Cheesecake Factory (CAKE) Tops Q1 EPS by 29c

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Go back to Cheesecake Factory (CAKE) Tops Q1 EPS by 29c

The Cheesecake Factory Reports Results for First Quarter of Fiscal 2021 and Provides Business Update

April 28, 2021 4:15 PM EDT

Second quarter-to-date through April 27th comparable sales at The Cheesecake Factory restaurants increased over 2019 levels

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the first quarter of fiscal 2021, which ended on March 30, 2021.

Total revenues were $627.4 million in the first quarter of fiscal 2021 compared to $615.1 million in the first quarter of fiscal 2020. Net loss available to common stockholders and diluted net loss per common share were $1.2 million and $0.03, respectively, in the first quarter of... More