** Shares of restaurant chain operator Dave & Buster's
Entertainment PLAY.O up 8.4% at $32.31 in after-hours trading
** Company tops Q2 adj profit ests. as pricing actions and
menu innovation help margins
** Company has been remodeling its stores and refreshing its
menu to appeal to consumers wary of dining out
** PLAY's Q2 adj profit of $1.12/shr beats ests. of 84 cents
- LSEG data
** Q2 revenue rises 2.8% year-on-year to $557.1 mln but
falls short of ests. of $560.6 mln, while comparable sales drop
6.3%
** Shares down 44.1% YTD
(Reporting by Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com;))