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.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!
