QUICK LINKS: Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:    

Bookmark this site




Issue Date: Vol. 50, No. 11, November 2010, Posted On: 11/10/2010


Dave & Buster's Loses $9.5M In Q2


Marcus Webb
Dave and Buster's Inc., Steve King, amusement business, arcade games, coin-op news, Oak Hill Capital Partners

DALLAS -- Dave & Buster's Inc. said it lost $9.5 million on revenues of $127.9 million in the second quarter of its fiscal year, ended Aug. 1. Amusement sales were up by 1%, but food and beverage revenues decreased 1.2%.

Total revenues were down 2.7%, compared with the second quarter of 2009, despite D&B's expanding its chainwide footprint from 55 stores to 58. Comparable store sales fell 4.8% for the quarter. Contributing to D&B's negative performance was a $2.5 million loss resulting from the closing of a flooded store in Nashville, TN.

D&B's chief executive Steve King said recent trends are encouraging, including a boost in beverage sales triggered by extended happy hour pricing.

D&B's, a privately held company, was acquired by Oak Hill Capital Partners in June, but continues to manage publicly held debt.


Topic: Music and Games Features

Articles:
  • New LG Displays Are Rollable And See-Through
  • Ex Dictator Manual Noriega Sues Videogame Maker
  • Strategic Benchmarking: AMOA Sets Road Scholar Program For Nov. 8-9 In Denver
  • Chuck E. Cheese's Names Thomas Leverton Chief Executive
  • Vonnie D Pinball Recruits Legendary Designer Barry Oursler, And Kickstarts Funding Campaign

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570