Dave & Buster’s Entertainment, Inc. owns and operates entertainment and dining venues for adults and families. Dave & Buster’s owns and operates 125 venues in 39 states, Puerto Rico, and Canada.
Shares of Dave & Buster’s Entertainment Inc. are down double digits due to first-quarter sales and profit that missed Wall Street expectations and forward guidance is lowered than expectations.
Dave & Buster’s said it earned $42.4 million vs. $42.2 million, in the first quarter a year ago, while revenue rose to $363.6 million from $332.2 million a year ago.
However, the company said its same-store sales fell 0.3% driven by a decline
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