Cheesecake Factory: Q4 Earnings Insights
Shares of Cheesecake Factory (NASDAQ:CAKE) fell in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share fell 155.17% year over year to ($0.32), which missed the estimate of ($0.04).
Revenue of $554,552,000 decreased by 20.10% year over year, which missed the estimate of $602,740,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Feb 17, 2021
Time: 05:00 PM
Technicals
Company's 52-week high was at $57.20
Company's 52-week low was at $14.52
Price action over last quarter: Up 53.94%
Company Description
Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and others. Most of the company's revenue comes from The Cheesecake Factory restaurants segment.
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