Despite severe winter weather’s drag on fourth-quarter same-store sales, The Cheesecake Factory Inc. recorded double-digit increases in net income for both the Dec. 31-ended fourth quarter and full year in fiscal 2013. The Calabasas Hills, Calif.-based casual-dining operator opened nine company-owned restaurants during the year and relocated three units to more favorable real estate sites. Fourth-quarter same-store sales rose 0.9 percent, which included a 0.7-percent negative impact from winter storms across the country.
The company operates 181 restaurants under The Cheesecake Factory, Grand Lux Café and RockSugar Pan Asian Kitchen brands.
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