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Cheesecake Factory Plans to Ramp Up Restaurant Development Pipeline

Up to 15 New Locations Planned This Year as Delivery Helps Offset Lost Dining Room Business
The Cheesecake Factory is planning expansion despite posting operating losses for its fourth quarter and full 2020 fiscal year, citing steady sales amid pandemic-related expenses and dining restrictions. (CoStar)
The Cheesecake Factory is planning expansion despite posting operating losses for its fourth quarter and full 2020 fiscal year, citing steady sales amid pandemic-related expenses and dining restrictions. (CoStar)
CoStar News
February 18, 2021 | 4:01 AM

The Cheesecake Factory plans to open 12 to 15 new restaurants in 2021 as it scouts more locations for its 2022 pipeline, after being buoyed by strong delivery sales that have countered dining room capacity restrictions during the pandemic.

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