Cheesecake Factory (CAKE) Tops Q2 EPS by 25c

Cheesecake Factory (NASDAQ: CAKE) reported Q2 EPS of ($0.87), $0.25 better than the analyst estimate of ($1.12). Revenue for the quarter came in at $295.9 million versus the consensus estimate of $305.59 million.

• Comparable restaurant sales at The Cheesecake Factory restaurants decreased 56.9% in the second quarter of fiscal 2020, reflecting the impact of COVID-19.

For earnings history and earnings-related data on Cheesecake Factory (CAKE) click here.

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