Dave & Buster's

Financing

Dave & Buster’s profits improve but sales slow

The eatertainment chain operator’s stock fell 7% after saying sales slowed down so far this quarter.

Financing

Dave & Buster’s sales picked up speed in August

The food-and-games chain, as well as new acquisition Main Event, both saw sales accelerate last month. But that didn’t help margins and the company’s stock price fell.

The food-and-games chain said it has four locations that are “big and unwieldy” and might make more sense as units of its recently acquired eatertainment brand.

Fresh off its acquisition of food-and-games chain Main Event, the eatertainment chain has filled eight executive posts. All came from one of the two brands.

Marketing Bites: Chains go back to the future on menu prices despite inflation, Dave & Buster’s celebrates the indoors and more marketing news of the week.

With the close of the $835 million deal, first announced in April, Main Event CEO Chris Morris will lead the two food-and-games chains.

The food-and-games chain intends to turn one of its stores into a bed and breakfast inn for one night. It's part of the brand's claim that it's the place to be at night.

The food-and-games chain reported same-store sales growth of 10.9% over 2019, but food and beverage sales are down and so are special events.

Main Event CEO Chris Morris will head the combined eatertainment group, which will have nearly 200 North American locations.

The food-and-games operator said it’s seeing significant pent-up demand for gathering in its restaurants and is working to boost its late-night business.

  • Page 2