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The Cheesecake Factory: Menu drove positive 2Q performanceThe Cheesecake Factory: Menu drove positive 2Q performance

Lisa Jennings, Executive Editor

October 25, 2012

4 Min Read
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Lisa Jennings

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.

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For the quarter ended July 3, the Calabasas Hills, Calif.-based company said net income increased 14.8 percent to $28.4 million, or 52 cents per share, compared with $24.7 million, or 42 cents per share, a year ago. Revenues increased about 5.6 percent to $454.7 million for the quarter on a same-store sales increase of 1.7 percent companywide.

By brand, The Cheesecake Factory’s same-s...

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About the Author

Lisa Jennings

Executive Editor, Nation's Restaurant News and Restaurant Hospitality

Lisa Jennings is executive editor of Nation’s Restaurant News and Restaurant Hospitality. She joined the NRN staff as West Coast editor in 2004 as a veteran journalist. Before joining NRN, she spent 11 years at The Commercial Appeal, the daily newspaper in Memphis, Tenn., most recently as editor of the Food and Health & Wellness sections. Prior experience includes staff reporting for the Washington Business Journal and United Press International.

Lisa’s areas of expertise include coverage of both large public restaurant chains and small independents, the regulatory and legal landscapes impacting the industry overall, as well as helping operators find solutions to run their business better.

Lisa Jennings’ experience:

Executive editor, NRN (March 2020 to present)

Executive editor, Restaurant Hospitality (January 2018 to present)

Senior editor, NRN (September 2004 to March 2020)

Reporter/editor, The Commercial Appeal (1990-2001)

Reporter, Washington Business Journal (1985-1987)

Contact Lisa Jennings at:

[email protected]

@livetodineout

https://www.linkedin.com/in/lisa-jennings-83202510/

 

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