Dave & Buster's Entertainment, Inc. (PLAY)
Dave & Buster's Entertainment, Inc. (PLAY) is a restaurant and entertainment business that combines dining, gaming, and entertainment experiences. Founded in 1982, the company operates large venues featuring a combination of casual dining and a wide variety of arcade games, sports viewing, and interactive entertainment. It caters to families, groups, and parties, offering an engaging environment that integrates food and beverage service with state-of-the-art gaming technologies. Dave & Buster's is recognized for creating a social and fun atmosphere, making it a popular destination for entertainment and recreation.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| February 10, 2020 | $0.16 | 2020-01-09 | 2020-01-10 |
| November 11, 2019 | $0.16 | 2019-10-10 | 2019-10-11 |
| July 10, 2019 | $0.15 | 2019-06-24 | 2019-06-25 |
| April 10, 2019 | $0.15 | 2019-03-25 | 2019-03-26 |
| January 10, 2019 | $0.15 | 2018-12-24 | 2018-12-26 |
Dividends Summary
- Dave & Buster's Entertainment, Inc. has issued 6 dividend payments over the past 2 years
- The most recent dividend was paid 2081 days ago, on February 10, 2020
- The highest dividend payed out to investors during this period was $0.16 per share
- The average dividend paid during this period was $0.15 per share.
Company News
Dave & Buster reported tepid Q2 revenue growth with margin contraction, but found a new CEO and remains focused on turnaround efforts. The company is maintaining financial health through strategic share buybacks and exploring international market expansion.
Dave & Buster's reported flat revenue and missed earnings estimates, with comparable sales declining 3%. A new CEO, Tarun Lai, was appointed to drive potential turnaround amid broader restaurant industry challenges.
U.S. stock futures rose ahead of the Federal Reserve's two-day meeting, with investors anticipating potential interest rate cuts. The market showed mixed performance, with Communication Services and Technology sectors leading gains, while the FOMC's decision on Wednesday is a key focus.
Dave & Buster's Entertainment, Inc. announced the nomination of Allen R. Weiss and Nathaniel J. Lipman to its Board of Directors, as well as the departure of three existing board members. The company is undergoing changes to its leadership at a pivotal time.
PDD Holdings and Dave & Buster's have been highlighted as Zacks Bull and Bear of the Day.
