Dave & Buster's Shares Fall on Weak Outlook and Earnings
The chain of sports-and-arcade-themed restaurants reported weaker-than-expected sales growth.
Shares of Dave & Buster's (PLAY) - Get Report are lower Wednesday after the chain of sports-and-arcade-themed restaurants reported same-store sales of just one percent, that's half of what was expected and down from the same period a year ago. Dave & Buster's also dropped its outlook for same-store sales growth to a range of between 2.25 percent to 3.25 percent, that's below the low end of previous guidance. Dave & Buster's shares are up about 11 percent over the past year.
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