DALLAS, July 21, 2025 (GLOBE NEWSWIRE) -- Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, announced today that the Company made awards of stock options (“Options”) and performance stock units (“PSUs”) to Tarun Lal, as a material inducement to Mr. Lal joining the Company as its Chief Executive Officer. The awards were approved by the Board in accordance with Listing Rule 5635(c)(4) of the corporate governance ...

DALLAS, July 21, 2025 (GLOBE NEWSWIRE) -- Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, announced today that the Company made awards of stock options (“Options”) and performance stock units (“PSUs”) to Tarun Lal, as a material inducement to Mr. Lal joining the Company as its Chief Executive Officer. The awards were approved by the Board in accordance with Listing Rule 5635(c)(4) of the corporate governance ...

Preparation of the Q2 2025 interim financial report indicates that results will be below prior-year performance and expectations. The company expects a net loss of approximately USD 16 million for Q2 2025, compared to a net loss of USD 10 million in the same period last year. The deviation in results is primarily driven by following factors outside of the company´s control: Foreign exchange impact (FX): A negative FX effect of approximately USD 2.5 million due to strengthening of the Icelandic krona, which ...

Dave & Buster’s Entertainment named Tarun Lal as chief executive officer, bringing in a fast-food restaurant executive to boost the arcade-restaurant operator’s performance https://t.co/GeA4OAvufV ...

DALLAS, July 15, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that the Board of Directors has appointed Tarun Lal as Chief Executive Officer and as a member of the Board of Directors effective July 14, 2025. "After a careful and comprehensive search, the Board is thrilled to announce Tarun as our next CEO," said Kevin Sheehan, Chairman of the Board and Interim CEO. ...

DALLAS, July 15, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that the Board of Directors has appointed Tarun Lal as Chief Executive Officer and as a member of the Board of Directors effective July 14, 2025. Mr. Lal is a seasoned global executive with over 25 years of experience at Yum! Brands, where he most recently served as President of KFC U.S. In this role, he ...

It has been about a month since the last earnings report for Dave & Buster's (PLAY) . Shares have added about 4.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Dave & Buster's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since The ...

Fly Play hf. has secured binding, conditional subscription commitments from investors for the purchase of a convertible bond totaling ISK 2.4 billion, or approximately USD 20 million. Among the participants in this financing round are the company's largest shareholders as well as new Icelandic investors. Attached is a company announcement providing further details on these plans. Also attached is a press release sent to the media on the same topic. Attachments Fly Play hf. issues a convertible bond Press re ...

Group 1 - The Board of Directors of Fly Play hf. has received a notification from BBL 212 ehf. regarding the withdrawal of its plans to make a takeover bid for all shares in Fly Play hf. [1] - The notification from BBL 212 ehf. includes an official document confirming the withdrawal of the takeover offer [2]

Core Insights - PLAY airlines experienced a significant decrease in passenger numbers, carrying 116,023 passengers in June 2025 compared to 173,109 in June 2024, due to a strategic shift in its business model [1] - Despite the reduction in total passengers, the load factor improved to 86.8% in June 2025, up from 86.0% in June 2024, indicating better network planning and operational discipline [2][3] - The airline celebrated its 4th anniversary in June 2025 and relaunched flights to Aalborg, Denmark, expanding its service to three destinations in the country [4] Business Model Shift - The company has altered its business model to focus on scheduled operations in Iceland and leasing operations, which has led to a more disciplined and focused operation [1][3] - The strategic shift towards leisure destinations in Southern Europe has historically resulted in higher fares, although it typically has lower load factors due to less connecting traffic [2] Operational Performance - In June 2025, 41.9% of passengers were departing from Iceland, 33.0% were arriving, and 25.1% were connecting passengers, showcasing a diverse passenger base [3] - The airline maintained strong operational reliability with an on-time performance of 88.8% in June 2025, reflecting effective execution of its strategic initiatives [3][5] Strategic Comments - The CEO of PLAY highlighted that the performance in June reflects the positive impact of the strategic shift, emphasizing the reduction of excess capacity and focus on targeted leisure routes to create a stronger yield environment [5] - The improved load factor and operational discipline are seen as indicators of better network planning and alignment with demand, contributing to the overall success of the restructuring efforts [5]