<span item_type="fundamental" item_id="12c3c75e50fee625c9b12db969c0692e" counter_id="ST/US/CAKE" env="prod"></span><span item_type="announcement" item_id="578824521270757889" env="prod"></span><p>營收：截至 2025 財年 Q3，公佈值為 9.07 億美元，市場一致預期值為 9.13 億美元，不及預期。</p><p>每股收益：截至 2025 財年 Q3，公佈值為 0.66 美元，市場一致預期值為 0.6063 美元，超過預期。</p><p>息税前利潤：截至 2025 財年 Q3，公佈值為 37.73 百萬美元。</p><p></p><h3>財務指標按部門劃分</h3><h4>收入</h4><ul><li><strong>The Cheesecake Factory Restaurants</strong>: 收入為 $651.4 百萬，同比增長 0.6%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>North Italia</strong>: 收入為 $83.5 百萬，同比增長 16.1%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>Other FRC</strong>: 收入為 $78.0 百萬，同比增長 16.5%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>總收入</strong>: $907.2 百萬，同比增長 4.8%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul><h4>營運指標</h4><ul><li><strong>淨收入</strong>: $31.9 百萬，同比增長 6.4%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>毛利率</strong>: 21.8%，去年同期為 22.6%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>營業利潤</strong>: $37.3 百萬，同比增長 10.6%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>營業利潤率</strong>: 4.1%，去年同期為 3.9%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>營業成本</strong>: $869.9 百萬，同比增長 4.6%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul><h4>現金流</h4><ul><li><strong>經營活動現金流</strong>: $226.4 百萬，同比增長 $52.1 百萬<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>自由現金流</strong>: - $121.0 百萬<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul><h4>獨特指標</h4><ul><li><strong>The Cheesecake Factory Restaurants</strong>: 同比銷售增長 0.3%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>North Italia</strong>: 同比銷售下降約 3%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>Flower Child</strong>: 同比銷售增長約 7%<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul><h3>未來展望和策略</h3><h4>核心業務重點</h4><ul><li><strong>增長目標</strong>: 計劃在 2025 財年開設多達 25 家新餐廳<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li><li><strong>成本管理</strong>: 預計資本支出約為 $190 百萬至 $200 百萬，用於支持新單位開發和現有餐廳的維護<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul><h4>非核心業務</h4><ul><li><strong>股息和股票回購</strong>: 未來的股息支付和股票回購決定將取決於運營表現、財務狀況、資本支出需求等因素<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul><h4>優先事項</h4><ul><li><strong>財務靈活性</strong>: 預計現金和現金等價物、經營活動提供的現金流以及循環信貸額度下的可用借款將為未來 12 個月及可預見的未來提供充足的流動性<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/887596/000110465925105631/cake-20250930x10q.htm"></span>。</li></ul>

起司工坊｜10-Q：2025 財年 Q3 營收 9.07 億美元不及預期