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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. META
6. TSLA
7. SMCI
8. RTX
9. S
10. COF

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

The Cheesecake Factory Reports Results for Second Quarter of Fiscal 2016

July 27, 2016 4:15 PM EDT

Increases Quarterly Dividend by 20%; Expands Share Repurchase Authorization

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2016, which ended on June 28, 2016.

Total revenues were $558.9 million in the second quarter of fiscal 2016 as compared to $529.1 million in the second quarter of fiscal 2015. Net income and diluted net income per share were $38.6 million and $0.78, respectively, in the second quarter of fiscal 2016.

Comparable restaurant sales at The Cheesecake Factory restaurants increased 0.3% in the second quarter of fiscal 2016.

We... More