Cheesecake Factory 3Q profit dips 6%

Cheesecake Factory 3Q profit dips 6%

Company says dairy, butter costs among headwinds

The Cheesecake Factory Inc. reported a 6-percent dip in net income for the third quarter ended Sept. 30, as costs for butter and dairy rose, the company said Wednesday.

The Calabasas Hills, Calif.-based casual-dining operator said some cost increases were “unprecedented,” as it saw third-quarter profit decline to $24.2 million, or 48 cents per share, from $27.5 million the previous year.

“There are clearly some significant external cost head

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