Cheesecake Factory 2Q net income rises 15%

Cheesecake Factory 2Q net income rises 15%

Same-store sales for namesake brand increase 2.8 percent

The Cheesecake Factory Inc. recorded a 15-percent increase in net income during its second quarter ended June 30, the company said Wednesday.

Second-quarter net income for the casual-dining operator was $34.7 million, or 69 cents per share, compared with $30 million, or 59 cents per share, a year ago.

Revenue was $529.1 million, a nearly 7-percent increase from $496.4 million a year ago.

Same-store sales for The Cheesecake Factory increased 2.8 percent, marki

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