PREMARKET MOVES | Dave & Buster's Falls 17% on Q2 Miss; Enova Drops 15% After Withdrawing Grasshopper Bancorp Applications

According to CNBC, Dave & Buster's Entertainment shares plunged 17% in premarket trading after the arcade and restaurant company's second-quarter results disappointed investors. Reported revenue of $544.1 million missed the $556.8 million FactSet consensus estimate, and adjusted EBITDA of $98.9 million missed the expected $120.4 million. The company posted an unexpected adjusted loss of 27 cents per share, missing the 18 cents profit per share expected by analysts polled by FactSet. Enova International tumbled more than 15% after the online provider of loans and credit services said it is withdrawing its regulatory applications for the proposed acquisition of Grasshopper Bancorp; it reaffirmed third-quarter and full-year guidance and announced an intention to accelerate share repurchases. Sysco slid nearly 2% after the wholesale distributor to restaurants, hospitals and schools announced a common stock offering of 12.3 million shares priced at $81 per share. Etsy rose 3% after Oppenheimer upgraded the online marketplace to outperform from perform, saying it will likely get a boost from artificial intelligence for virtual shopping, and set a $90 price target suggesting 21% upside from Monday's close.