IRVING Texas CEC Entertainment Inc., operator and franchisor of the 537-unit Chuck E. Cheese’s pizza and entertainment chain, reported today a 32.9-percent increase in net income for the second quarter on increased revenue and a large year-to-year drop in asset impairment charges. For the quarter ended June 29, CEC earned $11.3 million, or 48 cents per share, versus $8.5 million, or 26 cents per share, in the same quarter last year. Asset impairment expenses were slashed to ...
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Contact: Desiree Torres Desiree.Torres@penton.com