Dave & Buster’s 1st-Quarter Results Well Below Estimates, but Shares Jump After Hours

Date:

The casual dining and entertainment operator said its ‘back-to-basics’ strategy is driving a meaningful recovery in sales.

Faced with budget-conscious customers who are spending less on dining out and entertainment, Dave & Buster’s Entertainment Inc. on June 10 reported a near double-digit decline in same-store sales as it looked to rebound from a tough end to fiscal 2025.

During its after-market conference call with Wall Street analysts, Dave & Buster’s interim CEO Kevin Sheehan said the Texas-based casual dining and entertainment operator is still recovering from the abrupt resignation of former CEO Chris Morris in December 2024, which triggered a broader revamp of the company’s nationwide operations.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Urges Americans to Leave Iraq Immediately

US NewsAmerican citizens were urged to stay away from...

Iran Threatens Retaliation After US Attack on Kharg Island

A satellite image shows an oil terminal at Kharg...

Networking Is Key to Getting Hired, but Gen Z Feels Least Prepared, Study Finds

Signage for a job fair is seen on 5th...

Pentagon Identifies 6 Airmen Killed in Refueling Plane Crash in Iraq

A U.S. Air Force KC-135 Stratotanker refueling tanker aircraft...