AI brief of an SEC Form 8-K · The Cheesecake Factory (CAKE)

Cheesecake Factory Q1 revenue rises to $891.2 million; diluted EPS $0.68

Positive Impact 3 of 5 earnings Written later

The Cheesecake Factory reported first-quarter fiscal 2024 revenue of $891.2 million, up from $866.1 million a year earlier, and net income of $33.2 million, or $0.68 per diluted share, compared with $0.56 a year earlier. Comparable restaurant sales at The Cheesecake Factory restaurants declined 0.6%, and the Board declared a $0.27 quarterly dividend.

Key points

  • Revenue of $891.2 million versus $866.1 million in the first quarter of fiscal 2023
  • Net income of $33.2 million; diluted EPS of $0.68 versus $0.56 a year earlier
  • Adjusted diluted EPS of $0.73 excludes a $3.2 million pre-tax net expense tied to asset impairments, lease terminations and FRC acquisition-related items
  • Quarterly dividend of $0.27 per share, payable June 4, 2024 to holders of record on May 22, 2024

The filing

CompanyThe Cheesecake Factory (CAKE)
Form8-K, current report
Filed with the SECMay 8, 2024, 4:30 PM ET
Accession number0001104659-24-058691

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 May 08, 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.