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