June 27, 2016
Abstract The Cheesecake Factory(CAKE) operates throughout the United States and Puerto Rico as a full-service casual dining restaurants. They are known by their delicious varieties of cheesecakes. Currently, the Cheesecake Factory own and operate over 202 restaurants and continue to growth at a steady rate. The growth in sales have gain more than doubled earning in the past three years.
The shares of Cheesecake Factory Inc., mean rate according to NASDAQ: CAKE is 2.55. Four analysts have recommended the shares as buy, while another three recommends as outperform, and fourteen recommends to hold. In its latest …show more content…
Revenues | | Amount | Percent of
Revenues | Revenues | | $ | 553,693 | | | 100.0 | % | | $ | 517,973 | | | 100.0 | % | Costs and expenses: | | | | | | | Cost of sales | | | 130,773 | | | 23.6 | % | | | 126,612 | | | 24.4 | % | Labor expenses | | | 185,658 | | | 33.5 | % | | | 171,169 | | | 33.0 | % | Other operating costs and expenses | | | 129,557 | | | 23.4 | % | | | 123,435 | | | 23.8 | % | General and administrative expenses | | | 35,337 | | | 6.4 | % | | | 33,075 | | | 6.4 | % | Depreciation and amortization expenses | | |