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This excerpt taken from the CAKE 8-K filed Feb 11, 2010. Calabasas
Hills, CA — February 11, 2010 — The
Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results
for the fourth quarter of fiscal 2009, which ended on December 29, 2009.
Total revenues were $400.6 million in the fourth quarter of fiscal 2009 as compared to $400.4 million in the prior year fourth quarter. Net income and diluted net income per share were impacted by certain charges recorded in the fourth quarter of fiscal 2009, as detailed below, resulting in a net loss and diluted net loss per share of $13,000 and $0.00, respectively.
In accordance with accounting rules, the Company recorded pre-tax, non-cash charges of $26.5 million related to the impairment of four Grand Lux Cafe restaurants in the fourth quarter of fiscal 2009. All of the Grand Lux Cafe locations remain open. In addition, the Company made a $2.2 million, pre-tax payment to unwind an interest rate collar in conjunction with a $50 million repayment on its revolving credit facility. Collectively, these items reduced reported diluted net income per share by approximately $0.28. Excluding these items, net income was $17.2 million and diluted net income per share was $0.28.
This excerpt taken from the CAKE 8-K filed Jan 12, 2010. Calabasas Hills, CA — January 12,
2010 — In advance of its
presentation today at the Cowen and Company 8th Annual Consumer Conference, The Cheesecake
Factory Incorporated (NASDAQ: CAKE) announced preliminary, unaudited revenues and
comparable restaurant sales for the fourth quarter of fiscal 2009, which ended
on December 29, 2009.
This excerpt taken from the CAKE 8-K filed Jan 5, 2010. Calabasas Hills, CA — January 5,
2010 — The Cheesecake Factory
Incorporated (NASDAQ: CAKE) today announced that it will present at the Cowen and Company 8th Annual Consumer Conference in New York City on
January 12, 2010 at 9:00 a.m. Eastern Time. David Overton, Chairman and CEO, and W. Douglas
Benn, Executive Vice President and CFO, will present on behalf of the Company.
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