Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · The Cheesecake Factory (CAKE)

Cheesecake Factory Q4 revenue falls to $877.0 million; net income $12.7 million

Mixed Impact 3 of 5 earnings Written later

Cheesecake Factory reported fourth-quarter fiscal 2023 revenue of $877.0 million, down from $892.8 million a year earlier, when that quarter had 14 weeks instead of 13. Net income was $12.7 million, or $0.26 per diluted share, compared with a loss of $0.07 per share a year earlier, after a $35.6 million pre-tax net expense tied to asset impairments, lease terminations and acquisition-related items. The Board also declared a quarterly dividend of $0.27 per share.

Key points

  • Revenue was $877.0 million versus $892.8 million; excluding the extra week in the prior-year quarter, which the company said contributed about $78.4 million in sales, revenue rose 7.7%.
  • Diluted net income per share was $0.26, compared with a loss of $0.07 a year earlier; adjusted net income per share was $0.80, compared with $0.56.
  • Comparable restaurant sales at The Cheesecake Factory rose 2.5% year over year.
  • The Board declared a $0.27 per share dividend, payable March 19, 2024, to holders of record at the close of business on March 6, 2024.

The filing

CompanyThe Cheesecake Factory (CAKE)
Form8-K, current report
Filed with the SECFeb 21, 2024, 4:30 PM ET
Accession number0001104659-24-026056

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 21, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.