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.
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.
Denny’s and Shari’s closures, Cheesecake Factory activist, Mo’ Bettahs
The family-dining closures continue at Shari’s Restaurants, which has closed all 42 of its locations in Oregon. The family-dining chain has been struggling under the weight of mounting financial difficulties, including allegations of unpaid rent and taxes, as well as eviction notices and lawsuits.
Cheesecake Factory Stock Gains 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 Inc (CAKE) Stock: Greater Than Its Current Valuation?
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 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 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 Shares Spike on Activist Investor’s Push for a Breakup
Shares of Cheesecake Factory ($CAKE) are trending up nearly 5% in pre-market trading this morning following an activist investor’s push for a
Cheesecake Factory gains after report activist pushing for breakup
Cheesecake Factory stock rises 5% in after-hours trading as activist investor pushes for spin-off of smaller brands.
Hosted on MSN11mon
Cincinnati malls are dying. How is Kenwood Towne Centre thriving?
Their (Kenwood's) lifeblood is to bring in more ... The economic analysis group found that 93% of loans backed by malls with the Cheesecake Factory, for example, are up-to-date on their payments ...
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 ...
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 ...
Seeking Alpha25d
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.
Yahoo Finance9d
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 ...