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 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.
Houston investor and Pappas family member reportedly wants to shake up the Cheesecake Factory
An activist investor and son of a co-founder of Pappas Restaurants is reportedly calling for change at the Cheesecake Factory. James Pappas' JCP Investment Management has acquired about 2% of the California-based restaurant chain, according to a ...
Activist investor pushes Cheesecake Factory to spin off smaller brands
JCP Investment Management believes North Italia, Flower Child and Culinary Dropout would grow faster as a separate company, the Wall Street
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
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.
Houston investor wants Sam Fox restaurants spun out of Cheesecake Factory, report says
A Houston-based activist investor wants to break up The Cheesecake Factory to spin out three restaurants it acquired in 2019.
Tasting Table on MSN3d
The Too-Sweet Cheesecake Slice You Should Never Order At The Cheesecake Factory
It's hard to go wrong when ordering a slice of cheesecake at the Cheesecake Factory - and most of the time, you won't.
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 ...
Yahoo Finance10d
The Cheesecake Factory Incorporated (CAKE)
Activist investor JCP Investment Management has taken a 2% stake in The Cheesecake Factory (CAKE). According to the Wall Street Journal, JCP is urging the restaurant chain to spin off several of ...
Seeking Alpha26d
The Cheesecake Factory: The Different Ways To Create Value
The Cheesecake Factory's value proposition lies in its extensive and rotating menu, which drives repeat visits and supports positive comparable sales despite industry-wide traffic declines.
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 ...
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 ...