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Cheesecake Factory Reports Q3 Loss Per Share of $0.76

Published: 10/29/2020 21:06 GMT
Cheesecake Factory Inc (CAKE) – Reports Results for Third Quarter of Fiscal 2020 and Provides Business Update.
Q3 Revenue $517.7 Million Versus Refinitiv Ibes Estimate of $490 Million.
Q3 Adjusted Loss per Share $0.33 Excluding Items.
Q3 Loss per Share $0.76.
Q3 Earnings per Share Estimate $-0.42 — Refinitiv Ibes Data (analyst estimates).comparable Sales at Cheesecake Factory Restaurants Decreased 23.3% (not Approximately 7%) in Q3.
Q3 Revenue View $490.0 Million — Refinitiv Ibes Data (analyst estimates).
As of Today, About 90% of Co’s Restaurants Are Operating With Reopened Indoor Dining Rooms With Limited Capacity.

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