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The Cheesecake Factory

(CAKE) - Get The Cheesecake Factory Incorporated Report

slipped 5.3% in after-hours trading Tuesday after the restaurant operator said it expects flat to slightly negative comparable sales and a roughly 12% increase in revenue for the second quarter of fiscal 2006.

The company said it's making the forecast "in light of the macro trends impacting the restaurant industry." A year ago, the company said revenue increased 23% to $288.3 million. Analysts polled by Thomson First Call are looking for the company to report revenue of $332.5 million. Shares dropped $1.47, or 5.3%, to $26.27 in after-hours trade Tuesday.


(NKE) - Get Nike Inc. Report

lost ground after the athletic shoe and apparel company said fourth-quarter earnings fell 5% from a year ago due to an arbitration-related charge. Excluding that item, earnings rose 4% from a year ago but missed Wall Street estimates.

Nike earned $332.8 million, or $1.27 a share, in the quarter, compared with $349.5 million, or $1.30 a share, a year ago. A ruling in arbitration with Converse reduced earnings in the latest quarter by 12 cents a share. Before that, Nike's profit of $1.39 a share was a penny light. Fourth-quarter sales rose 8% from a year ago to $4.01 billion, topping the consensus estimate of $3.98 billion compiled by Thomson First Call. Nike didn't provide earnings guidance in its fourth-quarter release, but did say future orders totaled $6.6 billion, up 5% from a year ago. The outlook was about 20 basis points south of the Street consensus. Shares fell $1.38, or 1.7%, to $82.25 in after-hours trade.


(RMBS) - Get Rambus Inc. Report

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stumbled after the Los Altos, Calif.-based company, which makes and licenses chip interface technologies, said it may need to restate its financial statements for prior fiscal periods after conducting an internal audit.

Rambus said it may need to record additional non-cash charges for stock-based compensation expense related to prior periods, but it has not yet determined the tax impact that may result. Shares fell $1.32, or 5.7%, to $21.81 after hours.

CNET Networks

(CNET) - Get ZW Data Action Technologies Inc. Report

retreated after the San Francisco-based media company said it had received a grand jury subpoena from the U.S. Attorney for the Northern District of California requesting records pertaining to the granting of stock options. CNET said the request follows its May 22 announcement that its board had appointed a special committee of independent directors to conduct an internal investigation relating to past option grants, the timing of the grants and related accounting matters, and the company's May 24 announcement that it had received notice that the

Securities and Exchange Commission

is conducting an informal inquiry into its stock option grants. Shares fell 30 cents, or 3.6%, to $8.37 recently.

Vector Group

(VGR) - Get Vector Group Ltd. Report

dropped 58 cents, or 3.6%, to $15.68 in after-hours trade Tuesday. The Miami-based cigarette company announced after the market close its plan to offer $85 million of senior convertible debentures due 2026 in a private placement. The debentures will be convertible into Vector common stock, at the holder's option, at a price to be determined. Vector intends to use the net proceeds of the offering to call the remaining $63.1 million principal amount of its 6.25% convertible subordinated notes due July 15, 2008, and for general corporate purposes.