The Cheesecake Factory Incorporated CAKE reported fourth-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. Both top and bottom lines increased from the prior-year quarter’s figures.

Cheesecake Factory (CAKE) surpasses sales expectations with a 5% revenue rise and improved cost efficiency in Q4.

Restaurant company Cheesecake Factory (NASDAQ:CAKE) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 5% year on year to $921 million. Its non-GAAP profit of $1.04 per share was 13.7% above analysts’ consensus estimates.