Issue Date: Vol. 51, No. 5, May 2011, Posted On: 5/10/2011
Dave & Buster's Q1 Comp Store Sales Rise
Dave & Buster's, Dave & Buster's earnings, arcade, restaurant, Steve King, amusements, amusement business, family entertainment center
DALLAS -- Dave & Buster's Inc. said that for the first quarter of fiscal 2011, ended May 1, comparable store sales increased 6% over the same period in fiscal 2010.
The upbeat reading for this key metric was especially welcome news following D&B's recent admission that it lost $7.3 million in fiscal 2010, ended Jan. 30. | SEE STORY
Additionally, D&B's said as of May 1 there were no outstanding borrowings under the revolving credit facility portion of its senior secured credit facility. Further details of the company's first-quarter performance were not released.
Dave & Buster's operates restaurant-gameroom facilities in 24 states and Canada.