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The Cheesecake Factory Reports Results for Fourth Quarter of Fiscal 2024

1. Cheesecake Factory's Q4 revenue rose to $921M, reflecting strong growth. 2. Net income increased to $41.2M, indicating improved profitability.

Earnings
+1.25%Current Return
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-0.39%S&P 500
$54.2902/19 04:41 PM EDTEvent Start
$54.9702/20 11:00 PM EDTLatest Updated
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FAQ

Why Bullish?

The revenue and income growth suggests positive operational momentum, similar to past quarters showing upward trends in stock prices.

How important is it?

Earnings reports significantly affect stock valuation; hence, positive results hold substantial importance.

Why Short Term?

Immediate positive financial results usually drive short-term stock price reactions in the market.

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DARDTAST
CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the fourth quarter of fiscal 2024, which ended on December 31, 2024. Total revenues were $921.0 million in the fourth quarter of fiscal 2024 compared to $877.0 million in the fourth quarter of fiscal 2023. Net income and diluted net income per share were $41.2 million and $0.83, respectively, in the fourth quarter of fiscal 2024. The Company recorded pre-tax net expe.

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