Key Developments: The Cheesecake Factory Inc (CAKE.OQ)
40.21USD
3:16pm EDT
$-0.20 (-0.49%)
$40.41
$40.29
$40.29
$39.53
79,889
221,264
$41.10
$29.44
Latest Key Developments (Source: Significant Developments)
Faruqi & Faruqi, LLP Launches Investigation Against The Cheesecake Factory Inc For Potential Breaches Of Fiduciary Duties By Board Of Directors
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a national securities firm headquartered in New York City, is investigating the Board of Directors of The Cheesecake Factory Incorporated for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's 2010 Stock Incentive Plan. Full Article
The Cheesecake Factory Inc Declares Quarterly Cash Dividend
The Cheesecake Factory Inc announced that the Board of Directors declared a quarterly cash dividend of $0.12 per share on the Company's common stock. The dividend is payable on May 21, 2013 to shareholders of record at the close of business on May 8, 2013. Full Article
The Cheesecake Factory Inc Raises Low End Of Prior FY 2013 EPS Outlook; Reaffirms FY 2013 Comparable Same Stores Sale Outlook; Issues Q2 2013 EPS Outlook Below Estimates-Conference Call
The Cheesecake Factory Inc announced that for fiscal 2013, it expects diluted earnings per share (EPS) in range $2.12 to $2.18, or 13% to 16% growth off a base of $1.88 in fiscal 2012. The comparable sale sensitivity associated with this EPS range is 1.5% to 2.5%. For second quarter of 2013, it expects diluted EPS of between $0.55 and $0.57 based on an assumed range of comparable sales between 1% and 2%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.14 for fiscal 2013 and EPS of $0.59 for second quarter of 2013. Full Article
The Cheesecake Factory Inc Issues Q1, FY EPS Guidance In Line With Analysts' Estimates; Issues Q1, FY 2013 Comparable Same Store Sales Guidance-Conference Call
The Cheesecake Factory Inc announced that for first quarter of 2013, it expects earnings per share (EPS) in the range of $0.40-$0.43 and comparable store sales between flat and 1%.. For fiscal 2013, it expects diluted earnings per share (EPS) growth of 12% to 15% or a range of $2.10 to $2.18, based on an assumed comparable sales range of between 1.5% and 2.5%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.43 for first quarter of 2013 and EPS of $2.14 for fiscal 2013. Full Article
The Cheesecake Factory Inc Declares Quarterly Cash Dividend
The Cheesecake Factory Inc announced that it has Board of Directors declared a quarterly cash dividend of $0.12 per share on the Company`s common stock. The dividend is payable on March 19, 2013 to shareholders of record at the close of business on March 6, 2013. Full Article
The Cheesecake Factory Inc Names David M. Gordon As President
The Cheesecake Factory Inc announced that it named David M. Gordon as President of The Cheesecake Factory Incorporated, effective immediately. Mr. Gordon most recently served as Chief Operating Officer of The Cheesecake Factory and Grand Lux Cafe restaurants. Full Article
The Cheesecake Factory Inc Opens Two Restaurants In Miami, Florida And Orland Park, Illinois
The Cheesecake Factory Inc announced the opening of its two newest restaurants in Miami, FL and Orland Park, IL. Full Article
The Cheesecake Factory Inc Issues Q4 2012 EPS Outlook Below Estimates; Updates FY 2012 EPS Outlook; Issues FY 2013 EPS Outlook; Comments On Q4 2012, FY 2013 Comp Store Sales Outlook-Conference Call
The Cheesecake Factory Inc announced that for the fourth quarter of 2012, the Company estimate diluted earnings per share (EPS) of between $0.50 and $0.53, EPS range is based on an assumed range of comparable sales between 1% and 2%. The Company's earnings range for the fourth quarter will contribute to overall earnings per share growth expectations of 14% to 16% in fiscal 2012 as compared to fiscal 2011. For fiscal 2013, the Company is currently estimating diluted earnings per share in a range of $2.10 to $2.18 based on an assumed comparable range of comp store sales of between 1.5% and 2.5%. The Company reported EPS of $1.64 in fiscal 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.54 for the fourth quarter of 2012, EPS of $1.91 for fiscal 2012 and EPS of $2.16 for fiscal 2013. Full Article
The Cheesecake Factory Inc Declares Quarterly Cash Dividend
The Cheesecake Factory Inc announced that the Board of Directors declared a quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on November 20, 2012 to shareholders of record at the close of business on November 7, 2012. Full Article
The Cheesecake Factory Inc Opens in Lawrenceville, New Jersey
The Cheesecake Factory Inc announced the opening of its newest Cheesecake Factory restaurant at the Quaker Bridge Mall in Lawrenceville, New Jersey. The restaurant opened on September 19, 2012 and contains approximately 8,700 square feet and 230 seats. Full Article
BRIEF-Cheesecake Factory shares up 4.5 pct after the bell following results
NEW YORK, April 24 - The Cheesecake Factory Inc : * Shares were up 4.5 percent after the bell following the release of its results.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
