Dave & Buster's Rebound Plan Isn't Working
Dave & Buster's (NASDAQ: PLAY) didn't give investors many reasons for optimism in its early June earnings report. The restaurant and entertainment specialist revealed falling market share despite upgrades to its food menu and video game offerings while posting reduced profitability.
On Tuesday, the company revealed that these negative trends had an even greater impact on sales and earnings during the summer months, leading to a second straight reduction in the chain's 2019 outlook. Let's dive into the latest report.
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Source Fool.com
