Wall Street is not cutting Cheesecake Factory slack. (Corporate Focus).

From: San Fernando Valley Business Journal | Date: March 3, 2003| Author: | Copyright information

THE Cheesecake Factory seems to do everything right.

Its restaurants operate at or near capacity, its growth is controlled and cautious, its operation is profitable.

But despite its success and an enviable fourth quarter financial performance, shares in the Calabasas-based company are trading near to Cheescake Factory's 52-week low.

The problem, in part, stems from troubles in the restaurant sector overall, which has driven stock prices for the group down by about 8 percent since the beginning of the year. Despite its strong performance, Wall Street is painting ...

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