{
  "url": "https://struct.news/briefs/cheesecake-factorys-1-billion-test-is-traffic-not-just-pricing",
  "title": "Cheesecake Factory’s $1 Billion Test Is Traffic, Not Just Pricing",
  "summary": "Customer traffic rose 2.7% alongside a 3.1% increase in average check, giving the restaurant more than menu hikes to work with.",
  "published_at": "2026-08-03T21:07:25.499458+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "The Cheesecake Factory Incorpor",
    "ticker": "CAKE",
    "cik": "1104659",
    "sector": "Consumer Cyclical",
    "industry": "Restaurants"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-03",
    "accession": "0001104659-26-089840",
    "url": "https://www.sec.gov/Archives/edgar/data/887596/000110465926089840/cake-20260630x10q.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/887596/000141057825001564/cake-20250701x10q.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 3751806000,
      "display": "$3.8B",
      "unit": "usd",
      "period": "2025-12-30",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-089840",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 4.749338233056433,
      "display": "+4.7%",
      "unit": "percent",
      "period": "2025-12-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-089840",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 4.99186258564542,
      "display": "+5.0%",
      "unit": "percent",
      "period": "2025-12-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-089840",
        "filing_date": "2026-08-03"
      }
    }
  ],
  "watch_next": [
    {
      "type": "input_costs",
      "statement": "Cost of sales rose as a share of revenue because meat, produce, and seafood costs increased, while labor expense as a share of revenue declined.",
      "importance": "medium",
      "evidence": "As a percentage of revenues cost of sales were 21.8% and 21.6% in the second quarters of fiscal 2026 and 2025, respectively, primarily due to higher meat, produce and seafood costs (0.7%), partially offset by lower dairy pricing (0.4%) Labor Expenses",
      "source_date": "2026-08-03"
    }
  ],
  "related_tickers": [
    "CAKE"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}