Dave & Buster’s stock sinks as competition drives downward guidance revision

Dave & Buster’s stock sinks as competition drives downward guidance revision

“The bottom line is that the company has not found a solution for its share losses due to competition intrusion and challenging industry trends (negative traffic, increased use of delivery),” wrote John Zolidis, president of Quo Vadis Capital. “This is leading to the ongoing erosion of Dave & Buster’s otherwise-attractive economic model. There is no end in sight to this pressure.”

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