Dave & Buster’s Entertainment reported lower-than-expected 2Q revenues. Its top-line plunged 85% to $50.8 million year-on-year and missed analysts’ expectations of $80.9 million. Shares of the restaurant and entertainment business operator fell 1.8% in the extended trading session on Thursday.Dave & Buster’s (PLAY) reported a net loss of $1.24 per share compared with the year-ago quarter’s earnings per share of $0.90. However, the quarterly loss was smaller than the Street consensus of $1.39. Dave & Buster’s 2Q performance reflects the negative impact of COVID-19 pandemic-led restrictions on store openings, the company said.Looking ahead, the company is optimistic about its business …read more
Source:: Yahoo Finance
