Chuck E. Cheese’s parent to revamp pizza

CEC sees lower profit but positive same-store sales in 4Q

Executives at CEC Entertainment Inc., parent to the 553-unit Chuck E. Cheese’s chain, said Thursday that an improved pizza product and planned remodels should help it continue same-store sales increases into this year.

CEC reported fourth-quarter net income fell 48 percent to $2.8 million, or 14 cents a share, from $5.4 million, or 24 cents a share, in the same period last year, which included an extra week. Revenue in the quarter, which ended Jan. 2, slipped 2.6 percent,

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