RTTNews | Sep 9, 2021 05:08PM EDT

17:08 Thursday, September 9, 2021 (RTTNews.com) - Shares of Dave & Buster's Entertainment, Inc. (PLAY) gained over 6% in extended trading session on Thursday after the company reported second-quarter results, with both earnings and revenues trumping Wall Street estimates.

Dave & Buster's reported second-quarter profit of $52.8 million or $1.07 per share, compared to a loss of $58.6 million or $1.24 per share last year. Analysts polled by Thomson Reuters estimated earnings of $0.58 per share for the quarter.

Revenues for the quarter surged to a record $377.6 million from $50.8 million last year. Analysts had a consensus revenue estimate of $358.46 million for the quarter.

Overall, comparable store sales increased 3.6% compared with the same period in 2019.

Looking forward to the third quarter, the company expects comparable store sales to be approximately in line with the quarter-to-date trends compared to third quarter 2019.

PLAY closed Thursday's trading at $35.44, up $0.67 or 1.93%, on the Nasdaq. The stock further gained $2.13 or 6.01% in the after-hours trade.

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