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Cheesecake Factory (NASDAQ:CAKE) Posts Earnings Results, Beats Estimates By $0.26 EPS
['Ethan Ryder']
Ticker Report
Cheesecake Factory (NASDAQ:CAKE – Get Free Report) issued its earnings results on Tuesday.
Cheesecake Factory momentum strengthened: Comparable sales increased 5.8%, including 2.7% traffic growth that outpaced the casual-dining index by 350 basis points.
Cheesecake Factory Stock PerformanceCheesecake Factory stock opened at $89.01 on Wednesday.
About Cheesecake Factory(Get Free Report)The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes.
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