DAVE AND BUSTER’S REPORTS STRONG FOURTH QUARTER

Dave & Buster’s has reported strong financial results for the fourth quarter of 2016.

Total revenues increased 15.4% to $270.2 million, thanks in part to the opening of four new locations, while comparable store sales were up 3.2%.

Also, for the first time ever, the company’s full-year sales exceeded $1 billion.

Dave & Buster’s operates facilities that emphasize the adult end of the family entertainment center spectrum, while also competing in the casual dining segment of the restaurant industry.

Bowling is among its entertainment offerings at eight locations: Concord, N.C.; Arundel, Md.; Houston, Texas; Sugarloaf, Ga.; Nashville, Tenn.; Philadelphia, Pa.; Scottsdale, Ariz.; and Westbury, N.Y.

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