Cheesecake Factory reports mixed 3Q

CALABASAS HILLS Calif. Cost savings of more than $8 million helped boost third-quarter profit nearly 38 percent at The Cheesecake Factory Inc., though sales declines continued, officials said Thursday.

For the quarter ended Sept. 29, The Cheesecake Factory reported net income of $16.3 million, or 27 cents per share, compared with $11.8 million, or 19 cents per share, for the same quarter last year.

Excluding interest costs on a revolving credit line,

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