Activist investor JCP Investment Management has taken a 2% stake in The CheesecakeFactory (CAKE). According to the Wall Street Journal, JCP is urging the restaurant chain to spin off several of ...
The CheesecakeFactory's value proposition lies in its extensive and rotating menu, which drives repeat visits and supports positive comparable sales despite industry-wide traffic declines.
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 ...
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