Cheesecake Factory Q4 Adjusted Earnings, Revenue Rise

MT Newswires Live

02-20

Cheesecake Factory (CAKE) reported Q4 adjusted diluted earnings late Wednesday of $1.04 per share, up from $0.80 a year earlier.

Analysts polled by FactSet expected $0.92.

Revenue for the quarter ended Dec. 31 was $921.0 million, up from $877 million a year earlier.

Analysts surveyed by FactSet expected $912.9 million.

The company said its board maintained a quarterly dividend of $0.27 per share, payable on March 18 to shareholders of record on March 5.

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