May 2, 2008

Cheesecake Factory Reporting Shorter Wait Times And Smaller Check Sizes Than Last Month

Cheescake Factory restaurants are reporting shorter wait times and smaller checks on average compared to last month. Tickermine interviewed employees of twenty-four Cheesecake Factory restaurants and found that the average wait time was less than 10 minutes for seventeen (71%) respondents. Twenty-one (87%) restaurants reported that the average check size for a party of two is between $20 and $50. Three (12%) restaurants reported the average check size over $50. Asked about their most popular dishes, employees reported a variety of entrees including Baja Chicken Tacos (8%), Chicken Madeira (12%) and Maple Bourbon Pork Tenderloin (8%). Twelve (50%) restaurants reported various chicken entrees as the most popular dishes and seven (30%) reported burgers and sandwiches as the most popular dish. Seventeen (71%) restaurants were surveyed between 10am and 3pm. Seven (29%) were surveyed between 3pm and 10pm.

This TickerMine report was published on April 9th, roughly two weeks before The Cheesecake Factory reported one of its worst quarters ever. This survey was the fourth consecutive published on TickerMine that showed increasingly short wait times and smaller average check sizes.

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