Categories Earnings, Retail

Cheesecake Factory (CAKE): Q3 2019 Earnings Snapshot

–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

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Viewing Highlight