Cheesecake Factory (CAKE) Tops Q4 EPS by 3c; Comps Rose 0.9%

Cheesecake Factory (NASDAQ: CAKE) reported Q4 EPS of $0.62, $0.03 better than the analyst estimate of $0.59. Revenue for the quarter came in at $475.1 million versus the consensus estimate of $484.84 million.

Comparable restaurant sales at The Cheesecake Factory and Grand Lux Cafe increased 0.9% in the fourth quarter of fiscal 2013, but were negatively impacted by approximately 0.7% due to severe winter storms. Excluding this weather impact, comparable restaurant sales increased 1.6%.

By concept, comparable restaurant sales grew 1.1% at The Cheesecake Factory and declined 1.1% at Grand Lux Cafe.

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

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