Dave & Buster's(PLAY)

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Fly Play hf.: Sonja Arnórsdóttir (CCO) Departs from PLAY
Globenewswire· 2025-07-31 14:30
Sonja Arnórsdóttir (Chief Commercial Officer) has departed from PLAY. Her responsibilities will be transferred to the CEO’s office and will fall under the supervision of the company’s CEO, Einar Örn Ólafsson. “Sonja has overseen the implementation of our sales and service processes. Today, we have robust sales systems in place that will serve the company well going forward. In addition, strong service standards have been established, which are clearly reflected in the customer satisfaction scores we recei ...
Fly Play hf.: Notice of Shareholders’ Meeting
Globenewswire· 2025-07-25 17:04
Core Points - The shareholders' meeting of Fly Play hf. is scheduled for August 15, 2025, at the company's headquarters in Reykjavík [1] - Participation in the meeting is limited to registered shareholders, with a recommendation for the last trading day to be August 13, 2025, to exercise voting rights [3] - Shareholders not attending can vote by submitting a written ballot, with requests due five days prior to the meeting [4] Meeting Participation and Voting - Each ISK of share capital grants one vote, and shareholders can authorize a proxy with a written power of attorney [5] - Shareholders can request agenda items to be added, with submissions required in writing or electronically [6] - The final agenda and proposals will be updated on the company's website if requests are made in time [7] Additional Information - The final agenda, proposals, and supporting documents will be published by August 8, 2025, on the company's website [8] - Meeting documents will be available at the venue from 15:00 (GMT) on the day of the meeting [9] - Proposals include authorizing the Board to issue convertible bonds up to ISK 2,425,000,000 and new share capital up to ISK 3,500,000,000 [10]
Dave & Buster's (PLAY) Soars 9.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-24 14:20
Dave & Buster's (PLAY) shares soared 9.4% in the last trading session to close at $34.18. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1.9% loss over the past four weeks.Shares of this Texas-based owner and operator of high-volume venues are likely to have trended upward because of the optimism surrounding the strategic execution of its “back to basics” strategy, solidifying long-term prospects. The notable improvements driven ...
Dave & Buster’s Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-07-21 20:05
Core Points - Dave & Buster's Entertainment, Inc. announced the granting of stock options and performance stock units to Tarun Lal as an inducement for his appointment as CEO [1][2] - The awards were approved by the Board in accordance with Nasdaq corporate governance rules and were granted on July 15, 2025 [1][2] Summary of Awards - Mr. Lal received a total of 124,766 stock options that will vest annually over three years from the grant date [2] - An additional 124,766 options will vest if the company's stock price doubles before February 1, 2028, contingent on Mr. Lal's continued employment [2] - Further, 83,177 options will vest if the stock price triples before February 1, 2028, also subject to continued employment [2] - An additional 31,191 options will vest annually over three years, conditioned on Mr. Lal purchasing $1,000,000 of the company's common stock by December 31, 2026 [2] - Mr. Lal was also granted 124,766 performance stock units (PSUs) based on achieving same store sales growth metrics, which will vest annually over two years [2] - Another 124,766 PSUs will be earned based on achieving specific 2027 Adjusted EBITDA, average same store sales growth, and relative total shareholder return metrics [2] Company Overview - Founded in 1982, Dave & Buster's operates 236 venues across North America, offering entertainment and dining experiences [3] - The company has 175 Dave & Buster's branded stores in 43 states, Puerto Rico, and Canada, providing a full menu and various entertainment attractions [3] - Additionally, the company operates 61 Main Event branded stores in 22 states, featuring bowling, laser tag, arcade games, and virtual reality experiences [3]
Dave & Buster's Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
GlobeNewswire News Room· 2025-07-21 20:05
Core Points - Dave & Buster's Entertainment, Inc. announced the granting of stock options and performance stock units to Tarun Lal as part of his inducement to join the company as CEO [1][2] - The awards were approved by the Board under Nasdaq corporate governance rules and were granted on July 15, 2025 [1][2] Summary by Category Stock Options - Mr. Lal was granted a total of 124,766 stock options that will vest annually over three years from the grant date [2] - An additional 124,766 options will vest if the company's stock price doubles before February 1, 2028, contingent on Mr. Lal's continued employment [2] - Further, 83,177 options will vest if the stock price triples before February 1, 2028, also subject to continued employment [2] - An additional 31,191 options will vest annually over three years, conditioned on Mr. Lal purchasing $1,000,000 of the company's common stock by December 31, 2026 [2] Performance Stock Units (PSUs) - Mr. Lal was granted 124,766 PSUs that will be earned upon achieving same store sales growth metrics and will vest annually over two years [2] - Another 124,766 PSUs will be earned and vested based on achieving specific 2027 Adjusted EBITDA, average same store sales growth, and relative TSR metrics [2] Company Overview - Founded in 1982, Dave & Buster's operates 236 venues across North America, offering entertainment and dining experiences [3] - The company has 175 Dave & Buster's branded stores in 43 states, Puerto Rico, and Canada, providing a full menu and various entertainment attractions [3] - Additionally, the company operates 61 Main Event branded stores in 22 states, featuring bowling, laser tag, arcade games, and virtual reality experiences [3]
Fly Play hf.: Profit Warning
Globenewswire· 2025-07-21 17:19
Group 1 - 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, indicating a decline in performance [1] - The deviation in results is primarily driven by factors outside the company's control, including ongoing cost-saving measures and one-off transition costs related to a new business model [1] - The company’s core network and load factor performance remain in line with expectations, with RASK higher compared to last year [2] Group 2 - A negative foreign exchange impact of approximately USD 2.5 million was noted due to the strengthening of the Icelandic krona, affecting salaries, handling, and airport charges [3] - Delayed entry of one aircraft into service resulted in lost revenue of approximately USD 1.1 million due to maintenance issues [3] - Weaker than expected demand in the transatlantic market was attributed to a volatile geopolitical environment, tariff uncertainty, and macroeconomic softness [3]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-15 18:16
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 ...
Dave & Buster’s Appoints Tarun Lal as Chief Executive Officer
Globenewswire· 2025-07-15 12:30
Core Insights - Dave & Buster's Entertainment, Inc. has appointed Tarun Lal as the new Chief Executive Officer effective July 14, 2025, following a comprehensive search by the Board of Directors [1][2] - The Board expressed confidence in Lal's ability to drive immediate impact and substantial shareholder value due to his successful track record in growing businesses [2] - Lal emphasized the potential for growth in both the Dave & Buster's and Main Event brands, highlighting their loyal customer bases and strong unit economics [2] Company Overview - Dave & Buster's Entertainment, Inc. operates 236 venues across North America, including 175 Dave & Buster's locations and 61 Main Event stores [4] - The company offers a unique combination of dining and entertainment experiences, allowing guests to "Eat Drink Play and Watch" in one location [4] - Main Event stores provide state-of-the-art entertainment options such as bowling, laser tag, and arcade games, catering to families [4] Leadership Background - Tarun Lal brings over 25 years of experience from Yum! Brands, where he served as President of KFC U.S. and held various leadership roles globally [3] - His previous roles included Global COO for KFC and Managing Director for KFC in multiple regions, where he led brand expansions and digital innovations [3]
Dave & Buster's Appoints Tarun Lal as Chief Executive Officer
GlobeNewswire News Room· 2025-07-15 12:30
Core Insights - Dave & Buster's Entertainment, Inc. has appointed Tarun Lal as the new Chief Executive Officer effective July 14, 2025, following a comprehensive search by the Board of Directors [1][2] - The Board expressed confidence in Lal's ability to drive immediate impact and substantial shareholder value due to his successful track record in growing businesses [2] - Lal emphasized the potential for growth in both the Dave & Buster's and Main Event brands, highlighting their loyal customer bases and strong unit economics [2] Company Overview - Dave & Buster's Entertainment, Inc. operates 236 venues across North America, including 175 Dave & Buster's locations and 61 Main Event stores [4] - The company offers a unique combination of dining and entertainment experiences, allowing guests to "Eat Drink Play and Watch" in one location [4] - Main Event stores provide state-of-the-art entertainment options such as bowling, laser tag, and arcade games, catering to families [4] Leadership Background - Tarun Lal brings over 25 years of experience from Yum! Brands, where he served as President of KFC U.S. and held various leadership roles globally [3] - His previous roles included Global COO for KFC and Managing Director for KFC in multiple regions, where he led brand expansions and digital innovations [3]
Why Is Dave & Buster's (PLAY) Up 4.9% Since Last Earnings Report?
ZACKS· 2025-07-10 16:30
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 ...