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Barack Obama's joke comparing Donald Trump's gilded White House to a Cheesecake Factory has become a midterm row, just as the chain posted a record quarter. Speaking in Cleveland on Saturday, Obama said Trump had the White House "looking like Saddam Hussein opened a Cheesecake Factory." Trump, the White House's X account, and Treasury Secretary Scott Bessent hit back. Bessent ate lunch at a Cheesecake Factory on Monday. The company reported third-quarter revenue up 14% to $1.03 billion, from $907.2 million a year earlier. Comparable sales rose 15.2%, and adjusted earnings of $1.02 a share beat forecasts. The chain has not commented on Obama's remark.

Cheesecake Factory Third Quarter Revenue Growth and Earnings 2026. Cheesecake Factory Third Quarter Revenue Growth and Earnings 2026: profit hit $61.3 million as comparable restaurant sales rose 15.2%. Oct 28, 2026 - 03:47 Listen This News Article Cheesecake Factory Third Quarter Revenue Growth and Earnings 2026 point to a strong period for the restaurant operator. The company posted higher revenue in the third quarter. A double digit rise in comparable restaurant sales at its namesake brand drove the gain. The report was covered by The Wall Street Journal. Cheesecake Factory Third Quarter Revenue Growth and Earnings 2026 highlights. The restaurant operator reported its results on Tuesday. Third quarter profit reached $61.3 million. That works out to $1.19 a share. A year earlier, the company reported a profit of $31.9 million, or 66 cents a share. The latest figure is therefore close to double the prior year level. Put simply, profit climbed by roughly 92% from a year earlier. Earnings per share rose about 80% over the same span. Both are large jumps for a single quarter. Cheesecake Factory comparable restaurant sales lead the way. Namesake restaurants were the main engine of growth. Comparable restaurant sales climbed 15.2% at Cheesecake Factory locations. Comparable sales measure results at venues that have been open for a set period. They remove the effect of new openings. That makes the metric a useful gauge of underlying demand. A gain of this size is notable in the restaurant industry. Investors often use this figure to judge how well a brand is attracting guests. For the namesake brand, a 15.2% rise points to healthy interest from diners. The article describes the increase as double digit. Fox Restaurant Concepts acquisition adds to quarterly financial results. The latest quarter's results include an income item of $12.9 million. It relates to the company's 2019 acquisition of Fox Restaurant Concepts. Readers comparing the two quarters should note that this item is part of the latest figure. The full earnings materials should explain how it affects the comparison. The 2019 deal brought Fox Restaurant Concepts into the company's portfolio. Its impact on this quarter is now part of the earnings story. Investors may want to track it in future reports. CAKE stock earnings and market reaction. Shares of the company trade under the ticker CAKE. On the day shown in the report, the stock was down 1.51%. That move came alongside strong quarterly numbers. The article does not say what drove it. Share price changes on a single day can reflect many factors. Investors may want to read the full earnings materials for more detail. What the Cheesecake Factory restaurant performance means. The results show a clear step up from last year. Profit nearly doubled. Revenue rose. Namesake restaurants delivered double digit comparable sales growth. For a well known casual dining name, that is a meaningful signal. The Cheesecake Factory Q3 2026 earnings also show how acquisitions can shape reported results. The Fox Restaurant Concepts item is one example. Strong restaurant sales and an acquisition related income item both feature in the headline numbers. Looking ahead, the market will watch whether the sales momentum holds. Further details on the quarter are available in the full report. Readers who follow restaurant news can also explore this separate restaurant news story.

Cheesecake Factory reported third-quarter revenue of $1.033 billion, above the high end of its prior range. Adjusted earnings per share were $1.02, and adjusted EBITDA rose 38% to $98.7 million. The core brand's comparable sales grew 15.2%, including 9.5% traffic growth. Restaurant-level margin rose to 18.7%. Flower Child comparable sales rose 11%, and the company plans 11 to 13 openings there next year. North Italia struggled, with comparable sales down 3% and mature margin falling to 13.2% from 15.7%. The company expects fourth-quarter revenue of $1.04 billion to $1.05 billion. For fiscal 2027, it targets about $4.425 billion in revenue and up to 27 new restaurants.