Focus: Denny's faces proxy vote over pig gestation crate pledge [Reuters]
The Cheesecake Factory Incorporated (CAKE)
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm
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Source: Reuters
The Humane Society of the United States, a shareholder in Denny's, filed the proposal ahead of the diner chain's May 15 annual investor meeting. The proposal has been backed by Institutional Shareholder Services, an influential proxy advisory firm which often guides how shareholders vote on hot-button issues. The ISS said this is the first time Denny's had received a proposal regarding disclosing the percentage of group-housed pork in its supply chain, and phasing out gestation crates. The ISS said it conducted an analysis that found that Denny's lags five rivals, including Cracker Barrel and IHOP parent company Dine Brands, by failing to clearly lay out steps it is taking to reduce its reliance on pork suppliers that use gestation crates. According to ISS, Denny's has used exceptions in its language to “significantly weaken” transparency around its commitment to phase out gestation crates from its supply chain. Known for its inexpensive breakfast menu, Denny's in 2012 pledge
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News
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) had its price target raised by analysts at Bank of America Co. from $39.00 to $43.00. They now have a "neutral" rating on the stock.MarketBeat
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) had its price target raised by analysts at Stephens from $44.00 to $50.00. They now have an "overweight" rating on the stock.MarketBeat
- New Data Shows 89% of Cage-Free Egg Commitments Are Fulfilled by Food Corporations [Yahoo! Finance]Yahoo! Finance
- Cheesecake Factory (NASDAQ:CAKE) Is Paying Out A Dividend Of $0.27 [Yahoo! Finance]Yahoo! Finance
- The Cheesecake Factory Incorporated (NASDAQ:CAKE) Released Earnings Last Week And Analysts Lifted Their Price Target To US$38.19 [Yahoo! Finance]Yahoo! Finance
CAKE
Earnings
- 5/8/24 - Beat
CAKE
Sec Filings
- 5/15/24 - Form 4
- 5/14/24 - Form 144
- 5/8/24 - Form 10-Q
- CAKE's page on the SEC website