Operates upscale, full-service, casual dining restaurants under The Cheesecake Factory® and Grand Lux Cafe® marks. The Company also operates one self-service, limited menu express foodservice operation under The Cheesecake Factory Express® mark.
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With the recent earnings miss, and the stock drop of about 7%, I believe the Cheesecake Factory is an impressive buy on weakness pick.
Whenever I eat at the Cheesecake Factory I have an impressive dining experience with great food, and excellent service. I believe this will continue, and that the market has simply overreacted, because of the earnings miss.
This is a great place to buy in and start a posistion. As Buffett always says, buy on weakness!