Cheesecake Factory (NASDAQ: CAKE) reported Q4 EPS of $0.48, $0.12 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $499.7 million versus the consensus estimate of $508.97 million.

“We continued to achieve a consistent level of sales at our existing Cheesecake Factory restaurants, with the fourth quarter completing our fifth consecutive year of delivering positive quarterly comparable sales. In addition, our newer restaurants continue to outperform our Company average in sales per square foot, which speaks to the strength of our brand and multi-generational appeal,” said David Overton, Chairman and Chief Executive Officer.

“Looking back on 2014, there were many high points during the year, including our first restaurant opening in Mexico, continued expansion in the Middle East and execution of a licensing agreement for growth in Asia, in addition to a strong slate of domestic openings. However, the operating environment was challenging and the fourth quarter was another in which we were impacted by cost pressures. As we look forward to this year and beyond, we believe our future is bright with multiple opportunities for us to continue our leadership in casual dining and continue to grow our Company with the best talent in the industry to successfully execute our strategy,” concluded Overton.

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