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Tuesday, February 19, 2008

Dallas-based Dave & Buster’s exploring a possible sale

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Dave & Buster's, Inc., the Dallas-based operator of high volume entertainment/dining complexes, today announced that it has retained Jefferies & Company, Inc. to assist the company in exploring a possible sale.

Hopefully, this does not spell the end of their famous arcade

Photo not provided by Dave and Buster's

Hopefully, this does not spell the end of their famous arcade

“The decision to engage Jefferies & Company and reduce debt is a direct result of our continued strong comparable store sales growth, substantial earnings growth and significant free cash flow generation,” stated Steve King, Chief Executive Officer. “We are pleased that we have been able to maintain our strong sales and earnings momentum through the fourth quarter despite a tough economic environment, and continue to successfully execute the strategic initiatives that we have put in place.”

Dave & Buster's was founded in 1982 and is one of the country's premier entertainment/dining concepts with 49 locations throughout the United States and in Canada.

Source: Dave & Buster's


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Comments

EdWeirdness Anonymous

The arcade, and the cheap women at the bar were the only reasons for going to D&B. You can get arguably better food just about anywhere, but the combination of mindless entertainment of an arcade and readily accessable hussies is a tough parlay to beat. Sort of like Chuck-E-Cheese for (again, arguably) adults. They really need to do something about the bathrooms at the Dallas D&B.

7 months, 2 weeks ago ( Link to this comment | Suggest removal )

Pavel Lishin Verified

Ed, isn't that their whole marketing1 plan? Who goes to D&B just to eat?

1 someone please start another thread explaining what marketing is or isn't.

7 months, 2 weeks ago ( Link to this comment | Suggest removal )

luniz Anonymous

pool tables at the one in frisco are pretty decent. no hussies there though, that i noticed anyway. shame, that.

7 months, 2 weeks ago ( Link to this comment | Suggest removal )

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