The Cheesecake Factory Inc. reported an almost 15-percent increase in second quarter profit on Wednesday, saying the chain has continued to drive traffic and steal market share despite volatile industry trends. RELATED • The Cheesecake Factory wins 2012 MenuMasters award • The Cheesecake Factory revamps menu • More restaurant industry finance news For the quarter ended July 3, the Calabasas Hills, Calif.-based company said net income increased 14.8 percent to $28.4 million, ...
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