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Article: The Cheesecake Factory Reports Record Revenues for the Third Quarter Ended September 27, 2005.
- Article from:
- Business Wire
- Article date:
- October 18, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALABASAS HILLS, Calif. -- The Cheesecake Factory Incorporated (Nasdaq:CAKE) today reported record revenues for the fiscal third quarter ended September 27, 2005. Highlights for the third quarter compared to the same quarter last year are as follows:
--Total revenues increased 18% to $292.8 million
--Comparable restaurant sales increased 0.9% at The Cheesecake Factory and 3.8% at the Grand Lux Cafe
--Operating income increased 41% to $32.4 million
--Net income increased 43% to $21.9 million