PART II

ITEM 5: MARKET FOR THE REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our common stock is listed on the Nasdaq Stock Market^® under the symbol CAKE. The following table sets forth, for the periods indicated, the high and low sales prices as reported on the Nasdaq Stock Market.

	High			Low
Fiscal 2002:
First Quarter	$	37.85		$	31.75
Second Quarter		43.55			33.29
Third Quarter		36.60			24.90
Fourth Quarter		37.70			27.95
Fiscal 2003:
First Quarter	$	37.58		$	27.27
Second Quarter		36.58			30.43
Third Quarter		38.90			31.58
Fourth Quarter		44.94			35.25

Since our initial public offering in September 1992, we have not declared or paid any cash dividends on our common stock. We currently intend to retain all earnings for the operation and expansion of our business. Although we have the financial capacity to consider paying a cash dividend and remain compliant with the covenants of our revolving credit and term loan facility, we have no current plans to do so. There were approximately 755 holders of record of our common stock at March 4, 2004 and we estimate there were approximately 20,705 beneficial stockholders on that date.