The Cheesecake Factory Reports Results for Second Quarter of Fiscal 2016

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Cheesecake Factory (CAKE) Tops Q2 EPS by 9c; Raises Dividend 20%

July 27, 2016 4:18 PM EDT

Cheesecake Factory (NASDAQ: CAKE) reported Q2 EPS of $0.80, $0.09 better than the analyst estimate of $0.71. Revenue for the quarter came in at $558.9 million versus the consensus estimate of $561.96 million.

The Companys Board of Directors declared a quarterly cash dividend of $0.24 per share on the Companys common stock, representing a 20% increase.... More