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Cheesecake Factory

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BUSINESS
April 25, 2009 | Tom Petruno
Some Americans' answer to the recession blues: Eat more cheesecake -- or at least don't eat a lot less. Shares of Cheesecake Factory Inc. rocketed 19% on Friday after the Calabasas Hills-based restaurant chain late Thursday reported better-than-expected first-quarter sales and earnings. Same-store sales were down 3.4% compared with a year earlier, but that was far better than the 6% decline that analysts, on average, had expected.
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BUSINESS
February 9, 2014 | By Stuart Pfeifer
People like rich, tasty food - and sweet, smooth desserts. That's a recipe the Cheesecake Factory Inc. has been following for more than three decades. The company's roots can be traced to the home kitchen of Evelyn Overton, who ran a small baked goods business from the family home in Detroit in the 1940s. She and her husband, Oscar, later moved to California to launch a bakery. In 1978, their son, David, opened the first Cheesecake Factory restaurant in Beverly Hills. "I didn't know what I was doing," David Overton told The Times in a 2011 interview.
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BUSINESS
June 24, 2012 | By Aida Ahmad, Los Angeles Times
The gig: David Overton, 66, is founder and chief executive of Cheesecake Factory Inc., based in Calabasas Hills. The publicly traded restaurant company has about 170 eateries, and last year it earned a profit of $95.7 million on sales of $1.8 billion. Last week Overton was named a regional entrepreneur of the year by Ernst & Young. Humble beginnings: In the 1970s his parents started a food business in Detroit, specializing in cheesecakes. "My mother got her cheesecake recipe out of the newspaper," Overton said.
ENTERTAINMENT
October 25, 2013 | By Mikael Wood
Their debut album entered the chart this month at No. 6. In England the record sold more copies than the latest by Justin Timberlake. Reviews have been nearly uniformly ecstatic, as has praise from fellow artists such as Katy Perry and Mumford & Sons. To the uninitiated, Haim's success might resemble the overnight variety. But the L.A. group - built around a trio of sisters - played its first show in 2007. Before that, the siblings performed in a band with their parents, doing Beatles and Prince covers at school functions and church fairs.
BUSINESS
August 16, 2006 | Jerry Hirsch, Times Staff Writer
Cheesecake Factory Inc. told investors Tuesday not to rely on its previous financial statements for this year, and possibly several years back. The Calabasas-based restaurant chain also announced that its quarterly financial report would be delayed for a second time. Cheesecake Factory did not provide an expected date for the release of its restated financial results. The announcement arose from the company's continuing review of stock-option granting practices to employees.
BUSINESS
October 20, 2004 | From Reuters
Cheesecake Factory Inc. on Tuesday said quarterly net income, excluding a lawsuit-related reserve, fell slightly even as an increase in the number of its namesake restaurants helped offset the effect of severe weather in the Southeast. The Calabasas company said earnings for the third quarter ended Sept. 28 fell to $12.8 million, or 24 cents a share, from $14.4 million, or 28 cents, a year earlier. Excluding a reserve of $4.
BUSINESS
November 5, 1996
Cheesecake Factory Inc., the Calabasas restaurant operator, reported a 28% drop in its third-quarter earnings, due partly to the costs of opening large restaurants in "premier" locations and a new bakery production facility. The company's profit for the three months ending Sept. 29 was $1.72 million, compared with earnings of $2.39 million a year earlier. Its revenue rose 44%, to $42.2 million from $29.4 million. For the nine months, Cheesecake Factory earned $5.
BUSINESS
February 9, 2014 | By Stuart Pfeifer
People like rich, tasty food - and sweet, smooth desserts. That's a recipe the Cheesecake Factory Inc. has been following for more than three decades. The company's roots can be traced to the home kitchen of Evelyn Overton, who ran a small baked goods business from the family home in Detroit in the 1940s. She and her husband, Oscar, later moved to California to launch a bakery. In 1978, their son, David, opened the first Cheesecake Factory restaurant in Beverly Hills. "I didn't know what I was doing," David Overton told The Times in a 2011 interview.
BUSINESS
September 26, 2003 | Karen Robinson-Jacobs, Times Staff Writer
Fourteen months after taking over as president and chief operating officer of the Cheesecake Factory restaurants, Michael P. Berry resigned to "pursue other interests," the company said Thursday. The restaurant unit is the largest division at Calabasas Hills-based Cheesecake Factory Inc. The casual dining chain, known for its oversize portions and textbook-sized menu, grew from 55 units to the current 66 under Berry.
BUSINESS
June 15, 2013 | By Tiffany Hsu
The Cheesecake Factory is at once an ostentatious den of dining and decorative excess as well as a homespun throwback to family tradition. Witness the florid murals and French-inspired checked floors, the dozens of cheesecakes in sumptuous flavors such as white chocolate caramel macadamia and the calorie-laden dishes that regularly land the chain on extreme eating lists. But behind the extravagant menu and interior design, there's a classically American story involving an entrepreneurial housewife and a cheesecake tweaked from a newspaper recipe.
NEWS
January 17, 2013 | By Paul Whitefield
If we truly are what we eat, then please, please, don't let me be the Cheesecake Factory's bistro shrimp pasta dish. Nor, for that matter, IHOP's country-fried steak and eggs combo, Johnny Rockets' bacon cheddar double burger, Uno Chicago Grill's deep-dish macaroni and three-cheese dish, Smoothie King's Peanut Power Plus Grape Smoothie or Maggiano's Little Italy's chocolate zuccotto cake. Why? Well, start with this: The Cheesecake Factory dish, which you wouldn't think would be too unhealthful -- crispy battered shrimp, mushrooms, tomato, arugula and basil-garlic-lemon cream sauce -- comes in at a whopping 3,120 calories and 89 grams of saturated fat. Wanna wash it down with that Smoothie King smoothie?
NEWS
August 7, 2012
GINORMOUS BUFFET Caesars Palace in Las Vegas plans to open the $17-million 25,000-square-foot Bacchanal Buffet in September, serving more than 500 items from nine show kitchens designed by Japanese firm Super Potato. [Pulse of Vegas] CHEESE, PLEASE The cheese industry faces the challenge of coming up with cheeses lower in salt and fat that people will like. [ New York Times ] CURIOSITY COOKIE The Mars rover Oreo . [Twitter] BIG CHAINS Can health care take a cue from the Cheesecake Factory ?
BUSINESS
June 24, 2012 | By Aida Ahmad, Los Angeles Times
The gig: David Overton, 66, is founder and chief executive of Cheesecake Factory Inc., based in Calabasas Hills. The publicly traded restaurant company has about 170 eateries, and last year it earned a profit of $95.7 million on sales of $1.8 billion. Last week Overton was named a regional entrepreneur of the year by Ernst & Young. Humble beginnings: In the 1970s his parents started a food business in Detroit, specializing in cheesecakes. "My mother got her cheesecake recipe out of the newspaper," Overton said.
BUSINESS
April 25, 2012 | By Andrea Chang
A minute and a half isn't a lot of time, but for 11 local entrepreneurs, 90 seconds was all they had to pitch their start-up ideas to a panel of judges Tuesday. More than 175 start-ups applied to participate in the 7th  annual Fast Pitch Competition, held at UCLA's Anderson School of Management and hosted by angel investor group Tech Coast Angels. Eleven finalists were asked to compete. Among the finalists were a digital platform for making friends offline, a restaurant rewards loyalty program and an online classified marketplace.
NEWS
April 10, 2012 | By Rosie Mestel, Los Angeles Times / For the Booster Shots blog
It's really not fair. Lucky residents of Britain can now buy a Pizza Hut pizza with a crust stuffed with a hot dog.  And it comes with a "free" mustard drizzle! It's grosser than the cheese-stuffed crust pizza we get in this country, though not as gross, I'd argue, as a vegetarian pizza I once got in Britain that was just a crust topped with those canned cubed vegetables. Here it is on the British menu ! I am going over there in a few weeks, and now I know what one of my meals won't be. An item over at Time asks us to soul-search how this fair nation can “redeem its title as most unhealthy country?
NEWS
July 19, 2011 | By Amina Khan, Los Angeles Times / for the Booster Shots blog
Your burger has lettuce, so it must be healthy, right? A strawberry milkshake has fruit doesn't it? The Center for Science in the Public Interest's 2011 Xtreme Eating Awards are out, and they're serving up a healthy serving of reality (perhaps a little heavy on the snark) on some of the top offenders in American restaurants. If there's a theme, it seems to be centered on the meat and dairy - featuring a built-in-bacon burger from IHOP (1,250 calories plus two days' worth of saturated fat)
NEWS
June 1, 2010 | Jeannine Stein, Los Angeles Times
Hold on to your stomachs—the Center for Science in the Public Interest has come out with its Xtreme Eating awards, giving dubious honors to restaurant fare that maxes out on fat and calories. Among the winners (or should that be losers?) is the pasta carbonara at Cheesecake Factory; when served with chicken this dish comes in at 2,500 calories and 85 grams of saturated fat. Also on the list is the New Zealand rack of lamb at Outback Steakhouse. The lamb alone (no sides) is 1,300 calories and 60 grams of saturated fat, plus 1,340 milligrams of sodium (recommended daily allowance of sodium is from 2,400 milligrams for a healthy adult, although some health experts think it should be far lower)
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