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Cheesecake Factory's 4th-Q same-store sales jump 0.8%

CALABASAS HILLS Calif. The Cheesecake Factory Inc. logged a 0.8-percent uptick in year-over-year systemwide same-store sales for its fourth quarter ended Jan. 2, driven mainly by a 7.8-percent gain at secondary concept Grand Lux Café and a 0.4-percent boost at its primary namesake concept. Cheesecake Factory operates 123 Cheesecake Factory restaurants and eight Grand Lux Cafes.

The improved sales trends in the later parts of the fourth quarter helped the company report an 18-percent jump in total revenues to $360.4 million.

“We are very pleased with our improving sales trends at The Cheesecake Factory,” the company said. “The positive comparable sales for the quarter gives us more confidence as we head into fiscal 2007.”

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