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-0.00246097970821569 -0.00102301159823988 0.00103122855886844 0.0127403974543857 0.0154684283830254 0.0106861572972774 0.000825804543157504 0.000825804543157504
Stock impact report

Restaurant Stocks Soar Wednesday on Positive COVID-19 Developments [The Motley Fool]

The Cheesecake Factory Incorporated (CAKE) 
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thecheesecakefactory.com
Company Research Source: The Motley Fool
What happenedRestaurant stocks are on fire...in a good way.Brinker International(NYSE:EATCheesecake FactoryNASDAQ:CAKEDarden RestaurantsNYSE:DRISo whatGilead SciencesNASDAQ:GILDresults for a COVID-9 treatmentYChartsBrinker's stock is soaring thanks to its gradually improving sales at Chili's and Maggiano's, as the two brands operate and innovate with its off-premise-only business, and beats on both the top and bottom lines during its fiscal third-quarter 00. Comparable sales declined 6.6% for the week ending April , but recovered to a 6.8% decline for the week ending April . Those are still brutal results, but they're trending in the right direction. And management emphasized the company has plenty of liquidity, at $7 million total, compared to a cash burn of roughly $ million per week.Image source: Getty Images.Cheesecake Factory also benefited recently from Roark Capital investing $00 million through a convertible preferred investment, a transaction that bolsters Cheesecake Factory' Show less Read more
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