{"id":2008,"date":"2026-07-29T20:15:10","date_gmt":"2026-07-29T20:15:10","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=2008"},"modified":"2026-07-29T20:15:10","modified_gmt":"2026-07-29T20:15:10","slug":"cheesecake-factorys-record-stock-run-builds-founders-300-million-fortune","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=2008","title":{"rendered":"Cheesecake Factory\u2019s Record Stock Run Builds Founder\u2019s $300 Million Fortune"},"content":{"rendered":"<div>\n<h2>big number<\/h2>\n<p>Nearly 91%. That\u2019s how much Cheesecake Factory\u2019s stock has grown this year, almost doubling in value after opening the year at just over $52. Its market value has also swelled to nearly $5 billion, a record and a more than 500% turnaround since falling below $1 billion in 2020.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2005\">FTC Claims Hims &amp; Hers Charged Patients Without Consent And Shared Health Data With Big Tech<\/a><\/p>\n<h2>key background<\/h2>\n<p>The Cheesecake Factory, which began as a bakery in 1972 before Overton opened the first restaurant in 1978, has expanded to 375 locations across the U.S. and Canada. Unlike other restaurant chains that have relied on higher prices to counteract declining customer traffic, Cheesecake Factory has reported steady traffic growth. Overton noted in the latest earnings report that its traffic was \u201cmeaningfully outperforming the broader casual dining industry.\u201d The firm has also expanded to other brands following its acquisition of Fox Restaurant Concepts, including Flower Child and North Italia, among others. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2003\">Fed Keeps Interest Rates Unchanged As Dissent Mounts<\/a><\/p>\n<h2>further reading<\/h2>\n<p><u>Cheesecake Factory Reports Higher Profit, Sales<\/u> (<em>Wall Street Journal<\/em>)<\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The restaurant chain\u2019s stock has nearly doubled this year to a new all-time high.<\/p>\n","protected":false},"author":1,"featured_media":2007,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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