Dave & Buster’s Entertainment Inc. will soon raise prices on games in certain regions, as the entertainment- and dining-venue operator looks for ways to boost profitability, revenue and cash flow.
That follows a 33% bump in price of the buy-in rate card at in-store kiosks that was tested late in its fiscal second quarter. The pricing moves come as the company reported fiscal second-quarter profit, revenue and same-store sales that missed expectations. Excluding nonrecurring items, adjusted earnings per share rose to 94 cents from 85 cents but missed the FactSet consensus of 95 cents.
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