=Cheesecake Factory (CAKE) reported earnings on Wed 3 May 2017 (a/h)

Cheesecake Factory misses by $0.01, misses on revs; should guide on call :

• Reports Q1 (Mar) earnings of $0.72 per share, excluding non-recurring items, $0.01 worse than the Capital IQ Consensus of $0.73; revenues rose 1.8% year/year to $563.43 mln vs the $569.9 mln Capital IQ Consensus.
• Comparable restaurant sales at The Cheesecake Factory restaurants increased +0.3% in Q1.
• Co says its Q1 results were in line with expectations as co posted its 29th consecutive quarter of positive comparable sales, again outperforming the casual dining industry.