The Cheesecake Factory Inc. announced strong fourth-quarter results, surpassing analysts’ earnings and revenue predictions. The company reported a net profit of $28.8 million, with adjusted earnings of $1 per share, exceeding the anticipated 98 cents. Quarterly revenue reached $961.6 million, also outperforming forecasts.
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Cheesecake Factory: Fourth Quarter Earnings Overview
The Cheesecake Factory Inc. announced strong fourth-quarter results, surpassing analysts’ earnings and revenue predictions. The company reported a net profit of $28.8 million, with adjusted earnings of $1 per share, exceeding the anticipated 98 cents. Quarterly revenue reached $961.6 million, also outperforming forecasts.