EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Etienne Marcus (818) 871-3000 investorrelations@thecheesecakefactory.com THE CHEESECAKE FACTORY REPORTS RESULTS FOR THIRD QUARTER OF FISCAL 2025 CALABASAS HILLS, Calif. – October 28, 2025 – The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2025, which ended on September 30, 2025. Total revenues were $907.2 million in the third quarter of fiscal 2025 compared to $865.5 million in the third quarter of fiscal 2024. Net income and diluted net income per share were $31.9 million and $0.66, respectively, in the third quarter of fiscal 2025. The Company recorded a pre-tax net expense of $0.8 million primarily related to Fox Restaurant Concepts (“FRC”) acquisition-related expenses. Excluding the after-tax impact of these and certain other items, adjusted net income and adjusted diluted net income per share for the third quarter of fiscal 2025 were $33.2 million and $0.68, respectively. Please see the Company’s reconciliation of non-GAAP financial measures at the end of this press release. Comparable restaurant sales at The Cheesecake Factory restaurants increased 0.3% year-over-year in the third quarter of fiscal 2025. “We delivered another quarter of solid results, with revenue within our guidance range and earnings and profitability finishing above the high end of our expectations,” said David Overton, Chairman and Chief Executive Officer. “Performance was led by The Cheesecake Factory restaurants, delivering positive comparable sales results amid a more challenging and competitive environment, underscoring the strength and resilience of our namesake concept. Our operators once again executed exceptionally well, delivering year-over-year improvements in labor productivity, wage management, and hourly staff and manager retention, supporting healthy margin performance. New restaurant openings continue to perform well, and with two openings in the third quarter we remain on track to achieve our unit growth objective for the year.” Overton continued, “While the restaurant industry is navigating a softer environment, we remain confident in our ability to manage through it while continuing to execute our long-term strategy. Our focus on delivering delicious, memorable dining experiences and ongoing menu innovation continues to resonate with guests, reflected in steady sales trends and positive early results from our latest menu updates. With our scale, operational discipline, and the enduring appeal of our high-quality, experiential concepts, we believe we are well-positioned to drive performance, long-term growth and shareholder value.” 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 Development During the third quarter of fiscal 2025, the Company opened two new FRC restaurants, and two Cheesecake Factory restaurants opened internationally under a licensing agreement in Mexico. Subsequent to quarter-end, the Company opened one new FRC restaurant. The Company continues to expect to open as many as 25 new restaurants in fiscal 2025, including as many as four The Cheesecake Factory restaurants, six North Italia locations, six Flower Child locations and nine FRC restaurants. Liquidity and Capital Allocation As of September 30, 2025, the Company had total available liquidity of $556.5 million, including a cash balance of $190.0 million and $366.5 million of availability on its revolving credit facility with no outstanding balance. Total principal amount of debt outstanding was $644.0 million, including $69.0 million in principal amount of 0.375% convertible senior notes due 2026 and $575.0 million in principal amount of 2.00% convertible senior notes due 2030. The Company repurchased approximately 18,900 shares of its stock at a cost of $1.2 million in the third quarter of fiscal 2025. In addition, the Company’s Board of Directors has declared a quarterly dividend of $0.27 per share to be paid on November 25, 2025, to shareholders of record at the close of business on November 11, 2025. Conference Call and Webcast The Company will hold a conference call to review its results for the third quarter of fiscal 2025 today at 2:00 p.m. Pacific Time. The conference call will be webcast live on the Company’s website at investors.thecheesecakefactory.com. About The Cheesecake Factory Incorporated The Cheesecake Factory Incorporated is a leader in experiential dining. We are culinary forward and relentlessly focused on hospitality. Delicious, memorable experiences created by passionate people—this defines who we are and where we are going. We currently own and operate 365 restaurants throughout the United States and Canada under brands including The Cheesecake Factory ® , North Italia ® , Flower Child ® and a collection of other FRC brands. Internationally, 35 The Cheesecake Factory ® restaurants operate under licensing agreements. Our bakery division operates two facilities that produce quality cheesecakes and other baked products for our restau rants, international licensees and third-party bakery customers. In 2025, we were named to the FORTUNE Magazine “100 Best Companies to Work For ® ” list for the twelfth consecutive year. To learn more, visit www.thecheesecakefactory.com , www.northitalia.com , www.iamaflowerchild.com and www.foxrc.com . From Fortune. ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune® and Fortune 100 Best Companies to Work For® are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, The Cheesecake Factory Incorporated. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as codified in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, without limitation, statements regarding the Company’s operations, growth, restaurant development and other objectives. Such forward-looking statements include all other statements that are not historical facts, as well as statements that are preceded by, followed by or that include words or phrases such as “believe,” “plan,” “will likely result,” “expect,” “intend,” “will continue,” “is anticipated,” “estimate,” “project,” “may,” “could,” “would,” “should” and similar expressions. These statements are based on current expectations and involve risks and uncertainties which may cause results to differ materially from those set forth in such 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. These forward-looking statements may be affected by various factors including: economic, public health and political conditions that impact consumer confidence and spending, including government shutdowns, trade policy, interest rate fluctuations, periods of heightened inflation and market instability, and armed conflicts; supply chain disruptions; demonstrations, political unrest, potential damage to or closure of the Company’s restaurants and potential reputational damage to the Company or any of its brands; pandemics and related containment measures, including the potential for quarantines or restriction on in-person dining; acceptance and success of The Cheesecake Factory in international markets; acceptance and success of North Italia, Flower Child and Other Fox Restaurant Concepts restaurants; the risks of doing business abroad through Company-owned restaurants and/or licensees; foreign exchange rates, tariffs and cross border taxation; changes in unemployment rates; increases in minimum wages and benefit costs; the economic health of the Company’s landlords and other tenants in retail centers in which its restaurants are located, and the Company’s ability to successfully manage its lease arrangements with landlords; the economic health of suppliers, licensees, vendors and other third parties providing goods or services to the Company; the timing of new unit development and related permitting; compliance with debt covenants; strategic capital allocation decisions including with respect to share repurchases or dividends; the ability to achieve projected financial results; the resolution of uncertain tax positions with the Internal Revenue Service and the impact of changes in tax laws; changes in laws impacting the Company’s business; adverse weather conditions and natural disasters in regions in which the Company’s restaurants are located; factors that are under the control of government agencies, landlords and other third parties; the risks, costs and uncertainties associated with opening new restaurants; and other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements speak only as of the dates on which they are made, and 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 law. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the SEC, which are available at www.sec.gov. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 The Cheesecake Factory Incorporated Condensed Consolidated Statements of Income (unaudited; in thousands, except per share data) 13 Weeks Ended 13 Weeks Ended 39 Weeks Ended 39 Weeks Ended Consolidated Statements of Income September 30, 2025 October 1, 2024 September 30, 2025 October 1, 2024 Amount Percent of Revenues Amount Percent of Revenues Amount Percent of Revenues Amount Percent of Revenues Revenues $ 907,226 100.0 % $ 865,471 100.0 % $ 2,790,248 100.0 % $ 2,660,736 100.0 % Costs and expenses: Food and beverage costs 197,654 21.8 % 195,306 22.6 % 605,758 21.7 % 600,253 22.6 % Labor expenses 322,774 35.6 % 310,939 35.9 % 987,368 35.4 % 949,151 35.7 % Other operating costs and expenses 255,724 28.2 % 239,470 27.7 % 757,871 27.2 % 712,108 26.9 % General and administrative expenses 58,996 6.5 % 56,204 6.5 % 177,706 6.4 % 170,954 6.4 % Depreciation and amortization expenses 27,419 3.0 % 25,299 2.9 % 80,361 2.9 % 75,015 2.8 % Impairment of assets and lease termination (income)/expenses (104 ) 0.0 % (3,472 ) (0.4 )% 496 0.0 % (1,577 ) (0.1 )% Acquisition-related contingent consideration, compensation and amortization expenses 910 0.1 % 1,020 0.1 % 2,920 0.1 % 3,287 0.1 % Preopening costs 6,584 0.7 % 7,005 0.8 % 23,718 0.8 % 19,860 0.7 % Total costs and expenses 869,957 95.9 % 831,771 96.1 % 2,636,198 94.5 % 2,529,051 95.1 % Income from operations 37,269 4.1 % 33,700 3.9 % 154,050 5.5 % 131,685 4.9 % Interest expense, net (2,247 ) (0.3 )% (2,431 ) (0.3 )% (7,448 ) (0.2 )% (7,970 ) (0.2 )% Loss on debt extinguishment – – % – – % (15,891 ) (0.6 )% – – % Other income, net 459 0.1 % 566 0.1 % 1,482 0.0 % 1,996 0.0 % Income before income taxes 35,481 3.9 % 31,835 3.7 % 132,193 4.7 % 125,711 4.7 % Income tax provision 3,582 0.4 % 1,841 0.2 % 12,541 0.4 % 10,082 0.4 % Net income $ 31,899 3.5 % $ 29,994 3.5 % $ 119,652 4.3 % $ 115,629 4.3 % Basic net income per share $ 0.68 $ 0.63 $ 2.55 $ 2.42 Basic weighted average shares outstanding 46,608 47,750 46,842 47,734 Diluted net income per share $ 0.66 $ 0.61 $ 2.46 $ 2.37 Diluted weighted average shares outstanding 48,616 48,946 48,633 48,751 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 The Cheesecake Factory Incorporated Selected Segment Information (unaudited; in thousands) For the 13 Weeks Ended September 30, 2025 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 651,375 $ 83,482 $ 78,017 $ 94,352 $ 907,226 Costs and expenses: Food and beverage costs 140,859 18,091 17,360 21,344 197,654 Labor expenses 225,885 31,312 30,885 34,692 322,774 Other operating costs and expenses 178,249 24,100 25,926 27,449 255,724 General and administrative expenses - - - 58,996 58,996 Depreciation and amortization expenses 16,841 3,060 3,288 4,230 27,419 Impairment of assets and lease terminations (income)/expenses 33 - (178 ) 41 (104 ) Acquisition-related contingent consideration, compensation and amortization expenses - - 316 594 910 Preopening costs 1,610 1,003 3,623 348 6,584 Total costs and expenses 563,477 77,566 81,220 147,694 869,957 Income/(loss) from operations $ 87,898 $ 5,916 $ (3,203 ) $ (53,342 ) $ 37,269 For the 13 Weeks Ended October 1, 2024 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 647,754 $ 71,878 $ 66,984 $ 78,855 $ 865,471 Costs and expenses: Food and beverage costs 145,431 16,685 15,085 18,105 195,306 Labor expenses 226,203 26,534 25,580 32,622 310,939 Other operating costs and expenses 174,531 20,126 21,444 23,369 239,470 General and administrative expenses - - - 56,204 56,204 Depreciation and amortization expenses 16,142 2,360 3,031 3,766 25,299 Impairment of assets and lease terminations (income)/expenses (3,858 ) - - 386 (3,472 ) Acquisition-related contingent consideration, compensation and amortization expenses - - 316 704 1,020 Preopening costs 1,483 1,765 2,900 857 7,005 Total costs and expenses 559,932 67,470 68,356 136,013 831,771 Income/(loss) from operations $ 87,822 $ 4,408 $ (1,372 ) $ (57,158 ) $ 33,700 For the 39 Weeks Ended September 30, 2025 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 2,007,366 $ 257,722 $ 255,619 $ 269,541 $ 2,790,248 Costs and expenses: Food and beverage costs 435,891 56,341 56,303 57,223 605,758 Labor expenses 690,517 96,748 95,892 104,211 987,368 Other operating costs and expenses 530,995 70,777 78,720 77,379 757,871 General and administrative expenses - - - 177,706 177,706 Depreciation and amortization expenses 49,263 8,932 9,587 12,579 80,361 Impairment of assets and lease terminations (income)/expenses 304 - 137 55 496 Acquisition-related contingent consideration, compensation and amortization expenses - - 947 1,973 2,920 Preopening costs 6,518 5,629 8,618 2,953 23,718 Total costs and expenses 1,713,488 238,427 250,204 434,079 2,636,198 Income/(loss) from operations $ 293,878 $ 19,295 $ 5,415 $ (164,538 ) $ 154,050 For the 39 Weeks Ended October 1, 2024 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 1,992,245 $ 218,266 $ 214,850 $ 235,375 $ 2,660,736 Costs and expenses: Food and beverage costs 450,769 51,134 48,319 50,031 600,253 Labor expenses 692,066 81,523 78,436 97,126 949,151 Other operating costs and expenses 521,357 60,692 63,582 66,477 712,108 General and administrative expenses - - - 170,954 170,954 Depreciation and amortization expenses 49,242 6,653 8,246 10,874 75,015 Impairment of assets and lease terminations (income)/expenses (1,732 ) - - 155 (1,577 ) Acquisition-related contingent consideration, compensation and amortization expenses - - 947 2,340 3,287 Preopening costs 5,615 5,179 6,810 2,256 19,860 Total costs and expenses 1,717,317 205,181 206,340 400,213 2,529,051 Income/(loss) from operations $ 274,928 $ 13,085 $ 8,510 $ (164,838 ) $ 131,685 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 The Cheesecake Factory Incorporated Selected Operating, Restaurant and Balance Sheet Information (unaudited; in thousands, except statistical data) 13 Weeks Ended 13 Weeks Ended 39 Weeks Ended 39 Weeks Ended The Cheesecake Factory restaurants operating information: September 30, 2025 October 1, 2024 September 30, 2025 October 1, 2024 Comparable restaurant sales vs. prior year 0.3 % 1.6 % 0.9 % 0.8 % Restaurants opened during period - - 2 1 Restaurants open at period-end 216 215 216 215 Restaurant operating weeks 2,808 2,804 8,388 8,419 North Italia operating information: Comparable restaurant sales vs. prior year (3 )% 2 % (1 )% 2 % Restaurants opened during period - - 4 3 Restaurants open at period-end 46 39 46 39 Restaurant operating weeks 598 507 1,749 1,486 Other Fox Restaurant Concepts (FRC) operating information: (1) Restaurants opened during period 2 3 6 6 Restaurants open at period-end 53 46 53 46 Restaurant operating weeks 675 575 1,960 1,654 Other operating information: (2) Restaurants opened during period - 1 6 4 Restaurants open at period-end 49 41 49 41 Restaurant operating weeks 637 526 1,840 1,562 Number of company-owned restaurants: The Cheesecake Factory 216 North Italia 46 Other FRC 53 Other 49 Total 364 Number of international-licensed restaurants: The Cheesecake Factory 35 (1) The Other FRC segment includes all FRC brands except Flower Child. (2) The Other segment includes the Flower Child, Grand Lux Cafe and Social Monk Asian Kitchen concepts, as well as the Company's third-party bakery, international and consumer packaged goods businesses, unallocated corporate expenses and gift card costs. Selected Consolidated Balance Sheet Information September 30, 2025 December 31, 2024 Cash and cash equivalents $ 189,978 $ 84,176 Current and long-term debt, net of issuance costs (1) 629,156 452,062 (1) Includes $68.7 million net balance of 0.375% convertible senior notes due 2026 (principal amount of $69 million less $0.3 million in unamortized issuance costs) and $560.4 million net balance of 2.00% convertible senior notes due 2030 (principal amount of $575 million less $14.6 million in unamortized issuance costs). The unamortized issuance costs were recorded as a contra-liability and netted with current and long-term debt on the Condensed Consolidated Balance Sheet and are being amortized as interest expense. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 Reconciliation of Non-GAAP Results to GAAP Results In addition to the results provided in accordance with accounting principles generally accepted in the United States of America (“GAAP”) in this press release, the Company is providing non-GAAP measurements which present net income and net income per share excluding the impact of certain items. The non-GAAP measurements are intended to supplement the presentation of the Company’s financial results in accordance with GAAP. These non-GAAP measures are calculated by eliminating from net income and diluted net income per share the impact of items the Company does not consider indicative of its ongoing operations. The Company uses these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. The Cheesecake Factory Incorporated Reconciliation of Non-GAAP Financial Measures (unaudited; in thousands, except per share data) 13 Weeks Ended 13 Weeks Ended 39 Weeks Ended 39 Weeks Ended September 30, 2025 October 1, 2024 September 30, 2025 October 1, 2024 Net income (GAAP) $ 31,899 $ 29,994 $ 119,652 $ 115,629 Impairment of assets and lease termination (income)/expenses (1) (104 ) (3,472 ) 496 (1,577 ) Acquisition-related contingent consideration, compensation and amortization expenses (2) 910 1,020 2,920 3,287 Loss on extinguishment of debt (3) - - 15,891 - Uncertain tax position related to tenant improvement allowance (4) 717 - 717 - Tax effect of adjustments (5) (210 ) 638 (5,020 ) (445 ) Adjusted net income (non-GAAP) $ 33,212 $ 28,180 $ 134,656 $ 116,894 Diluted net income per share (GAAP) $ 0.66 $ 0.61 $ 2.46 $ 2.37 Impairment of assets and lease termination (income)/expenses (1) (0.00 ) (0.07 ) 0.01 (0.03 ) Acquisition-related contingent consideration, compensation and amortization expenses (2) 0.02 0.02 0.06 0.07 Loss on extinguishment of debt (3) - - 0.33 - Uncertain tax position related to tenant improvement allowance (4) 0.01 - 0.01 - Tax effect of adjustments (5) (0.00 ) 0.01 (0.10 ) (0.01 ) Adjusted diluted net income per share (non-GAAP) (6) $ 0.68 $ 0.58 $ 2.77 $ 2.40 (1) A detailed breakdown of impairment of assets and lease termination (income)/expenses recorded in the thirteen and thirty-nine weeks ended September 30, 2025 and October 1, 2024 can be found in the Selected Segment Information table. (2) Represents changes in the fair value of the deferred consideration and contingent consideration and compensation liabilities related to the North Italia and FRC acquisition, as well as amortization of acquired definite-lived licensing agreements. (3) Represents premium paid and acceleration of previously unamortized deferred financing costs as a result of partial redemption of our convertible senior notes due 2026. (4) Represents an update to the reserve for an uncertain tax position related to tenant improvement allowances. Uncertain tax positions taken in a tax return are recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by tax authorities based on technical merits, taking into account available administrative remedies and litigation. (5) Based on the federal statutory rate and an estimated blended state tax rate, the tax effect on all adjustments assumes a 26% tax rate for the fiscal 2025 and 2024 periods. (6) Adjusted net income per share may not add due to rounding. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000

the item shown at left

other guidance in this release

Text is the filed exhibit, verbatim.