Dave & Buster’s stock heads lower after hours after Q3 earnings

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Dave & Buster’s Entertainment Inc. PLAY, -2.79% fell around 7% in the extended session Tuesday despite a beat for the restaurant and entertainment chain’s third-quarter results. Dave & Buster’s earned $1.9 million, or 4 cents a share, compared with $10.6 million, or 21 cents a share, in the third quarter of 2021. Revenue rose 51% to $481.2 million, a record for the company, it said. FactSet consensus called for earnings of 2 cents a share on sales of $471 million. Shares of Dave & Buster’s ended the regular trading day down 2.8%.

This article was originally published by Marketwatch.com. Read the original article here.

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