Cheesecake Factory (CAKE) Misses Q3 EPS by 8c

Go back to Cheesecake Factory (CAKE) Misses Q3 EPS by 8c

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

November 3, 2021 4:15 PM EDT

Fourth quarter-to-date through November 2nd comparable sales at The Cheesecake Factory restaurants increased 10.5% over 2019 levels

CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the third quarter of fiscal 2021, which ended on September 28, 2021.

Total revenues were $754.5 million in the third quarter of fiscal 2021 compared to $517.7 million in the third quarter of fiscal 2020. Net income available to common stockholders and diluted net income per common share were $32.7 million and $0.64, respectively, in the third... More