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How will the opening of a new Cheesecake Factory in New York City impact Cheesecake Factory’s financial statements? — Accounting in the Headlines

Recently, The Cheesecake Factory Incorporated (NASDAQ: CAKE), opened its first New York City restaurant. The new Cheesecake Factory is in Queens and is 8,850 square feet and seats 240 guests. Rather than franchising its business model, Cheesecake Factory owns and operates all of its U.S. restaurants, which at last count numbered more than 200. It […]

via How will the opening of a new Cheesecake Factory in New York City impact Cheesecake Factory’s financial statements? — Accounting in the Headlines