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.
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.
Report: Pappas family heir calls for business revamp of Cheesecake Factory
James Pappas, the son of Houston restaurant mogul Chris Pappas, is looking to revamp one of America's most recognizable restaurants. According to a Tuesday report by the Wall Street Journal, the Pappas family heir acquired a stake in the popular Cheesecake Factory brand and already has big ideas.
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 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. The stock gained 3.8% to $44.08 in after-hours trading Monday and ended the regular session down 1.3% at $42.45. The stock is up 21% this year.
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,
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 (NASDAQ:CAKE) Stock Rating Reaffirmed by Stephens
Cheesecake Factory (NASDAQ:CAKE – Get Free Report)‘s stock had its “overweight” rating reaffirmed by stock analysts at Stephens in a report released on Tuesday, Benzinga reports. They currently have a ...
Buy Rating on The Cheesecake Factory Based on Growth Potential of Emerging Brands
Cheesecake Factory (CAKE – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst ...
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Cheesecake activist reportedly urges company split
JCP suggests spinning off North Italia, Flower Child, and Culinary Dropout into separate publicly traded company ...
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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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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 (CAKE) Receives a Sell from Morgan Stanley
Morgan Stanley analyst Brian Harbour maintained a Sell rating on Cheesecake Factory (CAKE – Research Report) today and set a price target ...
Copycat Cheesecake Factory Louisiana Chicken Pasta Recipe
Enjoy a Cheesecake Factory dinner in your own kitchen with this copycat Louisiana chicken pasta recipe, where crispy, breaded ...