CALABASAS HILLS Calif. The Cheesecake Factory Inc. ended the year on an upswing with better-than-expected sales trends in the fourth quarter, which the company said Tuesday was driven almost entirely by increased guest traffic.For the quarter ended Dec. 29, systemwide same-store sales fell 0.9 percent from a year ago when the chain posted a 7.1-percent decline. The Cheesecake Factory had previously forecast a same-store sales slide between 2 percent and 3 percent.By concept, the company’s ...
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Contact: Desiree Torres Desiree.Torres@penton.com