Cheesecake Factory (CAKE) Tops Q3 EPS by 9c
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The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2016
October 26, 2016 4:15 PM EDTCALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2016, which ended on September 27, 2016.
Total revenues were $560.0 million in the third quarter of fiscal 2016 as compared to $526.7 million in the third quarter of fiscal 2015. Net income and diluted net income per share were $34.6 million and $0.70, respectively, in the third quarter of fiscal 2016.
Comparable restaurant sales at The Cheesecake Factory restaurants increased 1.7% in the third quarter of fiscal 2016.
We delivered our 27th consecutive quarter of positive comparable sales as we... More
