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Cheesecake Factory Q3 Adjusted Income, Revenue Increase -- Shares Up After Hours
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Cheesecake Factory Q3 Adjusted Income, Revenue Increase -- Shares Up After Hours
Nov 3, 2024 2:31 PM

05:49 PM EDT, 10/29/2024 (MT Newswires) -- Cheesecake Factory ( CAKE ) reported Q3 adjusted net income late Tuesday of $0.58 per share, up from $0.39 a year earlier.

Analysts polled by Capital IQ expected $0.49.

Revenue for the quarter ended Oct. 1 was $865.5 million, up from $830.2 million a year earlier.

Analysts surveyed by Capital IQ expected $866.1 million.

The company's board maintained its quarterly dividend at $0.27 a share, payable on Nov. 26 to shareholders as of Nov. 13.

Shares were up more than 4% in recent after-hours activity.

Price: 44.75, Change: +1.89, Percent Change: +4.41

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