earnings
confidence high
sentiment positive
materiality 0.75
Cheesecake Factory Q1 revenue up 27% to $793.7M; reinstates dividend and buybacks
CHEESECAKE FACTORY INC
2022-Q1 EPS reported
$0.45
revenue$793,710,000
- Total revenues $793.7M vs $627.4M YoY; net income $23.2M ($0.45 diluted EPS).
- Adjusted net income $24.0M, adjusted diluted EPS $0.47, excluding $0.8M FRC acquisition-related charge.
- Quarterly cash dividend of $0.27 per share declared, payable May 24, 2022 to holders of record May 11, 2022.
- Share repurchase program reinstated; ~2.9M shares remain available for repurchase under existing authorization.
- Investor presentation posted on company website, providing updated business outlook.