CAKE 最新10-Q变化
将 CAKE 最新的定期申报(10-K/10-Q)与上一份同类型申报逐章节对比:每个章节新增/删除的段落数与原文摘录。全部为确定性文本对比——无相似度评分、无方向判断、非投资建议。
对比:10-Q · 2026-11-02 与上一份 10-Q · 2026-08-03
| 章节 | 结果 | 新增 | 删除 | 微调 | 未变 |
|---|---|---|---|---|---|
| 管理层讨论与分析 | 文字有新增/删除 | +30 | −20 | ~32 | 22 |
| 市场风险(第3项) | 文字有新增/删除 | +4 | −5 | ~1 | 1 |
| 控制与程序 | 文字有新增/删除 | 0 | 0 | ~2 | 0 |
| 风险因素 | 部分风险因素更新 | +6 | 0 | 0 | 1 |
| 其他信息 | 文字有新增/删除 | 0 | 0 | ~1 | 0 |
计数单位为段落;"新增/删除"指相对上一份文件新增/删除的文字,不含方向或好坏判断。
未列出(无法可靠提取或缺失):法律诉讼
代表性摘录
每个章节最多 5 条、每条约 300 字符的原文摘录,直接来自两份 SEC 文件。
管理层讨论与分析
相对上期新增的文字 · 来源:10-Q · 2026-11-02
Acquisition-Related Contingent Consideration, Compensation and Amortization (Income)/Expense
In the third quarters of fiscal 2026 and 2025, we recorded $12.9 million of income and $0.9 million of expense, respectively, of acquisition-related contingent consideration, compensation and amortization. In the third quarter of fiscal 2026, we recorded a $13.2 million decrease in the fair value of…
Our effective income tax rate was 16.5% and 10.1% for the third quarter of fiscal 2026 and 2025, respectively. The increase was primarily due to the effect of applying a higher estimated annual effective tax rate in the third quarter of fiscal 2026 than in the second quarter of fiscal 2026, whereas …
As a percentage of revenues cost of sales were 21.5% and 21.7% in the first nine months of fiscal 2026 and 2025, respectively primarily due to lower dairy pricing (0.6%), partially offset by higher meat and seafood costs (0.5%).
As a percentage of revenues, other operating costs and expenses were 27.1% and 27.2% in the first nine months of fiscal 2026 and 2025, respectively. This variance was primarily driven by sales leverage (0.3%) and lower insurance costs (0.2%), partially offset by higher incentive compensation expense…
相对上期删除的文字 · 来源:10-Q · 2026-08-03
During the second quarter of fiscal 2026, we recorded impairment of assets and lease termination expenses of $0.1 million primarily related to lease termination costs for one Grand Lux Cafe location. During the second quarter of fiscal 2025, we recorded impairment of assets and lease termination exp…
Preopening costs were $7.0 million and $9.0 million in the second quarter of fiscal 2026 and 2025, respectively. We opened two North Italia, one Flower Child and one Other FRC locations in the second quarter of fiscal 2026 compared to two The Cheesecake Factory, one North Italia, three Flower Child …
Our effective income tax rate was 11.1% and 11.9% for the second quarter of fiscal 2026 and 2025, respectively. The decrease was primarily due to non-deductible costs in fiscal 2025 associated with the repurchase of our 2026 Notes (1.2%), higher non-taxable gains in the current fiscal quarter as com…
As a percentage of revenues cost of sales were 21.7% in the first six months of both fiscal 2026 and 2025, primarily due to higher meat, produce and seafood costs (0.7%), partially offset by lower dairy pricing (0.6%)
As a percentage of revenues, G&A expenses were 6.4% and 6.3% in the first six months of fiscal 2026 and 2025, respectively. This variance was primarily driven by higher legal fees (0.1%).
市场风险(第3项)
相对上期新增的文字 · 来源:10-Q · 2026-11-02
We attempt to negotiate short-term and long-term agreements for some of our principal commodity, supply and equipment requirements, such as certain dairy products and poultry, depending on market conditions and expected demand. While we are in the process of contracting for certain key food and non-…
Commodities for which we have not entered into contracts can be subject to unforeseen supply and cost fluctuations, which at times may be significant. Additionally, the cost of commodities subject to governmental regulation, such as dairy and corn, can be especially susceptible to price fluctuation.…
We are exposed to market risk from interest rate changes on our funded debt. This exposure relates to the component of the interest rate on our Loan Agreement that is indexed to market rates. As of September 29, 2026 and December 30, 2025, we had no outstanding borrowings under the Loan Agreement. (…
We are also subject to market risk related to our investments in variable life insurance contracts used to support our non-qualified deferred compensation plans to the extent these investments are not equivalent to the related liability. In addition, because changes in these investments are not taxa…
相对上期删除的文字 · 来源:10-Q · 2026-08-03
We attempt to negotiate short-term and long-term agreements for some of our principal commodity, supply and equipment requirements, such as certain dairy products and poultry, depending on market conditions and expected demand. While we are in the
process of contracting for certain key food and non-food supplies for fiscal 2026 and 2027, these efforts may not be successful or yield our intended benefits. We continue to evaluate the possibility of entering into similar arrangements for other commodities and periodically evaluate hedging vehicl…
Commodities for which we have not entered into contracts can be subject to unforeseen supply and cost fluctuations, which at times may be significant. Additionally, the cost of commodities subject to governmental regulation, such as dairy and corn, can be especially susceptible to price fluctuation.…
We are exposed to market risk from interest rate changes on our funded debt. This exposure relates to the component of the interest rate on our Loan Agreement that is indexed to market rates. As of June 30, 2026 and December 30, 2025, we had no outstanding borrowings under the Loan Agreement. (See N…
We are also subject to market risk related to our investments in variable life insurance contracts used to support our non-qualified deferred compensation plans to the extent these investments are not equivalent to the related liability. In addition, because changes in these investments are not taxa…
风险因素
相对上期新增的文字 · 来源:10-Q · 2026-11-02
The risk factor set forth below updates, and should be read together with, the risk factors disclosed in our Annual Report. Except as set forth below, there have been no material changes to the risk factors disclosed in our Annual Report.
We may be unable to raise the funds necessary to repurchase the Notes for cash following a fundamental change, or to pay the cash amounts due upon conversion, and our other indebtedness limits our ability to repurchase the Notes or pay cash upon their conversion.
Noteholders of our outstanding 2030 Notes may, subject to limited exceptions, require us to repurchase their 2030 Notes following a “fundamental change” (which is defined in the indenture governing the 2030 Notes) at a cash repurchase price generally equal to the principal amount of the 2030 Notes t…
All conversions of the 2030 Notes will be settled partially or entirely in cash. We may not have enough available cash or be able to obtain financing at the time we are required to repurchase the 2030 Notes or pay the cash amounts due upon conversion. In addition, applicable law, regulatory authorit…
Furthermore, the Loan Agreement places several restrictions on our ability to repurchase the 2030 Notes upon a fundamental change. Under the Loan Agreement, we are permitted to repurchase 2030 Notes upon a fundamental change only if (i) no default or event of default exists and (ii) our pro forma ne…
如何读 10-Q 的风险因素(第 1A 项)
10-Q 的风险因素章节有三种常见形态,本页按其一分类展示:
- 指向(pointer) — 公司仅声明"无重大变化"并指向年度 10-K 的完整风险因素;本季没有自己的风险文本可对比。
- 部分更新(partial) — 公司写明"除下述外无重大变化",只更新部分风险;摘录展示的正是本季新增的内容。
- 全文重述(restated) — 本季重新给出完整风险因素。若上一季只是"指向",则无法逐段对比,本页会将其标为"本季全文重述"。
这只是对文件结构的客观描述,不构成对风险高低的判断。
数据来自 SEC EDGAR 两份申报文件的文本级对比 · 确定性计算(无 AI 生成内容)· 仅供参考 · 非投资建议