Dave & Buster's Stock Slides on Larger Loss Than Expected, CEO Departure
Dave(DAVE) Investopedia·2024-12-11 21:05
Key TakeawaysShares of Dave & Buster's sank Wednesday morning after the company reported lower sales and a larger net loss than expected for the third quarter.CFO Darin Harper said severe weather and remodeling construction negatively impacted the company's results.The restaurant and arcade operator also announced the resignation of CEO Chris Morris, and said it has been working on a succession plan in recent months. Dave & Buster's (PLAY) stock started Wednesday morning lower after the company posted a lar ...