Cheesecake Factory Posts Increases in Net Income

Cheesecake Factory Inc. reported net income for the fourth quarter ended Dec. 28, of $7 million compared with $3 million for the same period the previous year. Revenue rose to $95 million from $72.9 million. For the year ended in December, the Calabasas-based company reported net income of $21.7 million compared with $7.7 million for the previous year. Revenue rose to $347.5 million compared with $265.223 million.

The company operates more than 30 restaurants and a commercial bakery.