Dave & Buster's Entertainment experienced a sharp 17% decline in its stock price after reporting second-quarter revenue of $544.1 million, which fell short of the $556.8 million consensus estimate from FactSet.
Additionally, the company's adjusted EBITDA of $98.9 million did not meet the expected $120.4 million, and it reported an unexpected adjusted loss of 27 cents per share, contrasting with the anticipated profit of 18 cents per share.
Enova International's shares dropped over 15% after the company announced it would withdraw its regulatory applications for the acquisition of Grasshopper Bancorp, although it maintained its third-quarter and full-year guidance and indicated plans to accelerate share repurchases.
Sysco's stock fell nearly 2% following the announcement of a common stock offering of 12.3 million shares at a price of $81 per share. In contrast, Etsy's shares rose by 3% after Oppenheimer upgraded the stock to outperform from perform, citing potential benefits from artificial intelligence in virtual shopping, and set a price target of $90, suggesting a 21% upside from the previous close