Dave & Buster's is trading 13.34% down now at $7.40 after reporting an unexpected second-quarter adjusted loss of $0.27 per share, versus a projected $0.19 profit.

  • Revenue declined 2.4% year over year to $544.1 million, below the $556.83 million consensus estimate; comparable-store sales fell 2.9%.
  • Adjusted EBITDA dropped to $98.9 million from $129.8 million.
  • Management cited its Back-to-Basics turnaround strategy, but weak results outweighed optimism about improving traffic and future remodels.