–Restaurant operator Cheesecake Factory (NASDAQ: CAKE) reported adjusted earnings of $0.59 per share for the third quarter of 2019, vs. $0.55 per share expected.
– Unadjusted profit was $16.1 million or $0.36 per share, compared to $28.5 million or $0.61 per share in the same period of last year
– September-quarter revenues climbed to $586.5 million from $575.2 million last year, vs. $594.44 million expected
– Comparable restaurant sales increased 0.4% year-over-year
– Repurchased around 263,000 shares of common stock at a cost of $11.4 million
– Cheesecake shares closed Tuesday’s regular trading session higher; the stock dropped about 10% since last year
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
