Cheesecake Factory (CAKE) Beats On Cost; Cutting PT - Piper Jaffray

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Go back to Cheesecake Factory (CAKE) Beats On Cost; Cutting PT - Piper Jaffray

The Cheesecake Factory Reports Results for Fourth Quarter of Fiscal 2015

February 16, 2016 4:15 PM EST

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

Total revenues were $526.8 million in the fourth quarter of fiscal 2015 as compared to $499.7 million in the prior year fourth quarter. Net income and diluted net income per share were $27.2 million and $0.54, respectively, in the fourth quarter of fiscal 2015.

Operating Results

Comparable restaurant sales at The Cheesecake Factory restaurants increased 1.1% in the fourth quarter of fiscal 2015.

The fourth quarter of 2015 marks the completion of our... More