An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.
Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.
Activist Urges Cheesecake Factory to Consider Breakup
An activist investor has built a position in Cheesecake Factory and is urging the restaurant operator to spin off three of its smaller brands into a separate public company, according to people familiar with the matter.
Investor wants Sam Fox restaurants spun out of Cheesecake Factory, report says
An activist investor thinks North Italia, Flower Child and Culinary Dropout would be better off combined as their own public company.
JCP urges Cheesecake to spin off three brands for growth
Activist investor JCP Investment Management has urged Cheesecake Factory to spin off three of its restaurant brands into a distinct public company, as reported by the Wall Street Journal. JCP, which holds a 2% stake in Cheesecake Factory,
Cheesecake Factory Stock Rises on Report Activist Urges Chain To Break Up
JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory and is pushing for the restaurant chain to break up.
JCP Investments pushing Cheesecake Factory to split off smaller brands, WSJ says
JCP Investments has accumulated a 2% stake in Cheesecake Factory (CAKE), urging its board to spin out its three brands, The Wall Street
Cheesecake Factory Shares Rise After WSJ Report of Activist Investor Stake
Shares of Cheesecake Factory rose after The Wall Street Journal reported an activist investor has built a position in the restaurant operator and is urging it to spin off three of its smaller brands.
Activist investor urges Cheesecake Factory to explore a potential split, WSJ reports
Houston-based activist investor JCP Investment Management is urging Cheesecake Factory to explore the possibility of creating a separate public company by spinning off three of its smaller brands, according to a report by the Wall Street Journal on Monday.
Activist investor JCP pushes for spin-off of some of Cheesecake Factory's brands: Report
CNBC's Becky Quick reports on the latest news.
Cheesecake Factory price target raised to $47 from $45 at BofA
BofA analyst Katherine Griffin raised the firm’s price target on Cheesecake Factory (CAKE) to $47 from $45 and keeps a Neutral rating on ...
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Houston investor and Pappas family member reportedly wants to shake up the Cheesecake Factory
"Red Robin is just the latest chain to find an activist in its midst as restaurants struggle to generate traffic and stock ...
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The Cheesecake Factory: The Different Ways To Create Value
And, what’s more, this strategy also allows for a steady increase in prices, which keeps comparable sales positive. Here’s how that’s played out for The Cheesecake Factory over the past few ...
Cheesecake Factory price target raised to $38 from $35 at Barclays
Barclays raised the firm’s price target on Cheesecake Factory (CAKE) to $38 from $35 and keeps an Underweight rating on the shares as ...
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Why Is Cheesecake Factory Inc (CAKE) Stock Surpassing 10.18% from Its 50-Day SMA?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 7.50% of ...
Dessert Day. Half Pay. Yes Way! The Cheesecake Factory Celebrates National Dessert Day With Half Price Desserts for Cheesecake Rewards Members
The Cheesecake Factory® is celebrating National Dessert Day with a special offer for Cheesecake Rewards® members that’s ...