Cheesecake Factory (CAKE) Misses Q4 EPS by 11c

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Go back to Cheesecake Factory (CAKE) Misses Q4 EPS by 11c

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

February 16, 2022 4:15 PM EST

Fourth quarter Consolidated Revenues Up 40% to a Record $776.7 Million

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

Total revenues were $776.7 million in the fourth quarter of fiscal 2021 compared to $554.6 million in the fourth quarter of fiscal 2020. Net income available to common stockholders and diluted net income per common share were $2.1 million and $0.04, respectively, in the fourth quarter of fiscal 2021.

The company... More