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  "docId": "019de510-6dd5-7274-b615-73795a557bda",
  "docSlug": "9cdd34c06981fc24166d8aaabaa8e792",
  "documentTitle": "Cheesecake Factory | Investor Presentation Deck | 34 slides",
  "authorId": "cheesecake-factory",
  "authorName": "The Cheesecake Factory",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-02-01 00:00:00",
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  "pageNumber": 7,
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  "notes": "The slide provides specific sales performance metrics across three different operating models (indoor dining, outdoor-only, and off-premise only) to demonstrate resilience.",
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      "text": "For locations with reopened indoor dining rooms, quarter-to-date through February 16th comparable sales were down ~9%, which equates to approximately $10 million on average, per unit on an annualized basis, and reflects the impact of lapping full capacity holidays last year, including Valentine's Day and Presidents' Day weekend, as well as restaurant closures associated with winter storms. On average, these locations were operating at 50% capacity.",
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      "kind": "list",
      "text": "Restaurants in jurisdictions with outdoor dining-only restrictions were doing volumes of 90%, on average quarter-to-date through February 16th, of Cheesecake Factory locations with indoor dining rooms partially open. This equates to approximately $9.1 million on average, per unit on an annualized basis.",
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      "text": "At locations that had been operating an off-premise only model during the first quarter, weekly off-premise sales equated to nearly $6 million, on average, per unit on an annualized basis.",
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      "kind": "paragraph",
      "text": "Leveraging our large restaurant footprints, patio space, flexible seating layouts, and strong position in the off-premise channel, we have recaptured meaningful sales levels at Cheesecake Factory restaurants despite capacity restrictions:",
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      "kind": "title",
      "text": "Managing Through COVID-19",
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      "evidence": "The presentation addresses the challenges posed by COVID-19 and the need for stability and growth.",
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      "parentBeatName": "Complication",
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      "name": "Cost Of Inaction",
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      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "e827b3e2-7798-4388-8905-cf66f6542ed0",
      "evidence": "The presentation implies that not investing in The Cheesecake Factory may result in missed opportunities.",
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      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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