SHARPE
Reported results
- Total revenues were $1,033.4 million in the third quarter of fiscal 2026 compared to $907.2 million in the third quarter of fiscal 2025.
- GAAP net income was $61.3 million, or $1.19 per diluted share, in the third quarter of fiscal 2026.
- Non-GAAP adjusted net income was $52.3 million in the third quarter of fiscal 2026.
- Non-GAAP adjusted diluted net income per share was $1.02 for the third quarter of fiscal 2026.
- Comparable restaurant sales at The Cheesecake Factory restaurants increased 15.2% year-over-year in the third quarter of fiscal 2026.
Guidance
- The Company continues to expect to open as many as 26 new restaurants in fiscal 2026, including as many as five The Cheesecake Factory restaurants, eight North Italia locations, seven Flower Child locations and as many as six FRC restaurants.
Price and volatility reaction
The stock moved -2.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -11.3 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 108.47 | 2026-10-27 |
| Close after release | 105.73 | 2026-10-28 |
| Realised move | -2.5% | close to close |
| 30d ATM IV change | -11.3 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-27 (8-K, Item 2.02). Read the original filing on sec.gov.