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Not trumping time guess the bottoms all I am doing is picking my bids to buy and hold
Buy the dips
yessir buying on every pull back
Jeffery’s put a buy recommendation with a price target $270 ?? praying for a big reversal tom
Nice pull back going long here for a bounce
Big option buy 20k 13 calls
Finally a pullback !!!!! Love to see $18 to buy back
Exactly my point
I think they are
I agree I think it’s due for a sell of up here
Oil is up again over 40.50 and with a short interest of 39% this should be very interesting Tom
Looks like she wants to run on Monday with that volume 30min into the close
Had a big move this week you have to expect profit taken
Big move this week look for profit taken
Profit taken before the close this stock had a big run
Profit taken before the close
I like to see a pull back
Never seen a stock get halted more then this in one day
I agree
Going higher in pre market 5.08
Yes it is , every time I go there there always busy and I have to wait 30 to 45min
Let’s watch for a little pullback
The Cheesecake Factory Provides Business Update
Source: Business Wire
The Cheesecake Factory Incorporated (NASDAQ: CAKE) today provided a business update given the ongoing COVID-19 pandemic.
The Company began to reopen dining rooms across its concepts the second week of May. As of today, approximately 25% of the Company’s restaurants across its concepts, including 34 Cheesecake Factory restaurants, have reopened dining rooms with limited capacity in accordance with local mandates.
The reopened Cheesecake Factory restaurants have recaptured, on average, approximately 75% of prior year sales levels, reflecting continued strength in off-premise sales and building dine-in business. For The Cheesecake Factory restaurants that are continuing to operate an off-premise only model at present, current weekly off-premise sales would equate to nearly $4 million per unit on an annualized basis, on average. Fiscal second quarter to-date through May 31, 2020 comparable sales at The Cheesecake Factory restaurants are down approximately 63%, including the impact of 87 full or partial closures due to demonstrations across the United States this past weekend.
The Company expects to have approximately 65% of dining rooms across its concepts that closed due to COVID-19 reopened with limited capacity by mid-June, including an anticipated 124 Cheesecake Factory restaurants, subject to any closures due to further demonstrations and other factors related to the ongoing COVID-19 pandemic.
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 294 restaurants throughout the United States and Canada under brands including The Cheesecake Factory®, North Italia® and a collection within the Fox Restaurant Concepts subsidiary. Internationally, 26 The Cheesecake Factory® restaurants operate under licensing agreements. Our bakery division operates two facilities that produce quality cheesecakes and other baked products for our restaurants, international licensees and third-party bakery customers. In 2020, we were named to the FORTUNE Magazine “100 Best Companies to Work For®” list for the seventh consecutive year. To learn more, visit www.thecheesecakefactory.com, www.northitalia.com and www.foxrc.com.
From FORTUNE. ©2020 Fortune Media IP Limited. FORTUNE 100 Best Companies to Work For is a trademark of Fortune Media IP Limited and is used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Licensee.
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 second quarter to-date comparable restaurant sales, continued strength in off-premise sales, building dine-in business, annualized off-premise sales per unit and restaurant dining room reopening plans. 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: the rapidly evolving nature of the COVID-19 outbreak and related containment measures, including the potential for a complete shutdown of the Company’s restaurants, international licensee restaurants and the Company’s bakery operations; demonstrations and potential damage to or closure of the Company’s restaurants; political unrest and potential reputational damage to the Company or any of its brands; economic, public health and political conditions that impact consumer confidence and spending, including the impact of COVID-19 and other health epidemics or pandemics on the global economy; acceptance and success of The Cheesecake Factory in international markets; acceptance and success of North Italia and the 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; changes in laws impacting the Company’s business, including laws and regulations related to COVID-19 impacting restaurant operations and customer access to off-and on-premise dining; 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 continue its lease arrangements with landlords; unanticipated costs that may arise due to a return to normal course of business including potential negative impacts from furlough actions; the economic health of suppliers, licensees, vendors and other third parties providing goods or services to the Company; compliance with debt covenants; adverse weather conditions 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 risk, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200602005841/en/
Investors
The Cheesecake Factory Incorporated
Stacy Feit
(818) 871-3000
investorrelations@thecheesecakefactory.com
Media
Berk Communications
Marisa Carstens
(917) 328-4725
cheesecake@berkcommunications.com
Boom she breaks out 22 in AH let’s go cake
Slowly filling the gap again !!!!
The momentum is to the upside from here broke resistance @ 16.15
Buy on weakness !!!!
Jblu is looking good for tomorrow hoping it breaks 11
She’s getting ready for take off
Strong close at $5 looking for a gap fill to upside
Yep got in the 5s and mid 4s
Boom there she goes, rule number 1 don’t get emotional she kicked my ass and now she’s back
Buying here I think she’s gonna pop again
Buying on this pull back 50.75
Apache says no material impact from S&P credit downgrade to 'junk'
Mar. 27, 2020 8:01 AM ET (APA)By: Carl Surran, SA News Editor2 Comments
Apache (NYSE:APA) says it does not expect to see a material impact on its financial position, liquidity or business strategy due to yesterday's downgrade of its credit by Standard & Poor's, which cut the rating by two notches to BB+ from BBB with a negative outlook.
The company says it will post ~$650M in letters of credit related to asset retirement obligations in the U.K. North Sea.
Apache says it has "ample liquidity and a very manageable bond maturity profile for the next five years," and notes recent actions to protect its balance sheet and cash flows, including a 54% capex cut, lower dividends and cost structure reductions.
Apache says it has a $4B credit facility, is not subject to borrowing base re-determinations, has no covenants that are triggered by ratings agency actions, and includes a $2B committed sublimit for letters of credit, which will easily accommodate North Sea asset retirement obligation postings.
APA -2.4% pre-market.
Bought more on today’s pull back 4.88
Buying it back 5.80 what a tradable stock
Great buy down here around 6.15
Buying the dip here in the 6.20
Great buying opportunity down for a reversal