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 ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.