The experiential dining chain

2022-11-06

The experiential dining chain - $Cheesecake Factory(CAKE)$missed Wall Street revenue and profit estimates.

Fiscal third quarter revenue grew 4% to $784.0 million. Analysts were expecting $799.383 million.

The net loss for the three months ended September 27 was $2.4 million compared to a year ago profit of $32.7 million.

The per share loss was 5 cents. Refinitiv's mean analyst estimate was for a profit of 28 cents per share.

Relative to fiscal 2019, third quarter comparable restaurant sales at The Cheesecake Factory restaurants increased 9.5%.

Through October 25th, fourth quarter-to-date comparable sales for The Cheesecake Factory restaurants increased approximately 2.8% year-over-year and 14.0% as compared to the same period in fiscal 2019.

@TigerEvents

Q3 Earnings Analysis

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Comments

Kbchoo
2022-11-06
Kbchoo
continues your effort
- Stoinkz:
  ok
Big Little
2022-11-06
Big Little
Sounds cheesy
Abby06
2022-11-06
Abby06
thanks for sharing
GH_82
2022-11-06
GH_82
Thanks for sharing
SirBahamut
2022-11-06
SirBahamut
Thanks for sharing!
Kbchoo
2022-11-06
Kbchoo
is a good sharing...i love it

Leave a comment

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Through October 25th, fourth quarter-to-date comparable sales for The Cheesecake Factory restaurants increased approximately 2.8% year-over-year and 14.0% as compared to the same period in fiscal 2019. 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