The Cheesecake Factory Reports Results for First Quarter of Fiscal 2021 and Provides Business Update
The Cheesecake Factory Incorporated reported financial results for the first quarter of fiscal 2021, which ended on March 30, 2021.
Total revenues were $627.4 million in the first quarter of fiscal 2021 compared to $615.1 million in the first quarter of fiscal 2020. Net loss available to common stockholders and diluted net loss per common share were $1.2 million and $0.03, respectively, in the first quarter of fiscal 2021.
During the first quarter of fiscal 2021, the Company recorded COVID-19 related charges of $4.9 million, for costs such as sick and vaccination pay, healthcare and...
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