The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2016
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Jefferies Raises Price Target as Cheesecake Factory (CAKE) Posts 3Q Beat
October 27, 2016 8:46 AM EDTJefferies reiterated a Hold rating on Cheesecake Factory (NASDAQ: CAKE), and raised the price target to $51.00 (from $49.00), following the company's 3Q earnings report. 3Q SSS of +1.7% beat the consensus of +0.8%, benefiting from pricing of +2.6% and mix of +0.5%, offset by -1.4% traffic. EPS of $0.70 was better... More
Cheesecake Factory (CAKE) Tops Q3 EPS by 9c
October 26, 2016 4:22 PM EDTCheesecake Factory (NASDAQ: CAKE) reported Q3 EPS of $0.70, $0.09 better than the analyst estimate of $0.61. Revenue for the quarter came in at $560 million versus the consensus estimate of $556.15 million.
Comparable restaurant sales at The Cheesecake Factory restaurants increased 1.7% in the third quarter of fiscal... More
