Dave & Buster’s says comp sales have steadily increased, though September still down 62%

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Dave & Buster’s Entertainment Inc. gave a business update on Wednesday that showed continued comparable sales improvement, though September was still down 62%. Comparable sales for the second quarter were down 87%, and for the month of August, the decline was 75%. As of Oct. 4, Dave & Buster’s had reopened 98 of its 136 locations, and the company had opened one new location. September performance at the 81 comparable stores that Dave & Buster’s reopened was at an index of 65% versus 2019. Dave & Buster’s stock was up 2% in premarket trading, but has plunged 63.6% for the year to date while the benchmark S&P 500 index has gained 8.7% for the period.
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