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.
Cheesecake Factory Shakeup: The Activist Plan That Could Unlock a Lot of Value
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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 prices reflect that." The Cheesecake Factory opened its first restaurant in 1978 in Beverly Hills, Calif., and now has six ...
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.
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.
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 Cheesecake Factory Inc (CAKE)’s shares, while financial institutions hold 92.97%.
Cheesecake Factory Stock Climbs After Journal Report on Activist Stake
Shares of Cheesecake Factory (CAKE) rose more than 3% in premarket trading after The Wall Street Journal reported that an activist investor is urging the restaurant operator to consider a breakup. Rea
Cheesecake Factory up 3% at $43.78 after WSJ report of JCP Investments stake
EDT Cheesecake Factory (CAKE) up 3% at $43.78 after WSJ report of JCP Investments stake Published first on TheFly – the ultimate
Stocks to Watch: Cheesecake Factory, Flexsteel Industries, Simpson Manufacturing
Flexsteel Industries raised its fiscal-year outlook as it posted higher sales and profit in its fiscal first quarter. The furniture company reported a profit of $4.1 million on revenue of $104 million,
Stocks to Watch Tuesday: Cheesecake Factory, General Motors, 3M
An activist investor has built a position in the restaurant operator and wants it to spin off three of its smaller brands into a [separate public company](
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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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 ...
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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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CAKE Unveiled: The Shocking Truth Behind Cheesecake Factory Inc’s Latest Stock Movements
On Wednesday, Cheesecake Factory Inc (CAKE) stock saw a modest uptick, ending the day at $41.76 which represents a slight increase of $1.17 or 2.88% from the prior close of $40.59. The stock opened at ...