Cheesecake Factory (CAKE) Tops Q2 EPS by 8c

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Go back to Cheesecake Factory (CAKE) Tops Q2 EPS by 8c

The Cheesecake Factory Reports Record Revenues in the Second Quarter of Fiscal 2021 and Provides Business Update

July 27, 2021 4:15 PM EDT

Generated $109 million in cash flow from operations

Third quarter-to-date through July 26th comparable sales at The Cheesecake Factory restaurants increased 10% over 2019 levels

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2021, which ended on June 29, 2021.

Total revenues were $769.0 million in the second quarter of fiscal 2021 compared to $295.9 million in the second quarter of fiscal 2020. Net income available to common stockholders and diluted net income per... More