Dave & Buster's Gains 10%+ After Hours on Fiscal Q2 EPS Beat

PLAY rose 13.7% to $33.96 shortly before 4:25 p.m. ET after the company said it earned $1.12 per share in the three months ended Aug. 6 – beating the $0.86 that analysts' consensus estimate reportedly called for.

However, the chain also said revenues came in at $557.1 million, trailing the $560.6 million that the Street had been expecting.

Still, CEO Chris Morris said in a statement announcing the results that "we are pleased with the progress we are making on our strategic initiatives and on the strong financial results achieved during the quarter. During the quarter, we grew revenue and adjusted EBITDA, expanded our adjusted EBITDA margins and generated strong operating cash flow, which allowed us to invest in the business and return cash to shareholders.”

PLAY said it repurchased $47.4 million of its stock during the latest quarter, bringing total repurchases for the fiscal year to $60 million. Management said $140 million remains on its current share-repurchase authorization.