Dave & Buster's Entertainment down after Q3 profit falls

Dave and Busters Entertainment,

06/12/2022 23:03

** Shares of entertainment and restaurant chain operator
Dave & Buster's Entertainment Inc  PLAY.O  down ~4% at $34.85
after market
    ** Company posts a fall in Q3 profit, hurt by rising
commodity and labor costs
    ** PLAY's Q3 net income fell to $1.9 mln, or 4 cents per
share, compared with $10.6 mln, or 21 cents per share, a year
earlier
    ** However, company beats Q3 revenue estimates 
    ** Q3 revenue rose 51.3% to $481.2 mln, vs est $473.6 mln -
Refinitiv
    ** As of Tuesday's close, company's shares down ~6% this
year
 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com; Twitter: https://twitter.com/AnanyaMariam))