The Cheesecake Factory Inc

CAKE: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Cheesecake Factory Delivers Decent 4Q; With Right Recipe, Firm Is Well Positioned for Growth

Zoe Tan , RJ Hottovy

Feb 11, 2011

Cheesecake Factory's CAKE fourth-quarter results reflected healthy guest traffic and continued margin improvements, affirming our view that the firm's nimble approach in adapting its menu items to changing consumer preferences will serve it well. Results were in line with our expectations, and we are maintaining our fair value estimate.

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The Cheesecake Factory Inc

Cheesecake Factory Delivers Decent 4Q; With Right Recipe, Firm Is Well Positioned for Growth

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