Dave & Buster's is trading 9.45% down now at $7.67 after September 14 second-quarter results missed expectations on revenue and adjusted earnings.
- Revenue was $544.1 million versus $556.83 million expected; adjusted EPS was a $0.27 loss versus a $0.19 profit forecast.
- Comparable-store sales declined 2.9%, while adjusted EBITDA fell 23.8% to $98.9 million.
- Management cited improving July traffic, but margin pressure remains.