The Cheesecake Factory Reports Results for First Quarter of Fiscal 2024
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: Business Wire
CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the first quarter of fiscal 2024, which ended on April 2, 2024.Total revenues were $891.2 million in the first quarter of fiscal 2024 compared to $866.1 million in the first quarter of fiscal 2023. Net income and diluted net income per share were $33.2 million and $0.68, respectively, in the first quarter of fiscal 2024.The Company recorded a pre-tax net expense of $3.2 million related to impairment of assets and lease termination expenses and Fox Restaurant Concepts (“FRC”) acquisition-related items. Excluding the after-tax impact of these items, adjusted net income and adjusted net income per share for the first quarter of fiscal 2024 were $35.6 million and $0.73, respectively. Please see the Company’s reconciliation of non-GAAP financial measures at the end of this press release.Comparable restaurant sales at The Cheesecake Factory restaurants declin
Show less
Read more
Impact Snapshot
Event Time:
CAKE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAKE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAKE alerts
High impacting The Cheesecake Factory Incorporated news events
Weekly update
A roundup of the hottest topics
CAKE
News
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) had its price target raised by analysts at Bank of America Co. from $39.00 to $43.00. They now have a "neutral" rating on the stock.MarketBeat
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) had its price target raised by analysts at Stephens from $44.00 to $50.00. They now have an "overweight" rating on the stock.MarketBeat
- New Data Shows 89% of Cage-Free Egg Commitments Are Fulfilled by Food Corporations [Yahoo! Finance]Yahoo! Finance
- Cheesecake Factory (NASDAQ:CAKE) Is Paying Out A Dividend Of $0.27 [Yahoo! Finance]Yahoo! Finance
- The Cheesecake Factory Incorporated (NASDAQ:CAKE) Released Earnings Last Week And Analysts Lifted Their Price Target To US$38.19 [Yahoo! Finance]Yahoo! Finance
CAKE
Earnings
- 5/8/24 - Beat
CAKE
Sec Filings
- 5/15/24 - Form 4
- 5/14/24 - Form 144
- 5/8/24 - Form 10-Q
- CAKE's page on the SEC website