Latest news with #DaveAndBusters
Yahoo
a day ago
- Automotive
- Yahoo
Toni Breidinger's SI Swimsuit Photoshoot Has NASCAR Fans Stunned
Toni Breidinger's SI Swimsuit Photoshoot Has NASCAR Fans Stunned originally appeared on The Spun. Unfortunately for NASCAR Truck Series driver Toni Breidinger, everything that could go wrong for her this Friday did go wrong. Coming into Friday's race at Watkins Glen, the first-year Truck Series driver was 22nd in the standings without a single top-10 finish. She was hoping things would turn around for her in New York. Instead, her No. 5 Dave & Buster's Toyota Tundra burst into flames as she was in position to potentially pick up a top-15 finish. There were only 13 laps left when this occurred. As if that wasn't bad enough, Breidinger revealed that someone broke into her car and stole her personal items before Friday's race. "Anyone in the Ithaca NY area! My car was broken into last night, and my suitcase was stolen. It's a custom Tumi suitcase with TB on it. Inside were personal items, including my 818 and Coach suits," Breidinger wrote on X. "If you happen to see a suitcase or my racing stuff that's being sold on Facebook Marketplace, OfferUp, Craigslist, or anywhere else, please send me the link." Hopefully, things will turn around for Breidinger this weekend. Sports Illustrated Swimsuit tried uplifting Breidinger by sharing a few photos from her rookie photoshoot along with this caption: "Weekend, we're coming for you... with no pit stops in sight." Breidinger was part of a rookie class for SI Swimsuit that included WNBA star Cameron Brink, golfer Nelly Korda and Olympic gymnast Suni Lee. Breidinger's first experience with SI Swimsuit took place in Boca Raton, Florida. "It's an honor to be featured in the 2025 issue," Breidinger said. "It's very surreal to be in this issue alongside so many inspiring athletes. Thank you a million to everyone who made this dream of mine come true." There's no question Breidinger has become a star in the NASCAR community. With that said, there'll be plenty of fans cheering her on next Friday at Richmond Raceway. Toni Breidinger's SI Swimsuit Photoshoot Has NASCAR Fans Stunned first appeared on The Spun on Aug 9, 2025 This story was originally reported by The Spun on Aug 9, 2025, where it first appeared.
Yahoo
16-07-2025
- Business
- Yahoo
Dave & Buster's Entertainment names new CEO
Texas-based US operator of entertainment and dining venues Dave & Buster's Entertainment has announced the appointment of Tarun Lal as its CEO and a member of the board of directors. Lal brings 25 years of experience from Yum! Brands, where he recently served as president of KFC US, overseeing all operations across the country. His previous roles include global chief operating officer for KFC and managing director of KFC's operations in the Middle East, Turkey, Africa, India and Pakistan. Lal stated: 'Dave & Buster's and Main Event are iconic, highly differentiated brands with exceptionally large and loyal customer bases, outstanding unit-level and new unit economics and huge potential for growth. 'I have been deeply impressed with what I have seen so far and sincerely look forward to working closely with our team and the board to deepen our connection with our guests and team members and drive immediate and long-term growth and value for all stakeholders.' Dave & Buster's board chairman and interim CEO Kevin Sheehan stated: 'Tarun is a talented leader and seasoned operator with a highly successful track record of growing and improving businesses and brands in the US and around the world. 'We are confident he will have an immediate impact, grow our business and create substantial shareholder value.' Founded in 1982 and based in Coppell, Texas, Dave & Buster's operates 236 venues across North America under its two brands: Dave & Buster's and Main Event. The company has 175 Dave & Buster's locations in 43 US states, Puerto Rico and Canada. In May 2025, Dave & Buster's began construction on its inaugural venue in the Philippines as part of its global expansion strategy. The location at the Opus Mall, Manila will introduce the brand's combination of games, food and sports viewing to the country's market. It aims to be a premier entertainment and dining destination, featuring a variety of American and local cuisine, cutting-edge gaming options, and event spaces for sports fans. "Dave & Buster's Entertainment names new CEO" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Wall Street Journal
15-07-2025
- Business
- Wall Street Journal
Dave & Buster's Entertainment Names Yum Brands Executive as CEO
Dave & Buster's Entertainment PLAY -0.68%decrease; red down pointing triangle named Tarun Lal as chief executive officer, bringing in a fast-food restaurant executive to boost the arcade-restaurant operator's performance. Lal, who also joined the board, has over 25 years of experience at Yum Brands YUM -1.75%decrease; red down pointing triangle, including most recently serving as president of KFC U.S.
Yahoo
14-06-2025
- Business
- Yahoo
Dave & Buster's dials back some of its ‘confusing' experience changes
This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. Dave & Buster's is simplifying the guest experience as it continues to scale back overcomplicated changes, interim CEO Kevin Sheehan said on a Q1 2025 earnings call Tuesday. The restaurant is testing out a simplified rate structure for the Power Cards customers purchase to play games, according to Sheehan. The company wants to improve the customer journey from the moment they buy a card to selecting options for extra points. The company is also speaking with location operators to determine the kind of experience customers want from a trip to Dave & Buster's, according to Sheehan. This includes ensuring Dave & Buster's isn't just choosing ubiquitous games but options that are attractive for its unique customer base. While Dave & Buster's simplified operating strategy is driving some improvements, the company's overall results remain weak. The restaurant chain's revenue fell 3.5% year over year to $567.7 million in the first quarter of 2025, according to a company earnings report. Comparable store sales dropped 8.3% year over year during the period. While negative, the first quarter performance was an improvement from fourth quarter 2024 results, which saw a 10.8% year-over-year revenue drop and a 9.4% decline in comparable store sales. Dave & Buster's is focused on a back-to-basics strategy that reverses some of the changes made under former CEO Chris Morris. 'I think we all agree that last year, we kind of made it a little too confusing for the guests,' Sheehan said during the call. 'So we're trying to simplify it.' Under Morris, plans included flexible game pricing designed to attract customers during off-peak hours, but recent Dave & Buster's research and feedback found that customers want to know exactly how much play time they will get for their money. Such experiments with game pricing are no longer on the table, but a few of the changes spearheaded by Morris, such as remodels with an emphasis on appearance and efficiency, are continuing on a smaller scale.
Yahoo
11-06-2025
- Business
- Yahoo
Dave & Buster's Entertainment Inc (PLAY) Q1 2025 Earnings Call Highlights: Strategic Growth ...
Revenue: $568 million for the first quarter of fiscal 2025. Net Income: $22 million or $0.62 per diluted share. Adjusted Net Income: $27 million or $0.76 per diluted share. Adjusted EBITDA: $136 million with an adjusted EBITDA margin of 24%. Comp Store Sales: Decreased 8.3% versus the prior year period. Operating Cash Flow: $96 million generated during the first quarter. Cash and Credit Availability: $12 million in cash and $411 million available under the revolving credit facility. Capital Expenditures: $115 million in capital additions on a gross basis, $110 million on a net basis. Preopening Expenses: $2.7 million increase versus the prior year. New Store Openings: Two new stores opened in Calin, Texas, and Lansing, Michigan, with two additional openings in Freehold, New Jersey, and Wilmington, North Carolina. Store Relocation: Successful relocation of the Honolulu, Hawaii store. International Expansion: First international franchise location opened in India, with at least seven more expected over the next year. Warning! GuruFocus has detected 8 Warning Signs with PLAY. Release Date: June 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Dave & Buster's Entertainment Inc (NASDAQ:PLAY) reported significant improvement in operating results over the first quarter, driven by a back-to-basics strategy. The company successfully reintroduced the Eat and Play Combo, which has shown positive early results and a double-digit opt-in rate. Remodeled stores have outperformed the system by over 700 basis points in the last three months, indicating the success of the remodel strategy. The introduction of new games and attractions, such as the Summer of Games and the human crane, is expected to enhance customer engagement and drive sales. Dave & Buster's opened new stores in strategic locations, including international expansion, which is expected to drive incremental growth with minimal investment and risk. Comp store sales decreased by 8.3% in the first quarter compared to the prior year, with a particularly soft February. The company incurred a $2.7 million increase in preopening expenses due to new store openings and relocations. There was a significant front-end loading of capital expenditures, with $115 million spent in the first quarter, impacting cash flow. The company is still in the early stages of implementing its back-to-basics strategy, indicating that full recovery may take time. Marketing and R&M expenses increased, which may continue to pressure margins if not managed effectively. Q: Can you provide some predictability on the trajectory of same-store sales and how you're looking at it on a multi-year basis? A: Kevin Sheehan, Interim CEO, explained that while they are in the early stages of recovery, they expect outsized growth over the next few years. Long-term, they aim for 3% same-store sales growth, supplemented by new stores and incremental opportunities like international expansion and catering. Q: Can you break down the capital expenditures for the first quarter and expectations for the rest of the year? A: Darin Harper, CFO, detailed that $53 million was spent on new stores, $20 million on remodels, $30 million on games, and $12.5 million on maintenance CapEx. The company remains confident in their full-year guidance and plans to manage capital spend diligently. Q: What improvements have you seen in same-store sales trends, and what are the contributing factors? A: Darin Harper noted improvements driven by increased traffic and higher food and beverage check growth, particularly from the Eat and Play Combo. The company is seeing strong weekend growth and believes they are benefiting from a trade-down effect among higher-income consumers. Q: Can you discuss the new store manager incentive program and its impact? A: Kevin Sheehan described the program as best-in-class, with competitive salaries, strong bonuses, and long-term incentives tied to same-store sales growth. The program aims to encourage managers to think like business owners and drive sales. Q: What are the key initiatives contributing to improved comp trends, and what opportunities remain? A: Darin Harper highlighted the impact of marketing and promotions like the Eat & Play Combo. The company sees further opportunities in optimizing marketing spend, enhancing game offerings, and improving operations. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
