secwatch.observer — SEC 8-K summary
======================================

Issuer:     CHEESECAKE FACTORY INC (CAKE)
CIK:        0000887596
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001104659-24-058691
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cheesecake Factory Q1 revenues $891.2M, adj. EPS $0.73; declares $0.27 dividend
-------------------------------------------------------------------------------

- Total revenues $891.2M, up 2.9% from $866.1M in Q1 2023.
- GAAP net income $33.2M ($0.68 EPS); adjusted net income $35.6M ($0.73 EPS) excluding $3.2M impairment and FRC charges.
- Board declares quarterly cash dividend of $0.27 per share, payable June 4, 2024, record May 22.
- Fox Restaurant Concepts acquisition-related items and asset impairments impacted GAAP results by $3.2M pre-tax.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887596/000110465924058691/0001104659-24-058691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887596/000110465924058691/tm2413691d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-058691

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