CAKE Q1 2024 Earnings — The Cheesecake Factory Incorporated Revenue & Financial Results | Market Cap Arena

CAKEThe Cheesecake Factory Incorporated

$3B

Q1 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$891M+2.9% YoY

Gross Profit

$367M41.2% margin

Operating Income

$39M4.4% margin

Net Income

$33M3.7% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

$29M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.5B

Stockholders' Equity

$332M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$891M	$866M	+2.9%
Gross Profit	$367M	$348M	+5.4%
Operating Income	$39M	$34M	+15.8%
Net Income	$33M	$28M	+18.3%

Revenue Segments

The Cheesecake Factory

$668M75%

Other Segments

$78M9%

Other FRC

$74M8%

North Italia

$71M8%