WASHINGTON (dpa-AFX) - The Cheesecake Factory Incorporated (CAKE) reported a profit for its second quarter that climbed from last year.
The company's profit totaled $35.51 million, or $0.79 per share. This compares with $28.35 million, or $0.61 per share, in last year's second quarter.
Excluding items, The Cheesecake Factory Incorporated reported adjusted earnings of $36.73 million or $0.82 per share for the period.
Analysts had expected the company to earn $0.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.6% to $602.64 million from $587.31 million last year.
The Cheesecake Factory Incorporated earnings at a glance:
-Earnings (Q2): $36.73 Mln. vs. $31.03 Mln. last year. -EPS (Q2): $0.82 vs. $0.67 last year. -Analysts Estimate: $0.81 -Revenue (Q2): $602.64 Mln vs. $587.31 Mln last year.
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