WASHINGTON (dpa-AFX) - The Cheesecake Factory Incorporated (CAKE) revealed earnings for its fourth quarter that climbed from last year.
The company's profit totaled $48.71 million, or $1.10 per share. This compares with $16.18 million, or $0.35 per share, in last year's fourth quarter.
Excluding items, The Cheesecake Factory Incorporated reported adjusted earnings of $25.54 million or $0.58 per share for the period.
The company's revenue for the quarter rose 18.6% to $694.03 million from $585.16 million last year.
The Cheesecake Factory Incorporated earnings at a glance:
-Earnings (Q4): $25.54 Mln. vs. $28.82 Mln. last year. -EPS (Q4): $0.58 vs. $0.63 last year. -Revenue (Q4): $694.03 Mln vs. $585.16 Mln last year.
Copyright RTT News/dpa-AFX
© 2020 AFX News
