Americans love Cheesecake Factory.
The restaurant known for its massive 21-page menu and dozens of dessert options is ranked as one of the top casual restaurants in the US by Nation’s Restaurant News.
The company reported a positive increase in sales in the same store in 21 of the 24 quarters before hitting Covid-19 in March 2020. But the popular restaurant around the world, from NBA stars to cheesecake enthusiasts, has fallen in hard times , because the coronavirus pandemic has wreaked havoc on the restaurant industry.
In February, Cheesecake Factory announced fourth-quarter sales of $ 554 million, down 20% from a year earlier. Sales at the same store decreased by 19.5% in the same period.
So, after more than 40 years of activity, will Cheesecake Factory be able to regain its momentum and will the chain’s delivery and delivery service be enough to compensate for the decline in the dining experience in the restaurant? Watch the video above to learn more.