Dave & Buster's Entertainment (NASDAQ: PLAY) hasn't had much good news for investors in 2019, and that disappointing streak continued with its recent third-quarter earnings results. The restaurant and entertainment specialist reported another period of declining sales at existing locations and falling profitability. While the trends didn't seriously threaten management's long-term outlook, they were weak enough to force an adjustment to Dave & Buster's expansion strategy for 2020.
Executives described that shifting strategy in a conference call with Wall Street analysts, and below we'll look at some highlights from that presentation.
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