Dave & Buster’s plans summer 2021 comeback after COVID-19-challenged year; leans into new ghost kitchens and to-go offerings Dave & Buster’s reported a 70% same-store sales decline for the fourth quarter, with improvement on the horizon by January
Dave & Buster’s Entertainment, Inc. is planning a major comeback this summer complete with a revamped menu, new games, and continued investment in ghost kitchens following a challenging year due the pandemic that ended in a final quarter same-store sales slide of 70%, CEO Brian Jenkins said in Wednesday’s fourth quarter earnings call.
In the earnings call for the fourth quarter and fiscal year ended Jan. 31, 2021, the eatertainment company said they have been testing two virtual brands highlighting specific sections of their menu, with the latest being a virtual wings concept called Wings Out. With the ubiquity of successful wings concepts for delivery across multiple restaurant categories, Dave & Buster’s is testing
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Operator
Good afternoon, everyone. Welcome to the Dave & Buster s Entertainment, Incorporated Third Quarter 2020 Earnings Results Conference Call. Today s call is being hosted by Brian Jenkins, Chief Executive Officer. He will be joined on the call by Scott Bowman, Chief Financial Officer; and Margo Manning, Chief Operating Officer. I d like to remind everyone that this call is being recorded and will be available for replay beginning later today.
Now, I would like to turn the conference over to Scott Bowman for opening remarks. Please go ahead.
Scott J. Bowman
Senior Vice President and Chief Financial Officer
Thank you. And thank you for joining us today. Before we begin our discussion on the company s results, I d like to call your attention to the fact that in our remarks and our responses to questions, certain items may be discussed, which are not entirely based on historical fact. Any of these items should be considered forward-looking statements related to future events
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