CEC Entertainment Says 2016 Q2 Same-Store Sales Rise 2.6%

Posted On: 8/26/2016

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TAGS: CEC Entertainment Inc., Chuck E. Cheese's same-store sales, CEC Entertainment 2016 second quarter report, Peter Piper Pizza

IRVING, TX -- CEC Entertainment Inc. said its same-store sales rose 2.6% during the second quarter, ended July 3. CEC operates Chuck E. Cheese's and Peter Piper Pizza restaurants and entertainment centers (598 and 141, respectively).

CEC's second-quarter revenue increased 2.1% to $216.6 million. The company reported a net loss of $9.1 million, compared with $9.9 million for the 2015 second quarter. Adjusted EBITDA for the 2016 second quarter increased $0.3 million over the prior-year period to $41.4 million.

Click here to see CEC Entertainment Inc.'s full financial results and consolidated earnings statements for its 2016 second quarter.