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Article: Cheesecake Factory adjusting in bid to reheat shares.(MARKETPLACE)
- Article from:
- Los Angeles Business Journal
- Article date:
- July 3, 2006
- Author:
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Copyright informationCOPYRIGHT 2006 CBJ, L.P. 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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CHEESECAKE Factory Inc. might pile its plates high, but its stock has been falling down.
Last week, the perennial Wall Street darling experienced a 52-week low, with its shares hitting $25.21 on Wednesday. The basement price capped a three-month period that saw Cheesecake Factory shares dive 30 percent.
Investors reacted to an announcement by the Calabasas Hills-based restaurant company projecting that second-quarter same-store sales would be flat to slightly negative. For the first quarter, same-store sales dipped 1.3 percent, marking only the second time in around 13 years that Cheesecake Factory notched negative comps.
What's ailing the company that for so long ...
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Article: The Cheesecake Factory Opens in Brandon, Florida.
Business Wire;
April 24, 2007 ;
205 words
......HILLS, Calif. -- The Cheesecake Factory Incorporated (Nasdaq...opening of its 124th Cheesecake Factory restaurant at the Brandon...275 seats. About The Cheesecake Factory Incorporated The Cheesecake...
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