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The Cheesecake Factory Incorporated Company profile

About Cheesecake Factory Inc

The Cheesecake Factory Incorporated is an experiential dining company. The Company is focused on hospitality. The Company's segments include The Cheesecake Factory, North Italia and the other FRC brands. The Company's Cheesecake Factory menu features approximately 250 items and menu offerings include appetizers, pizza, seafood, steaks, chicken, burgers, small plates, pastas, salads, sandwiches and omelets. Its North Italia menu features appetizers, salads, fresh pastas, pizzas and entrees. Its Fox Restaurant Concepts (FRC) operates as an independent subsidiary in Phoenix, Arizona. FRC's lead concept Flower Child, operates in the fast casual dining segment, offering a customizable menu. Its other FRC concepts include Culinary Dropout and Blanco, which together with the other FRC brands, serve as an ecosystem for talent, menu and design development. It owns and operates approximately 294 restaurants throughout the United States and Canada.

Financial summary

BRIEF: For the fiscal year ended 28 December 2021, Cheesecake Factory Inc revenues increased 48% to $2.93B. Net income applicable to common stockholders totaled $49.1M vs. loss of $277.1M. Revenues reflect The Cheesecake Factory Restaurants segment increase of 45% to $2.29B, Other FRC segment increase of 88% to $182.2M, Other segment increase of 41% to $280.2M.

Equity composition

Common Stock $.01 Par, 03/11, 250M auth., 85,234,796 issd., less 26,953,224 shs. in Treas. @ $608.9M. Insiders & strategic holders own 6.74%. IPO 9/92, 2,334,715 shares @ $20 by Montgomery Secs. PO 1/94, 1.24M shares (800K by Co.) @ $35 by Montgomery Securities. PO 12/97, 2.3M shares @ $27 by NationsBanc Montgomery Secs.