Fed’s Mester Says Not Convinced Inflation Has Peaked Yet

Dave & Buster's reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.10 by 6.36%. Quarterly sales came in at $599.1 million, just under the analyst consensus estimate of $602.609 million. Dave & Buster's reported pro forma combined comparable store sales (including Main Event branded stores) decreased 7% year-over-year and increased 8% when compared to the same period in 2019. The company repurchased 8.5 million shares totaling $300 million and representing 17.5% of outstanding shares during fiscal 2023.