Cheesecake Factory Shares Snapped Up Tuesday, Here's Why

Restaurant company Cheesecake Factory Inc CAKE reported better-than-expected financial results for the second fiscal quarter after market close Tuesday.How is CAKE stock moving? See real-time price here.What Happened: Cheesecake Factory reported second-quarter revenue of $955.8 million, up 5.7% from last year's second quarter total of $904 million. The revenue beat a Street consensus estimate of $946.79 million according to data from Benzinga Pro.The company reported adjusted earnings per share of $1.16 in ...