Cheesecake Factory (CAKE) Tops Q1 EPS by 8c, Comps Beat
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The Cheesecake Factory Reports Results for First Quarter of Fiscal 2015
April 22, 2015 4:15 PM EDTCALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the first quarter of fiscal 2015, which ended on March 31, 2015.
Total revenues were $518.0 million in the first quarter of fiscal 2015 as compared to $481.4 million in the prior year first quarter. Net income and diluted net income per share were $28.4 million and $0.56, respectively, in the first quarter of fiscal 2015.
Operating Results
Comparable restaurant sales at The Cheesecake Factory restaurants increased 4.2% in the first quarter of fiscal 2015.
We delivered a remarkable comparable sales increase... More
