— Shares of Dave & Buster's plunged more than 21% on a disappointing quarterly report. The restaurant and entertainment company reported earnings of $1.13 per share on $364 million in revenue, both missing consensus estimates from Refinitiv. The company also lowered its full-year revenue guidance.
— The retailer's stock fell more than 4% on the back of a bigger-than-expected drop in quarterly same-stores sales. Chico's reported same-store sales dropped 7% in the previous quarter, while analysts polled by Refinitv expected a slide of 6.6%. The weak sales offset stronger-than-forecast earnings.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Dave & Buster's, Medidata, and moreSee which stocks are posting big moves after the bell on June 11. Because bots dominate pre and after market trading volumes, that moment for retails traders has long gone. Of course, Dave and Buster's has a good happy hour.
Source: CNBC - 🏆 12. / 72 Read more »
Mattel rejects another merger bid from rival MGA EntertainmentBratz doll and L.O.L. Surprise maker MGA Entertainment again offered to merge with Mattel, and Mattel again said no. Surprising that reporter and editor opted not to include the fascinating back story ... Mattel has been at war with Larian for 15 years.
Source: latimes - 🏆 11. / 82 Read more »
Mattel rejects renewed merger bid from rival MGA EntertainmentToymaker Mattel Inc last week rejected another merger offer from Bratz doll make...
Source: Reuters - 🏆 2. / 97 Read more »
Mattel shares jump 8% on reports of rejected merger offerMattel Inc. stock jumped almost 8% in early Wednesday trading after reports that the toy company turned down a merger offer from MGA Entertainment Inc., the...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves midday: Beyond Meat, GrubHub, Symantec & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »