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Issue Date: Vol. 42, No. 13 / November 25, 2002 - December 24, 2002 , Posted On: 12/23/2002


Dave & Buster's Says It Will Not Open Stores In 2003

DALLAS (Posted December 23)- Dave & Buster's Inc. reported that a soft economy for weak third-quarter revenues in fiscal 2002 and projected that fourth-quarter and 2003 earnings would remain flat or in the 2% growth range, prompting a decision not to open any new stores in 2003. The announcement came on Dec. 5 as D&B's released financial results for its third quarter and 39 weeks ended Nov. 3, 2002. Total revenue for the quarter increased 3.9% to $84.6 million from $81.4 million in the prior year's comparable quarter while revenues for comparable stores declined 3.5%. The operating loss for the quarter was $1.3 million compared with $1.3 million in the prior year. Net loss was $1.7 million, or $0.13 per diluted share compared to $1.9 million, or $0.14 per diluted share in the prior year.


Topic: Ahead of the Times: Music and Games

Articles:
  • NOVEMBER 20, 2006: Stories from the November, 2006, Ahead of the Times (Music & Games edition) email news dispatch…
  • NOVEMEMBER 13, 2006: Stories from the Ahead of the Times (Music & Games edition) email news dispatch…
  • AUGUST 17 NEWS: Raw Thrills, Play Mechanix Merge; Florida Jury Approves Adult Redemption; Merit Organizes Raids; AAMA President Forecast
  • AUGUST 14, 2006: Illinois To Pay Court Costs To Home Video Game Industry; Verdict Expected Today In Florida Gaming Arcades Trial; ICMOA Broadband Seminar; Target To Sell Mini-Jukebox; VNEA Charter Holders Workshop
  • JUNE 5, 2006: Lower CD Rates Possible In Future, Says AMOA Official; Global VR Finalizes UltraCade Purchase; Photo-Me Inc. Acknowledges Potential Suitor; Stinger Report Moves To Free Subscription Model; Downloading Jukes Make Wall Street Journal, Again

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