Companies

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

The casual dining and entertainment operator said its ‘back-to-basics’ strategy is driving a meaningful recovery in sales.
Dave & Buster’s 1st-Quarter Results Well Below Estimates, but Shares Jump After Hours
The exterior of a Dave & Buster's restaurant is seen in Austin, Texas, on June 10, 2025. Brandon Bell/Getty Images
Wesley Brown
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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.
Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.