–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
MCD Earnings: McDonald’s comp sales up 12.6% in Q4; profit increases
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter
GM Earnings: All you need to know about General Motors Q4 2022 earnings results
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%
CAT Earnings: Highlights of Caterpillar’s Q4 2022 results
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per