The Cheesecake Factory Incorporated provided sales guidance for the first quarter of 2020. The company provided a preliminary first quarter fiscal 2020 sales update given the impact of COVID-19. First quarter fiscal 2020 comparable restaurant sales at The Cheesecake Factory restaurants are expected to be down approximately 13%. These results reflect quarter-to-date through February comparable sales growth of approximately 3%, which was above the broader casual dining industry trend during that period. March comparable sales declined approximately 46%, reflecting the impact of COVID-19.