Here's Why Investors Should Retain Cheesecake Factory Stock for Now

The Cheesecake Factory Incorporated (CAKE) is likely to benefit from unit expansion efforts, strong Flower Child performance and marketing efforts. Also, emphasis on the loyalty program bodes well. However, an uncertain macroeconomic environment and elevated expenses are concerns.Let us discuss the factors highlighting why investors should retain the stock for the time being.Factors Driving GrowthCheesecake Factory focuses on the development front to drive growth. During the fiscal first quarter, it opened ...