The Cheesecake Factory has posted higher sales for the third quarter, extending its growth momentum from the previous quarters despite a softer trading environment.

The company’s sales for the quarter ended September 30 rose approximately 4.8 per cent to $907.2 million, while net income increased 6 per cent to $31.9 million.

Comparable restaurant sales edged up 0.3 per cent at The Cheesecake Factory chain, but fell 3 per cent at North Italia. 

Fox Restaurant Concepts (FRC), the independent subsidiary that operates brands such as Flower Child, Culinary Dropout, and The Henry, recorded a 2 per cent improvement in comparable sales.

CEO David Overton said Q3 revenue was within the company’s guidance range, while profitability was at the high end of expectations.

“Performance was led by The Cheesecake Factory restaurants, delivering positive comparable sales results amid a more challenging and competitive environment, underscoring the strength and resilience of our namesake concept,” he added.

During the quarter, the company opened two Cheesecake Factory restaurants under a licensing agreement in Mexico, as well as two FRC restaurants.

The company expects to open 25 new restaurants this fiscal year, including four The Cheesecake Factory restaurants, six North Italia locations, and 15 FRC restaurants.

“While the restaurant industry is navigating a softer environment, we remain confident in our ability to manage through it while continuing to execute our long-term strategy,” added Overton.