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Cheesecake Factory's Traffic Problems: Fool by Numbers

By Motley Fool Contributors – Updated Nov 15, 2016 at 4:11PM

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Fast facts the Fool way.

On Nov. 30, The Cheesecake Factory (NASDAQ:CAKE) released third-quarter earnings for the period ended Oct 3.

  • Comparable restaurant sales decreased 1.6%. The company blamed "macro trends" for slow traffic.

  • Net income decreased 16.5% to $18.1 million, following an overall increase in costs and expenses.

  • Year to date, the company has opened 15 new Cheesecake Factory restaurants and one Grand Lux Cafe.

  • Cheesecake Factory has a three-star rating in Motley Fool CAPS.

(Figures in millions, except per-share data)

Income Statement Highlights

Q3 2006

Q3 2005

Change

Sales

$325.3

$293.9

10.7%

Net Profit

$18.1

$21.7

(16.5%)

EPS

$0.23

$0.27

(14.8%)

Diluted Shares

78.7

80.2

(1.9%)



Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Gross Margin

75%

74.6%

0.4

Operating Margin

7.6%

10.9%

(3.3)

Net Margin

5.6%

7.4%

(1.8)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q3 2006

Q3 2005

Change

Cash + ST Invest.

$19.6

$21.1

(7.4%)

Accounts Rec.

No Data

No Data

No Data

Inventory

No Data

No Data

No Data


Liabilities

Q3 2006

Q3 2005

Change

Accounts Payable

No Data

No Data

No Data

Long-Term Debt

No Data

No Data

No Data



Learn the ways of the balance sheet.

Cash Flow Highlights
For a company known for generous portions, Cheesecake Factory was surprisingly stingy with its cash flow data.

Find out why Fools always follow the money.

Related Companies:

  • Jack in the Box (NYSE:JBX)
  • OSI Restaurant Partners (NYSE:OSI)
  • Triarc Companies (NYSE:TRY)
  • Darden Restaurants (NYSE:DRI)

Related Foolishness:

OSI Restaurant Partners is a Motley Fool Inside Value pick. Discover all of Philip Durell's bargain-priced stock selections with a free 30-day trial .

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.

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Stocks Mentioned

The Cheesecake Factory Incorporated Stock Quote
The Cheesecake Factory Incorporated
CAKE
$28.43 (-2.44%) $0.71
Darden Restaurants, Inc. Stock Quote
Darden Restaurants, Inc.
DRI
$122.39 (-2.44%) $-3.06

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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