UBS Remains Neutral as Cheesecake Factory (CAKE) Looks For a Positive 2016

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The Cheesecake Factory Opens in Santa Monica, CA

October 27, 2015 8:11 AM EDT

Americas Favorite Restaurant Now Open in Santa Monica Place

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory®, known for its extensive menu, generous portions and legendary desserts, today announced the opening of its newest restaurant in Santa Monica, CA at Santa Monica Place.

With more than 250... More

The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2015

October 26, 2015 4:15 PM EDT

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2015, which ended on September 29, 2015.

Total revenues were $526.7 million in the third quarter of fiscal 2015 as compared to $499.1 million in the prior year third quarter. Net income and diluted net income per share were $26.2 million and $0.52, respectively, in the third quarter of fiscal 2015.

The Company recorded a pre-tax, non-cash charge of $6.0 million related to the impairment of RockSugar Pan Asian Kitchen during the third quarter of fiscal 2015. Excluding this item,... More