Chewy and Dave & Busters trade lower despite earnings beats
The large-cap indices are trading mixed and little changed in a lackluster session. Briefly reviewing earnings news, shares of Chewy (CHWY 74.99, -4.40, -5.6%) and Dave & Busters (PLAY 43.33, -0.76, -1.7%) are trading lower despite both companies topping EPS estimates and guiding Q2 revenue above consensus. Dave & Busters also said its "brand is back." Overseas, the major European indices closed in positive territory. Germany's DAX gained 0.8%, UK's FTSE gained 0.6%, and France's CAC gained 0.8%. The Europe Stoxx 600 advanced 0.7%.