Cheesecake Factory’s Sales Rise Nearly 2 Percent in 3Q
The Cheesecake Factory Incorporated reported financial results for the third quarter of fiscal 2016, which ended on September 27.
Total revenues were $560 million in the third quarter of fiscal 2016 as compared to $526.7 million in the third quarter of fiscal 2015.
Comparable restaurant sales at The Cheesecake Factory restaurants increased 1.7 percent in the third quarter of fiscal 2016.
“We delivered our 27th consecutive quarter of positive comparable sales as we continue to create unique dining experiences for our guests, supporting consistent and predictable performance,” says David Overton, chairman and chief executive officer. “We meaningfully outpaced the casual