Porto Rico Importing: Hybrid Coffee Bean Business Thriving In Greenwich Village For Over A Century [Forbes]
The Cheesecake Factory Incorporated (CAKE)
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm
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Source: Forbes
The window of Porto Rico Importing Co. in Greenwich Village proudly states, established in 1907, or 117 years ago. And this leading coffee bean roaster functions as a hybrid business including operating three retail stores, an ecommerce site, and as a wholesaler supplying numerous New York City restaurants and markets. Its three retail stores include the original on Bleecker Street, St. Marks Place in the East Village and Essex Market on the Lower East Side. Owner Peter Longo's father bought it from the original owner in 1961, and he took over from his father in 1973. It actually opened as a bakery back at the turn of the century, but gradually the “loose coffee beans and loose tea leaves” prevailed, he says. Three Revenue Streams Of its three revenue streams, Longo says ecommerce sales generate about 45% of its revenue, 35% retail business, and 20% wholesale. “It's like a three-legged stool where one compliments the other,” he states. For example, it uses its two annual sale
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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