Earnings Call Summary | Cheesecake Factory(CAKE.US) Q1 2024 Earnings Conference
Earnings Call Summary | Cheesecake Factory(CAKE.US) Q1 2024 Earnings Conference
The following is a summary of the The Cheesecake Factory Incorporated (CAKE) Q1 2024 Earnings Call Transcript:
以下是芝士蛋糕工廠公司(CAKE)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
The Cheesecake Factory reported robust Q1 results with total revenues of $891 million, providing a significant 20% year-over-year increase in adjusted earnings per share.
The company achieved a consolidated 4-wall margin of 15%, and an adjusted net income margin of 4% for the quarter.
Effective cost management contributed to savings in areas like supply chain management and to-go supplies, even though general and administrative spending saw an increase due to non-core spending and legal settlements.
芝士蛋糕工廠公佈了強勁的第一季度業績,總收入爲8.91億美元,調整後的每股收益同比大幅增長20%。
該公司的合併四面牆利潤率爲15%,調整後的本季度淨收入利潤率爲4%。
儘管由於非核心支出和法律和解,一般和行政支出有所增加,但有效的成本管理有助於在供應鏈管理和外出供應等領域節省開支。
Business Progress:
業務進展:
The company outperformed in both comparable sales and traffic, demonstrating their successful market penetration strategy.
Expansion efforts resulted in the opening of 5 new restaurants, including two North Italian restaurants, two FRC restaurants, one Cheesecake Factory in Asia, and a Flower Child location.
Through the Cheesecake Rewards program, the company is effectively working on boosting the customer engagement and membership enrollment.
With a focus on enhancing guest experience, the company's ongoing Kitchen Display System rollout at Flower Child has improved dine-in and off-premise operations.
The company has demonstrated their successful workforce management through maintained retention levels at both the hourly and management level.
該公司的可比銷售額和流量均跑贏大盤,這表明了其成功的市場滲透策略。
擴張努力促成了5家新餐廳的開業,包括兩家意大利北部餐廳、兩家FRC餐廳、一家位於亞洲的芝士蛋糕工廠和一家Flower Child分店。
通過芝士蛋糕獎勵計劃,該公司正在有效地提高客戶參與度和會員註冊率。
該公司以改善賓客體驗爲重點,正在Flower Child推出的廚房展示系統改善了堂食和場外運營。
該公司通過保持每小時和管理層的留存率來證明其成功的員工隊伍管理。
More details: Cheesecake Factory IR
更多詳情: 芝士蛋糕工廠 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。