Dave and Buster's Reports Downbeat Q1 Earnings, Joins Alvotech And Other Big Stocks Moving Lower In Tuesd

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.1% on Tuesday.

Shares of Dave and Buster's Entertainment, Inc (NASDAQ:PLAY) fell sharply in pre-market trading as the company reported downbeat earnings for the first quarter.

The company posted quarterly earnings of 22 cents per share, which missed the analyst consensus estimate of 61 cents per share.

The company reported quarterly sales of $559.200 million, which missed the analyst consensus estimate of $580.461 million.

Dave and Buster's shares dipped 13.4% to $10.67 in pre-market trading.