Core Insights - Dave & Buster's Entertainment Inc. reported a same-store sales decline of 3% for the second quarter ended August 5 [1] - The company announced a quarterly revenue of $557.4 million, reflecting a slight increase of 0.05% compared to the same quarter of fiscal 2024 [2] - Net income for the second quarter was $11.4 million, or 32 cents per share, a decrease from $40.3 million, or 99 cents per share, in the same period last year [3] Financial Performance - Revenue from food and beverage increased to $192.9 million, up from $181.4 million in the same period a year ago [4] - Entertainment revenue decreased to $364.5 million, compared to $375.7 million in the year-ago quarter [4] Leadership Changes - The company appointed Tarun Lal as CEO, effective July 14, with a focus on enhancing guest experience and driving growth [2] Expansion Plans - Dave & Buster's opened three new domestic stores in the second quarter and an additional store after the quarter ended, along with two Main Event stores [2] - The company also opened its second international franchise store in India and plans to open at least five more international franchise stores in the next six months [3] Company Overview - Founded in 1982, Dave & Buster's operates 177 stores in 43 states, Puerto Rico, and Canada, along with 63 Main Event branded stores in 22 states [4]