Cheesecake Factory EPS Beats, Revenue Up 5.6%

The Cheesecake Factory posted Q1 adjusted EPS $1.05, beating consensus $1.01, and revenue $978.8M versus $964.5M estimate.
Comparable restaurant sales rose 1.6% YoY, outpacing the casual dining sector despite weather-related headwinds.
GAAP net income increased to $49.5M ($1.02 EPS) from $32.9M ($0.67 EPS) year‑over‑year.
Company repurchased 332,000 shares for $19.2M and declared a $0.30 quarterly dividend payable May 26.