CALABASAS HILLS, Calif., Dec 14, 2005 (BUSINESS WIRE) -- The Cheesecake Factory Incorporated (Nasdaq:CAKE) today
announced the opening of its seventh Grand Lux Cafe restaurant on
December 13, 2005 at the Sawgrass Mills Mall in Sunrise, Florida. The
restaurant contains approximately 11,300 square feet and approximately
300 seats.
"With the opening of Grand Lux Cafe in Sunrise, Florida, we have
completed our new restaurant openings for the year and achieved our
stated goal of 18 new restaurants in 2005. We have a strong
infrastructure in place, both in the field and at our corporate
office, which enables us to execute our opening schedule well within
our high standards of quality," commented David Overton, Chairman and
CEO. "We are targeting as many as 21 new restaurants in 2006,
including as many as four Grand Lux Cafes, and look forward to
continuing to provide our guests with an exceptional upscale casual
dining experience at a great value."
About The Cheesecake Factory
The Cheesecake Factory Incorporated operates 103 upscale, casual
dining restaurants under The Cheesecake Factory(R) name that offer an
extensive menu of more than 200 items with an average check of
approximately $16.60. The Company also operates a bakery production
facility that produces over 50 varieties of quality cheesecakes and
other baked products for the Company's restaurants and for other
leading foodservice operators, retailers and distributors.
Additionally, the Company operates seven upscale casual dining
restaurants under the Grand Lux Cafe(R) name; one self-service,
limited menu "express" foodservice operation under The Cheesecake
Factory Express(R) mark inside the DisneyQuest(R) family entertainment
center in Orlando, Florida; and licenses two bakery cafe outlets to
another foodservice operator under The Cheesecake Factory Bakery
Cafe(R) name. For more information about The Cheesecake Factory
Incorporated, please visit www.thecheesecakefactory.com.
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or
implied by forward-looking statements. Investors are cautioned that
forward-looking statements are not guarantees of future performance
and that undue reliance should not be placed on such statements. In
particular, forward-looking statements regarding the Company's
restaurant sales trends are subject to risks and uncertainties due to
national and regional economic and public safety conditions that
impact consumer confidence and spending, as well as weather and other
factors outside of the Company's control. Forward-looking statements
regarding the number and timing of the Company's planned new
restaurant openings are subject to risks and uncertainties due to
factors outside of the Company's control, including factors that are
under the control of government agencies, landlords and others.
Forward-looking statements speak only as of the dates on which they
were made. The Company undertakes no obligation to publicly update or
revise any forward-looking statements or to make any other
forward-looking statements, whether as a result of new information,
future events or otherwise unless required to do so by the securities
laws. Investors are referred to the full discussion of risks and
uncertainties associated with forward-looking statements contained in
the Company's filings with the Securities and Exchange Commission.
SOURCE: The Cheesecake Factory Incorporated
The Cheesecake Factory Incorporated
Jill Peters, 818-871-3000