Cheesecake Factory (CAKE) Misses Q1 EPS by 4c
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The Cheesecake Factory Reports Results for First Quarter of Fiscal 2022 and Provides Business Update
April 27, 2022 4:15 PM EDT
First quarter Consolidated Revenues up 27% to $793.7 million
Company reinstates quarterly cash dividend and share repurchase program
CALABASAS HILLS, Calif.--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the first quarter of fiscal 2022, which ended on March 29, 2022.
Total revenues were $793.7 million in the first quarter of fiscal 2022 compared to $627.4 million in the first quarter of fiscal 2021. Net income and diluted net income per common share were $23.2 million and $0.45, respectively, in the first quarter of fiscal... More
