Dave & Buster's

Dave & Buster's Reports Fourth Quarter and Fiscal Year End 2023 Financial Results

Retrieved on: 
Tuesday, April 2, 2024
CSA, ROI, Growth, Dave & Buster's, Partnership, D&B, Line of credit, Adjustment, Investment, Annual report, Depreciation, Share repurchase, Central Time, Total, Weather, Video game

Adjusted EBITDA of $151.8 million, or 25.3% of revenue, in the quarter increased 9.7% from the fourth quarter of 2022.

Key Points: 
  • Adjusted EBITDA of $151.8 million, or 25.3% of revenue, in the quarter increased 9.7% from the fourth quarter of 2022.
  • The 14th week in the fourth quarter, also the 53rd week in the fiscal year, contributed $39.5 million in revenue.
  • The Company opened six new Dave & Buster's stores in the fourth quarter for a total of 16 new stores (11 Dave & Buster's and 5 Main Events) in fiscal 2023.
  • Fourth quarter 2023 pro forma combined comparable store sales compares the 14-week period of the fourth quarter of fiscal 2023 to the most comparable 14-week period of fiscal 2022 and 2019, respectively.

Dave & Buster’s Entertainment, Inc. to Report Fourth Quarter and Fiscal Year End 2023 Financial Results on April 2, 2024

Retrieved on: 
Tuesday, March 19, 2024
Central Time, Dave & Buster's

DALLAS, March 19, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its fourth quarter and fiscal year ended February 4, 2024 after the market closes on Tuesday, April 2, 2024.

Key Points: 
  • DALLAS, March 19, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its fourth quarter and fiscal year ended February 4, 2024 after the market closes on Tuesday, April 2, 2024.
  • Management will host a conference call to report these results on Tuesday, April 2, 2024, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time).
  • Participants can access the conference call by dialing toll-free (877) 883-0383.
  • Additionally, a live and archived webcast of the conference call will be available under the Investor Relations section of the Company’s website at ir.daveandbusters.com.

Dave & Buster’s International Growth Momentum Continues

Retrieved on: 
Monday, April 1, 2024
Teens, Women, Entertainment, Men, Other Entertainment, General Entertainment, Restaurant, Bar, Family, Consumer, Retail, Partnership, Multimedia, Dave & Buster's, Food, International development

Dave & Buster's Entertainment, Inc, Dave & Buster’s the ultimate destination for food, drink and entertainment is proud to announce its continued international expansion with a pivotal franchise agreement.

Key Points: 
  • Dave & Buster's Entertainment, Inc, Dave & Buster’s the ultimate destination for food, drink and entertainment is proud to announce its continued international expansion with a pivotal franchise agreement.
  • Positioned to extend its global presence, Dave & Buster’s has finalized a deal to open two locations in the Dominican Republic, elevating the total to 33 stores slated for international development.
  • View the full release here: https://www.businesswire.com/news/home/20240401479317/en/
    Antonio Bautista, Chief International Development Officer at Dave & Buster’s, shared his excitement about entering the market.
  • "We are delighted to announce our expansion into the Dominican Republic, marking a noteworthy milestone in our global growth strategy.

Dave & Buster's "Bracket Busters" Gives Fans a Slam Dunk with Up to 1 Million Game Chip Giveaway for Busted College Basketball Brackets

Retrieved on: 
Tuesday, March 19, 2024
Friends, Mania, Dave & Buster's, Television

COPPELL, Texas, March 19, 2024 /PRNewswire/ -- Today, Dave & Buster's, the ultimate sports watching, entertainment and restaurant destination for families and friends, is making hoop dreams come true with "Bracket Busters" giveaway of up to 1 million game chips for fans who submit a busted bracket. The bigger the bust, the bigger the reward of free game play at Dave & Buster's.

Key Points: 
  • The bigger the bust, the bigger the reward of free game play at Dave & Buster's.
  • "And for people juggling work with play, join us to kick off the mayhem and work while you watch at Dave & Buster's."
  • Upset fans can submit their busted bracket by following @daveandbusters and direct messaging Dave & Buster's on Instagram with a picture of their bracket for a up to 1 million game chip giveaway (while supplies last).
  • For full Bracket Buster rules along with more information on how fans can make the most of March with Dave & Buster's exclusive new offers, visit Dave & Buster's Bracket Busters .

Dave & Buster's Teams Up with DJ Pauly D to Launch "Spring Break For All" Featuring All-Inclusive Spring Break Pass and New Limited Time Menu

Retrieved on: 
Tuesday, March 12, 2024
Friends, Funnel cake, Dave & Buster's, Pauly D, Pass, Partnership, Spring break, Hope, SHO, Family, All, Movement, Nightclub

COPPELL, Texas, March 12, 2024 /PRNewswire/ -- Today, Dave & Buster's, the ultimate entertainment, sports watching and restaurant destination for families and friends, announces a new campaign, "Spring Break for All" in partnership with Spring Break legend  DJ Pauly D, featuring a first-of-its-kind All-Inclusive Spring Break Pass for just $8 a day for ten whole days of unlimited games - from arcade classics to air hockey -and free chips & queso.

Key Points: 
  • "Our 'Spring Break for All' movement embodies our belief that fun is all-inclusive," said Megan Tobin, Chief Marketing Officer for Dave & Buster's.
  • "And until Spring Break is officially for both adults and kids, our hope is the new Spring Break All-Inclusive Pass and 4 SHO' limited-time menu will have your entire family and crew joining the movement."
  • That's why Dave & Buster's is going even further to champion Spring Break for All, rallying Spring Break supporters across the country to help make Spring Break an official holiday and sign the Spring Break for All online petition .
  • "I've lived my life like one big Spring Break," said DJ Pauly D. "So when Dave & Buster's asked me to join their movement to help bring Spring Break to all ages, it was a no-brainer to team-up."

Dave & Buster’s Entertainment, Inc. Announces Opportunistic Term and Revolving Loan Repricing

Retrieved on: 
Friday, January 19, 2024
JPMorgan Chase, Fifth Third Bank, Dave & Buster's, Capital One, Form, National Association, Wells Fargo, Chase Bank, Security (finance)

Term loans now bear an interest rate of SOFR + 325 basis points (versus SOFR + 375 prior to the amendment).

Key Points: 
  • Term loans now bear an interest rate of SOFR + 325 basis points (versus SOFR + 375 prior to the amendment).
  • There are no changes to the maturity of the outstanding term loans and revolving loans as a result of the repricing.
  • Deutsche Bank Securities Inc., JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, BMO Capital Markets Corp., Truist Securities Inc., Capital One, N.A.
  • Please refer to the Form 8-K filed with the SEC for additional information on the amended credit agreement.

Dave & Buster’s Announces the Retirement of Michael Quartieri, Chief Financial Officer

Retrieved on: 
Wednesday, December 20, 2023
Acquisition, Dave & Buster's, Family, Retirement, Pleasure, Management

DALLAS, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that its Chief Financial Officer, Michael Quartieri, will be retiring from the Company effective April 30, 2024.

Key Points: 
  • DALLAS, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that its Chief Financial Officer, Michael Quartieri, will be retiring from the Company effective April 30, 2024.
  • He will continue to serve as Chief Financial Officer until his successor is appointed and provide advisory services to ensure a smooth transition prior to his retirement date.
  • "On behalf of the management team and our Board, I want to thank Michael for his significant contributions and leadership over the past two years at Dave & Buster’s," said Chris Morris, Chief Executive Officer of Dave & Buster’s.
  • The Dave & Buster’s team wishes him a prosperous future as he moves into the next phase of his life.

Dave & Buster’s Reports Third Quarter 2023 Financial Results, Repurchases $100 Million of Shares and Executes Sale Leaseback of Four Properties for $86 Million

Retrieved on: 
Tuesday, December 5, 2023
Marketing, Depreciation, Sale, Credit, Central Time, Investment, Total, Dave & Buster's, COVID, Adjustment, Food, Face, Share repurchase, D&B, Supplement, Video game

Adjusted EBITDA of $81.6 million, or 17.5% of revenue, in the quarter decreased 5.2% from the third quarter of 2022.

Key Points: 
  • Adjusted EBITDA of $81.6 million, or 17.5% of revenue, in the quarter decreased 5.2% from the third quarter of 2022.
  • The Company opened two new Dave & Buster's stores and one new Main Event store in the third quarter.
  • Total share repurchases to date in fiscal 2023 are 8.5 million shares totaling $300.0 million and representing 17.5% of the Company's outstanding shares as of the end of fiscal 2022.
  • The Company has $100 million remaining on its share repurchase authorization at the end of the third quarter of 2023.

Dave & Buster’s Entertainment, Inc. to Report Third Quarter 2023 Financial Results on December 5, 2023

Retrieved on: 
Tuesday, November 21, 2023
Central Time, Dave & Buster's

DALLAS, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its third quarter ended October 29, 2023 after the market closes on Tuesday, December 5, 2023.

Key Points: 
  • DALLAS, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its third quarter ended October 29, 2023 after the market closes on Tuesday, December 5, 2023.
  • Management will host a conference call to report these results on Tuesday, December 5, 2023, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time).
  • Participants can access the conference call by dialing toll-free (877) 883-0383.
  • Additionally, a live and archived webcast of the conference call will be available under the Investor Relations section of the Company’s website at ir.daveandbusters.com.

DAVE & BUSTER'S ANNOUNCES PARTNERSHIP WITH BLUMHOUSE'S FIVE NIGHTS AT FREDDY'S, FROM UNIVERSAL PICTURES

Retrieved on: 
Monday, October 16, 2023
DAVE, Dave & Buster's, Five Nights at Freddy's, Blumhouse Productions, FIVE, Cupcake, Trading card, Visual Entertainment Inc., Fear, Dave, UNIVERSAL, Universal Pictures, Entertainment, Film industry, Nightclub, DALLAS

DALLAS, Oct. 16, 2023 /PRNewswire/ -- Dave & Buster's Entertainment, Inc., the ultimate restaurant and entertainment destination, teams up with Universal Pictures to celebrate the release of the terrifying new Blumhouse film Five Nights at Freddy's, based on the blockbuster horror game phenomenon.

Key Points: 
  • BLUMHOUSE'S FIVE NIGHTS AT FREDDY'S, FROM UNIVERSAL PICTURES, ARRIVES IN THEATERS AND ON PEACOCK OCTOBER 27, 2023.
  • The film revolves around Mike, a security guard who takes a job working nights at Freddy Fazbear's Pizzeria, an abandoned family entertainment center.
  • The film guarantees an unforgettable journey, captivating audiences from beginning to end, and with Dave & Buster's, that experience is bound to be magnified.
  • These Trading Cards will be available at the Dave & Buster's Winner's Circle, no purchase necessary, while supplies last.