The Cheesecake Factory Incorporated Q1 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - Below are the earnings highlights for The Cheesecake Factory Incorporated (CAKE):
-Earnings: -$1.20 million in Q1 vs. -$136.16 million in the same period last year.
-EPS: -$0.03 in Q1 vs. -$3.11 in the same period last year.
-Excluding items, The Cheesecake Factory Incorporated reported adjusted earnings of $10.82 million or $0.20 per share for the period.
-Analysts projected -$0.06 per share
-Revenue: $627.42 million in Q1 vs. $615.11 million in the same period last year.
Copyright RTT News/dpa-AFX
© 2021 AFX News
A Glimpse into the Future of SEC Enforcement
natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
10 Biggest Price Target Changes For Thursday
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Agriculture
your username
March 4, 2021
Although settlements are starting to close some matters in the consolidated lawsuit purporting anticompetitive conduct in the chicken processing marketplace, some restaurants are just joining the matter, adding their allegations to many others. On Wednesday, The Cheesecake Factory Incorporated filed a complaint in the matter, and on Monday a complaint was filed by Supply Management Services, Inc., a Georgia corporation which supplies Popeyeâs restaurants. Â
The Cheesecake Factoryâs complaint, which has been moved into the Northern District of Illinois consolidated matter, cited that the California-based company operates 294 restaurants in the United States and Canada. It has contracted with the defendants, which includes multiple chicken processing companies, to provide its supply of broiler chickens through its distributors Nealy Foods, Inc. and Halpernsâ Steak and Seafood Company. These distributors reportedly