Cheesecake Factory (CAKE) Tops Q2 EPS by 7c

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The Cheesecake Factory Reports Results for Second Quarter of Fiscal 2015

July 22, 2015 4:15 PM EDT

Company Announces 21 Percent Increase in Quarterly Dividend

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2015, which ended on June 30, 2015.

Total revenues were $529.1 million in the second quarter of fiscal 2015 as compared to $496.4 million in the prior year second quarter. Net income and diluted net income per share were $34.7 million and $0.69, respectively, in the second quarter of fiscal 2015.

Operating Results

Comparable restaurant sales at The Cheesecake Factory restaurants increased 2.8% in the second... More