Board of Trustees of Santa Clara University, and is Vice Chair of the Board of IPLocks. She also has served on the Boards of RenoAir, SuperCuts and Inter-Tel. Ms. Winkler is the author of Warp Speed Branding: The Impact of Technology on Marketing. She has received numerous marketing awards, including: Best Women in Advertising sponsored by McCall?s and ADWEEK; Ad Age?s 100 Best and Brightest Women in Marketing and Advertising; Ad Age?s 25 Women to Watch; and The International Directory of Distinguished Leadership.
| Organization | Position | Status |
|---|---|---|
| The Winkler Group | Founder | Current |
| Inter-Tel, Incorporated | Current | |
| The Winkler Group | Chairman | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| Santa Clara University | Board of Directors | Current |
| Iplocks, Inc. | Board of Directors | Current |
| Ascension Health, Inc. | Member of the Ascension Health Board of Trustees | Current |
| Santa Clara University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Cappello Capital Corp | Managing Director | Current |
| Inter-Tel, Incorporated | Current | |
| Advanced Biotherapy, Inc. | Current | |
| Biotherapy, Inc. | Chairman | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| Cappello Capital Corp | Board of Directors | Current |
| CytRx Corporation | Former | |
| University of Southern California | B.S. Degree in finance (awarded the prestigious Order | Former |
| Organization | Position | Status |
|---|---|---|
| Perkins Restaurants | Non-Executive Chairman | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| California State Polytechnic University | Current | |
| CompBenefits Corp. | Board of Directors | Current |
| Compbenefits Direct, Inc | Board of Directors | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| CompBenefits Corp. | CEO | Former |
| TA Associates, Inc. | Former | |
| The Goldman Sachs Group, Inc. | Former | |
| University of Central Florida | Chairman | Former |
| University of Illinois | Doctorate In Finance | Former |
| University of Illinois | M.S. | Former |
| Northeastern University | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Muriel Siebert & Co., Inc. | President | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| J&W Seligman Inc. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| Montgomery Securities | Member | Current |
| Montgomery Securities | Partner | Former |
| Montgomery Securities | Director of Research and Member | Former |
| Montgomery Securities | Head | Former |
| Banc of America Securities LLC | Former | |
| Stanford University | MBA | Former |
| Stanford Graduate School of Business | MBA | Former |
| Williams College | Former |
Thomas Gregory was elected a director of the company in November 1996. Mr. Gregory served as a director of Supercuts, Inc. from 1991 until Supercuts was acquired by a subsidiary of the company in 1996. He currently serves as a director of The Cheesecake Factory, Inc.
| Organization | Position | Status |
|---|---|---|
| Regis Corporation | Director | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| Food Service Inc. | Vice President | Former |
| Regis Corporation | Elected A Director | Former |
| Supercuts, Inc. | Director | Former |
Mr. White has served as a director since July 2003. From 1983 until his retirement in July 2002, Mr. White was an investment banker. Most recently, from 1996 until July 2002, Mr. White served as a member of the corporate finance department of Wells Fargo Securities. His duties included working on public and private offerings of equity, private placements of equity, merger and acquisitions, and the rendering of fairness opinions. Mr. White's specialties were leisure industry sectors, including casinos, casino suppliers and restaurants. Mr. White received his BS in political science from the University of Utah, and his law degree from Hastings College of the Law in San Francisco. Mr. White has been a member of the Board of Directors of The Cheesecake Factory, Incorporated since 1992.
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| The Cheesecake Factory Incorporated | Director | Former |
| Wells Fargo Securities | Board of Directors | Former |
| University of Utah | BS In Political Science | Former |
| Hastings College | Degree | Former |
| Hastings College of the Law | Degree | Former |
| Wells Fargo Securities | Member | Former |
Executive News
-
Cheesecake Factory Embarks on Drive Out Hunger Tour
-
The Cheesecake Factory Takes to the Road to Support Feeding America with the Drive Out Hunger Tour
Industry Transcripts by Seeking Alpha
-
Sanderson Farms Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about SAFM
-
The Kroger Company F3Q09 (Qtr End 11/7/09) Earnings Call Transcript
on Dec 08, 2009about KR
-
H. J. Heinz Company F2Q10 (Qtr End 10/28/09) Earnings Call Transcript
on Nov 24, 2009about HNZ
-
Hormel Foods Corporation F4Q09 (Qtr End 25/10/09) Earnings Call Transcript
on Nov 24, 2009about HRL
-
Campbell Soup Company F1Q10 (Qtr End 11/01/09) Earnings Call Transcript
on Nov 23, 2009about CPB
