Financial PerformanceFY3Q24 EBITDA of $68 million fell below consensus by $6 million due to softer comp and weaker margins, influenced by calendar shifts and weather disruptions.
Leadership And StrategyThe unexpected resignation of CEO Chris Morris introduces uncertainty into the company's future strategy and affects confidence in the current revamp efforts.
Sales And Consumer SpendingContinued low-income consumer headwinds are expected to pressure Dave & Buster’s same-store sales and traffic, with spending among the lowest income quintile down twice as much as in other income groups.