---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-058468"
form_type: "8-K"
ticker: "CAKE"
cik: "0000887596"
company_name: "CHEESECAKE FACTORY INC"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:37:41.372253+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cheesecake Factory Q1 revenue $866.1M, up 9.1%; adjusted EPS $0.61

## Summary
- Total revenues $866.1M, +9.1% YoY; comparable sales at Cheesecake Factory restaurants +5.7% YoY.
- GAAP net income $28.1M ($0.56 diluted EPS); adjusted net income $30.6M ($0.61 adjusted EPS).
- Quarterly cash dividend of $0.27 per share declared, payable June 6, 2023 to holders of record May 24.
- Expects 20–22 new restaurants in fiscal 2023, including 5–6 Cheesecake Factory, 5–6 North Italia, up to 10 FRC.
- Repurchased ~341,500 shares for $12.4M in Q1; total liquidity $355M, debt $475M.

## SEC filing metadata
- accession: 0001104659-23-058468
- form_type: 8-K
- ticker: CAKE
- cik: 0000887596
- company_name: CHEESECAKE FACTORY INC
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887596/000110465923058468/0001104659-23-058468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887596/000110465923058468/tm2315100d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-058468
- JSON: https://secwatch.observer/filing/0001104659-23-058468.json
- Plain text: https://secwatch.observer/filing/0001104659-23-058468.txt

## Key facts
- Earnings Releases
  CHEESECAKE FACTORY INC reported first quarter of fiscal 2023 results: revenue $866.1 million, net income $28.1 million, EPS $0.56.
  - Period: first quarter of fiscal 2023
  - Revenue: $866.1 million
  - Net income: $28.1 million
  - EPS: $0.56
  - Result: reported results
  source text: The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the first quarter of fiscal 2023, which ended on April 4, 2023. Total revenues were $866.1 million in the first quarter of fiscal 2023 compared to $793.7 million in the first quarter of fiscal 2022. Net income and diluted net income per share were $28.1 million and $0.56, respectively, in the first quarter of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/887596/000110465923058468/0001104659-23-058468-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.