Cheesecake Factory 2Q net income rises 5%

Cheesecake Factory 2Q net income rises 5%

Same-store sales positive for 18th consecutive quarter

The Cheesecake Factory Inc. reported Wednesday a 5-percent increase in net income for the second quarter ended July 1, and positive same-store sales for the 18th consecutive quarter, despite continued declines for Grand Lux Cafe.

This year, The Cheesecake Factory expects to open 10 new corporate restaurants in the U.S. The company opened one new restaurant during the quarter and relocated another.

Last week, the first Cheesecake Factory restaurant opened in M

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