Chuck E. Cheese's Stock Symbol: What Investors Need To Know

what is chuck e cheese stock symbol

Chuck E. Cheese's parent company, CEC Entertainment, has had a tumultuous history on the stock market. CEC Entertainment, which owns 750 Chuck E. Cheese's and Peter Piper Pizza stores worldwide, returned to public trading in 2019 after a five-year hiatus. The company's stock symbol is CEC, and it trades on the New York Stock Exchange. However, in 2020, CEC Entertainment filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code due to the financial strain caused by the COVID-19 pandemic.

cycheese

CEC Entertainment Inc.'s stock ticker symbol is CEC

The company's venues are located in approximately 47 states and 16 countries and territories. Its franchisees operate approximately 186 venues located in 13 states and 15 countries and territories, including Chile, Colombia, Costa Rica, Guam, Guatemala, Honduras, India, Jordan, Mexico, Panama, Peru, Puerto Rico, Saudi Arabia, Trinidad and Tobago, and the United Arab Emirates.

CEC Entertainment, Inc. offers a range of food and beverage options at its venues, including pizzas, wings, appetizers, salads, desserts, and gluten-free options. They also serve soft drinks, coffee, tea, beer, and wine, with some locations offering lunch buffet options.

In addition to dining, CEC Entertainment provides arcade, redemption, and skill-oriented games, such as air hockey, skee-ball, and basketball. They also feature rides, including mini trains, motorcycles, and various driving games, as well as musical and comical entertainment and live performances.

The company has a history of financial challenges, having filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in 2020 due to the strain of COVID-19-related closures. However, they have taken steps to address these challenges and continue to operate in the market.

cycheese

CEC Entertainment Inc. is listed and trades on the NYSE stock exchange

CEC Entertainment Inc., the parent company of Chuck E. Cheese and Peter Piper Pizza, is listed and trades on the NYSE stock exchange under the ticker symbol "CEC". The company's stock price is currently $53.98.

CEC Entertainment Inc. is a family entertainment and dining company that develops, operates, and franchises family dining and entertainment centres. Their venues are located in approximately 47 states and 16 countries and territories, including the United States, Chile, Colombia, Costa Rica, Guam, Guatemala, Honduras, India, Jordan, Mexico, Panama, Peru, Puerto Rico, Saudi Arabia, Trinidad and Tobago, and the United Arab Emirates.

The company offers a range of food and beverage options, including pizzas, wings, appetizers, salads, desserts, and gluten-free options, as well as soft drinks, coffee, tea, beer, and wine. In addition to food and drinks, CEC Entertainment Inc. provides arcade, redemption, and skill-oriented games, rides, musical and comical entertainment, and live performances.

CEC Entertainment Inc. was founded in 1977 and is headquartered in Irving, Texas. In 2014, the company was acquired by private equity firm Apollo Global Management and taken private. However, in 2019, it was announced that CEC Entertainment Inc. would return to public trading on the NYSE through a merger with Leo Holdings, a special purpose acquisition company. As a result of the merger, Leo Holdings planned to change its name to Chuck E. Cheese Brands, with CEC Entertainment as its subsidiary.

cycheese

CEC Entertainment Inc. owns Chuck E. Cheese and Peter Piper Pizza

CEC Entertainment Inc. (CEC) owns and operates Chuck E. Cheese and Peter Piper Pizza, with venues located in approximately 47 states and 16 countries and territories. Chuck E. Cheese's parent company, Queso Holdings, is returning to the New York Stock Exchange (NYSE) under the ticker symbol "CEC".

CEC Entertainment Inc. develops, operates, and franchises family entertainment and dining centers in the United States and internationally. The company offers a range of food and beverage options, including pizzas, wings, appetizers, salads, desserts, and gluten-free choices. They also provide a variety of arcade and skill-oriented games, rides, and live entertainment.

The company was founded in 1977 and is headquartered in Irving, Texas. In 2014, CEC Entertainment was acquired by private equity firm Apollo Global Management for $948 million and taken private. As of 2019, CEC Entertainment reported net sales of $896 million across its 750 venues. More than half of its revenue comes from entertainment and merchandise, with the remaining 45% from food and beverages.

CEC Entertainment filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in 2020 due to the financial strain caused by the prolonged closures of its entertainment centers during the COVID-19 pandemic. The company intended to use the bankruptcy process to eliminate debt and emerge as a stronger company.

cycheese

Chuck E. Cheese's parent company is returning to the New York Stock Exchange

After five years, Chuck E. Cheese's parent company, CEC Entertainment Inc., is returning to public trading on the New York Stock Exchange (NYSE) under the ticker symbol "CEC". This move comes after a merger with publicly traded Leo Holdings, a special purpose acquisition company (SPAC) founded by executives of Lion Capital, a British private equity firm. The deal is expected to close in the second quarter of 2019, with Leo Holdings changing its name to Chuck E. Cheese Brands Inc.

CEC Entertainment Inc. operates and franchises family entertainment and dining centers under the names Chuck E. Cheese and Peter Piper Pizza. The company has venues in approximately 47 states and 16 countries and territories, with a total of 750 locations across the two brands. Chuck E. Cheese's unique selling proposition includes animatronic characters, arcade games, and entertainment alongside food and beverage offerings.

The decision to return to the public markets comes after CEC Entertainment Inc.'s acquisition by private equity firm Apollo Global Management in 2014 for $948 million. Apollo will retain its majority stake in the company, owning about 51% of the shares. The company's executives, including CEO Tom Leverton, will continue to lead from the company's headquarters in Irving, Texas.

In its 2018 fiscal year, CEC Entertainment reported net sales of $896 million, with more than half of its revenue coming from entertainment and merchandise, and the remaining 45% from food and beverage. The company has been working to revitalise its brand, investing in parent-friendly games, updating technology with gaming cards, and revamping its menu to include coffee drinks and more premium beer and wine.

The return to public trading on the NYSE is a significant development for Chuck E. Cheese's parent company, offering an opportunity to pay down debt, access capital markets, and continue its brand revitalisation strategy.

cycheese

CEC Entertainment Inc. is a family entertainment and dining company

CEC Entertainment Inc. operates under the names Chuck E. Cheese and Peter Piper Pizza, offering a range of food and beverage options, including pizzas, wings, appetizers, salads, desserts, and gluten-free options. Chuck E. Cheese also provides arcade and skill-oriented games, rides, and live entertainment and performances.

The company's stock symbol is CEC, and it is listed and trades on the NYSE stock exchange. In 2020, CEC Entertainment filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code due to the financial strain caused by the COVID-19 pandemic. The company has since reopened its locations with strict safety protocols in place.

CEC Entertainment Inc. has a rich history, starting in 1977 when Atari co-founder Nolan Bushnell opened Chuck E. Cheese's Pizza Time Theatre in San Jose, featuring a cast of animatronic characters led by Chuck E. Cheese, a rat in a bowler hat. The company has since expanded globally and continues to be a popular destination for family entertainment and dining.

Frequently asked questions

The stock ticker symbol for Chuck E. Cheese is CEC.

CEC is the stock ticker symbol for CEC Entertainment Inc., the parent company of Chuck E. Cheese and Peter Piper Pizza.

CEC Entertainment Inc. trades on the NYSE stock exchange.

As of December 20, 2024, the CEC Entertainment Inc stock price was 53.98.

Determining whether CEC Entertainment Inc. is a good stock to buy requires comprehensive analysis.

Written by
Reviewed by
Share this post
Print
Did this article help you?

Leave a comment