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-0.000776799585706917 0 -0.00673226307612649 -0.0124287933713103 -0.00310719834282767 -0.0290005178663906 -0.0152770585189022 -0.0196789228379079
Stock impact report

Cheesecake Factory stock climbs after Roark Capital invests $200 million [MSNBC.com]

The Cheesecake Factory Incorporated (CAKE) 
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thecheesecakefactory.com
Company Research Source: MSNBC.com
Key PointsA cheesecake sits on a display case at a Cheesecake Factory restaurant.Patrick T. Fallon | Bloomberg | Getty ImagesThe restaurant chain has struggled as"This transaction not only meaningfully enhances our liquidity position to navigate the near-term Covid-19 landscape and get our affected staff members back to work as soon as practicable, but also importantly, solidifies our ability to manage the business for the long-term," Cheesecake Factory Chairman and CEO David Overton said ina statementCheesecake Factory operates nearly 300 restaurants in the U.S. and Canada, including those with its North Italia and Fox Restaurant Concept brands. It hastemporarily closed 30 restaurantsThe company gavea preliminary updateThe update follows anSEC filingRoark Capital specializes in investing in franchised and multi-unit restaurant businesses. The Atlanta-based private-equity firm currently has investments in franchises that include Arby's, Carvel Ice Cream and Jimmy John's. Roark Capital Show less Read more
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