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Same Store Sales %, also known as comparable-store sales, is the most important financial metric for restaurant operators to evaluate the performance of existing stores. It is the percentage growth of the average sales per store from the previous period to current period.
A positive number indicates that more sales were generated in the same store compared with the previous period, meaning demand is growing, while a negative number indicates the opposite.
Cheesecake Factory's Same Store Sales % for the quarter that ended in Mar. 2023 was 5.70% , which is higher than 2.00% for the pervious quarter ended in Dec. 2022.
Cheesecake Factory's Same Store Sales % for the annual that ended in Dec. 2022 was 7.00% , which is lower than 44.00% for the pervious year ended in Dec. 2021.
The historical rank and industry rank for Cheesecake Factory's Same Store Sales % or its related term are showing as below:
The historical data trend for Cheesecake Factory's Same Store Sales % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Restaurants subindustry, Cheesecake Factory's Same Store Sales %, along with its competitors' market caps and Same Store Sales % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cheesecake Factory (NAS:CAKE) Same Store Sales % Explanation
Same Store Sales %, also known as comparable-store sales, is the most important financial metric for restaurant operators to evaluate the performance of existing stores. It is the percentage growth of the average sales per store from the previous period to current period.
A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand demand is growing, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.
For restaurants, same-store sales can be improved by two factors: average ticket size and customer traffic. If each customer buys more on average, the average ticket size will increase. If more customers are buying from the store, the number of tickets will increase.
Thank you for viewing the detailed overview of Cheesecake Factory's Same Store Sales % provided by GuruFocus.com. Please click on the following links to see related term pages.
Adam S. Gordon | director | 26901 MALIBU HILLS ROAD, CALABASAS CA 91301 |
Khanh Collins | director | 22825 QUEENSBRIDGE DRIVE, ASHBURN VA 20148 |
Paul D. Ginsberg | director | C/O ROARK CAPITAL, 1180 PEACHTREE STREET NE, SUITE 2500, ATLANTA GA 30309 |
Rc Cake Holdings Llc | 10 percent owner | 1180 PEACHTREE STREET NE, SUITE 2500, ATLANTA GA 30309 |
Janice L. Meyer | director | 26901 MALIBU HILLS ROAD, CALABASAS CA 91301 |
Scarlett May | officer: EVP, General Counsel | 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301 |
Keith Carango | officer: President (Subsidiary) | 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301 |
Edie A Ames | director | C/O MORTONS RESTATURANT GROUP, INC., 325 LASALLE STREET, SUITE 500, CHICAGO IL 60610 |
Doug Benn | officer: Executive VP, CFO | C/O INNOVATIVE RESTAURANTS CONCEPT INC, 1640 POWERS FERRY RD BLDG 2 STE 300, MARIETTA GA 30067-9400 |
David M Gordon | officer: President | C/O THE CHEESECAKE FACTORY INCORPORATED, 26901 MALIBU HILLS DRIVE, CALABASAS HILLS CA 91301 |
Douglas L Schmick | director | 720 SW WASHINGTON STREET, SUITE 550, PORTLAND OR 97205 |
Laurence B Mindel | director | IL FORNAIO AMERICA CORP, 770 TAMAPAIS DR STE 400, CORTE MADERA CA 94925 |
Herbert Simon | director | 115 W WASHINGTON ST, INDIANAPOLIS IN 46204 |
Michael E Jannini | officer: President | C/O 26901 MALIBU HILLS DRIVE, CALABASAS HILLS CA 91301 |
David Bruce Pittaway | director | 150 E 58TH ST, STE 3700, NEW YORK NY 10155 |
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