earnings
confidence high
sentiment positive
materiality 0.65
Cheesecake Factory Q3 revenue $865.5M, EPS $0.61; comparable sales up 1.6%
CHEESECAKE FACTORY INC
2024-Q3 EPS reported
$2.37
revenue$2,660,736,000
- Total revenue $865.5M (+4.3% YoY); diluted EPS $0.61; adjusted EPS $0.58.
- Comparable restaurant sales at Cheesecake Factory up 1.6% YoY; fourth consecutive quarter of growth.
- Opened 4 new restaurants in Q3, 3 post-quarter; expects up to 22 in fiscal 2024.
- Board declared quarterly dividend of $0.27/share, payable Nov 26, record Nov 13.
- Director Laurence B. Mindel retired from Board effective Oct 24, 2024.