The Cheesecake Factory Incorporated reported earnings results for the fourth quarter and full year ended January 02, 2024. For the fourth quarter, the company reported sales was USD 877.01 million compared to USD 892.8 million a year ago. Net income was USD 12.68 million compared to net loss of USD 3.3 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to basic loss per share from continuing operations of USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to diluted loss per share from continuing operations of USD 0.07 a year ago.
For the full year, sales was USD 3,439.5 million compared to USD 3,303.16 million a year ago. Net income was USD 101.35 million compared to USD 43.12 million a year ago. Basic earnings per share from continuing operations was USD 2.1 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 2.07 compared to USD 0.86 a year ago.