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The eatertainment company will rely on its new loyalty program, new entertainment options and the waning pandemic to improve sales
Joanna Fantozzi
The eatertainment industry is still being hindered by the long-term effects of the pandemic, as Dave & Buster’s Entertainment, Inc. reported sliding revenues of 1.2% and same-store sales decline of 2.6% for the fourth quarter ended Jan. 30, 2022. The company’s performance was mostly hindered by the Omicron variant in January and the slow return to private events.
For the future, Dave & Buster’s is shifting its strategy toward store growth in new markets and new store prototypes, which will be the main focus of the incoming CEO, whenever he or she is hired following CEO Brian Jenkins’ retirement in September 2021.
“There's much more opportunity to unlock the potential of this business,” Kevin Sheehan, interim CEO of Dave & Bu...
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