The Cheesecake Factory Incorporated's board of directors declared a quarterly cash dividend of $0.12 per share on the company's common stock. The dividend is payable on May 21, 2013 to shareholders of record at the close of business on May 8, 2013. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s total revenues were $463.0 million compared to $435.8 million in the prior year first quarter. Income from operations was $36,787,000 compared to $30,219,000 for the same period a year ago. Income before income taxes was $35,477,000 compared to $29,071,000 a year ago. Net income was $25,292,000 compared to $20,722,000 a year ago. Diluted net income per share was $0.47 compared to $0.37 a year ago. Net income (non-GAAP) was $25,678,000 compared to $20,722,000 a year ago. Diluted net income per share (non-GAAP) was $0.47 compared to $0.37 a year ago. Cash flow from operations was approximately $45 million. Capital expenditures were $15 million. The company generated about $30 million in free cash flow. For the second quarter of 2013, the company estimates diluted earnings per share of between $0.55 and $0.57, based on an assumed range of comparable sales between 1% and 2%. For the full-year 2013, the company expects diluted earnings per share from $2.12 to $2.18 or 13% to 16% growth off a base of $1.88 in 2012. The company expects total capital expenditures will remain between $100 million and $120 million. Corporate tax rate expects to be approximately 29% for 2013. The company planned the openings of between 8 and 10 new restaurants in 2013, as well as expected openings in early 2014.

The Cheesecake Factory Incorporated Presents at Barclays Retail and Consumer Discretionary Conference, Apr-30-2013 09:00 AM. Venue: Barclays Office, 745 Seventh Avenue, New York, New York, United States. Speakers: Jill S. Peters, Vice President of Investor Relations, W. Douglas Benn, Chief Financial Officer and Executive Vice President.

A Whitefish Bay man recently won in court after he sued the Cheesecake Factory over food poisoning. Ghassan Batayneh became light headed, dizzy and passed out after eating a Mahi-mahi fish entrée at the Cheesecake Factory in the Bayshore Town Center. Doctors later diagnosed him with scombroid poisoning, a type of food poisoning often resulting from the consumption of spoiled fish. The Cheesecake Factory initially denied any responsibility for Batayneh's episode, the company later settled for $15,526.88.