Cheesecake Factory (CAKE) Misses Q4 EPS by 2c

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Go back to Cheesecake Factory (CAKE) Misses Q4 EPS by 2c

The Cheesecake Factory Reports Results for Fourth Quarter of Fiscal 2019

February 19, 2020 4:15 PM EST

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the fourth quarter of fiscal 2019, which ended on December 31, 2019.

Total revenues were $694.0 million in the fourth quarter of fiscal 2019 compared to $585.2 million in the fourth quarter of fiscal 2018. Net income and diluted net income per share were $48.7 million and $1.10, respectively, in the fourth quarter of fiscal 2019. The results in this press release include the acquisition of North Italia and the remaining business of Fox Restaurant Concepts LLC (FRC) on... More