secwatch.observer — SEC 8-K summary
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Issuer:     CHEESECAKE FACTORY INC (CAKE)
CIK:        0000887596
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001104659-23-058468
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887596/000110465923058468/0001104659-23-058468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887596/000110465923058468/tm2315100d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-058468

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer