Dave and Buster's CEO Teases Expanding Overseas Following Its IPO

Dave and Buster's Entertainment is celebrating its initial public offering on the Nasdaq under the ticker PLAY. Dave and Buster's CEO Stephen King talks the shares' performance on its first day of trading and whether bankers were too optimistic initially being as the IPO priced at the low end of the expected range. Looking forward, King says the company is planning to grow by about 10% a year and wants to expand from 70 locations to 200. On the international front, King says the company needs to start taking steps to expand overseas now in order to have a successful impact years down the road. He says the company expects to sign a deal to expand internationally sometime between now and its fiscal year-end.