Cheesecake Factory (CAKE) Tops Q3 EPS by 4c

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Go back to Cheesecake Factory (CAKE) Tops Q3 EPS by 4c

The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2018

October 30, 2018 4:15 PM EDT

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2018, which ended on October 2, 2018.

Total revenues were $580.9 million in the third quarter of fiscal 2018 compared to $555.4 million in the third quarter of fiscal 2017. Net income and diluted net income per share were $28.5 million and $0.61, respectively, in the third quarter of fiscal 2018.

The Company recorded a pre-tax charge of $0.3 million during the third quarter of fiscal 2018 related to the previously disclosed termination of a lease for one The Cheesecake Factory... More