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16.06.26 - 16:36
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Yum to Sell Pizza Hut; Dave & Buster′s Sinks | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- Yum! Brands (YUM) agreed to sell its struggling Pizza Hut chain for $2.7 billion to a private equity firm and its China business. LongRange Capital will acquire Pizza Hut ex-China for $1.5 billion, Yum said in a statement Tuesday. Yum China Holdings Inc. will buy the rest of the business for $1.2 billion. The transactions are expected to close in the third quarter.
- Dave & Buster's (PLAY) shares tumble after the operator of restaurant and entertainment facilities reported comparable sales for the first quarter that missed the average analyst estimate. Research firm Benchmark downgraded the stock, citing a lack of confidence that same-store sales will stabilize/eventually turn positive this year.
- Robinhood Markets (HOOD) shares are up after it said it is reducing its full-time employee workforce by 10%, and also closing a small number of open roles. (Source: Bloomberg)...
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01.06.26 - 22:09
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Dave & Buster′s Entertainment, Inc. to Report First Quarter 2026 Financial Results on June 15, 2026 (GlobeNewswire EN)
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DALLAS, June 01, 2026 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner, operator, and franchisor of entertainment and dining venues, today announced that it will report financial results for its first quarter ended May 5, 2026 after the market closes on Monday, June 15, 2026....
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