The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2015
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UBS Remains Neutral as Cheesecake Factory (CAKE) Looks For a Positive 2016
October 27, 2015 11:57 AM EDTUBS maintained a Neutral rating on Cheesecake Factory (NASDAQ: CAKE), and cut the price target to $52.00 (from $55.00), following the company's 3Q15 earnings results. EPS was reported at $0.59, 0.03 above consensus estimates.... More
Jefferies Cuts Price Target on Cheesecake Factory (CAKE) Following Decent 3Q and Labor Pressure Concerns
October 27, 2015 8:22 AM EDTJefferies maintained a Hold rating on Cheesecake Factory (NASDAQ: CAKE), and cut the price target to $52.00 (from $53.00), following the company's 3Q15 earnings results. Although SSS were essentially in line with 2.7% check average growth and -0.5% traffic, overall revenues missed expectations as the company is predominantly building... More
BTIG Upgrades Cheesecake Factory (CAKE) to Buy
October 27, 2015 6:37 AM EDTBTIG upgraded Cheesecake Factory (NASDAQ: CAKE) from Neutral to Buy with a price target of $60. The change follows Q3 results. Analyst Peter Saleh noted consistent sales, and he believes guidance for 2016 is conservative.
"We recognize the pressure from labor inflation and tough... More
Cheesecake Factory (CAKE) Tops Q3 EPS by 3c
October 26, 2015 4:16 PM EDTCheesecake Factory (NASDAQ: CAKE) reported Q3 EPS of $0.59, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $526.7 million versus the consensus estimate of $534.95 million.
Comparable restaurant sales at The Cheesecake Factory restaurants increased 2.2% in the third quarter of fiscal... More
