CEC Entertainment Inc., parent company of the 555-unit Chuck E. Cheese’s brand, said Thursday that its second-quarter profit rose 36 percent, but it warned of a choppy start to the third quarter. The Irving, Texas-based company said profit for the second quarter rose to $6.5 million, or 34 cents per share, from $4.8 million, or 22 cents per share, last year. Revenue increased 3 percent, to $186.2 million from $181 million in the prior-year period. Same-store sales for the second ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com