CALABASAS HILLS Calif. The Cheesecake Factory Inc. on Tuesday reported a 2.2-percent increase in net earnings for the third quarter ended Oct. 2, despite slower traffic and a dip in average weekly sales of about 1.1 percent. Net income was $18.5 million, or 26 cents per diluted share, compared with $18.1 million, or 23 cents per diluted share, in the same period last year.Revenues were up 15.4 percent to $375.5 million, compared with $325.3 million a year ago, despite a 4-percent drop ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!