Meanwhile, in addition to growth potential that exists in North America, management is optimistic about the brand’s significant appeal in certain international markets.ĭave & Buster’s launched four new stores in Concord, CA Huntsville, AL McDonough, GA and Wichita, KS, during the fiscal third quarter. Management believes that it can expand the concept to more than 200 units in North America over time. Store Growth Strategy: Dave & Buster's continues to pursue a disciplined new store growth strategy in new and existing markets, given the broad appeal of its brand. Furthermore, the company continues to evolve its amusement business on the back of new and riveting content - including games based on some of the world’s finest movie properties. Notably, the segment’s revenues increased 6.1% in the first three quarters of 2019. Also, increased focus on amusement is driving earnings. Moreover, higher dependence on gaming has helped the company pare headwinds from consumer discretionary spending that characterizes the restaurant industry. Unique Business Model: Apart from great food and beverages, Dave & Buster's entertainment business has been driving growth for a while.
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