Dave & Buster's Has Failed to Execute Turnaround Strategy, CEO Says -- Market Talk

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2250 GMT [Dow Jones]--Dave & Buster's new CEO Tarun Lal says the company's past leadership has had the right strategy in place, but failed to execute it successfully. Lal, who took the top job in July, says during a call with analysts he has identified near-term opportunities for improvement, which align with a previous turnaround plan set in place by interim CEO Kevin Sheehan. The company has pushed too many promotions, overemphasized appetizers on its menu and changed operations too quickly, ignoring team member experience and training, among other issues, Lal said. "We made specific execution missteps that resulted in lack of awareness of our offerings and inconsistent operational execution," he said. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

September 15, 2025 18:57 ET (22:57 GMT)

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Lal, who took the top job in July, says during a call with analysts he has identified near-term opportunities for improvement, which align with a previous turnaround plan set in place by interim CEO Kevin Sheehan. The company has pushed too many promotions, overemphasized appetizers on its menu and changed operations too quickly, ignoring team member experience and training, among other issues, Lal said. \"We made specific execution missteps that resulted in lack of awareness of our offerings and inconsistent operational execution,\" he said. (kelly.cloonan@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 15, 2025 18:57 ET (22:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dave & Buster's Has Failed to Execute Turnaround Strategy, CEO Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDave & Buster's Has Failed to Execute Turnaround Strategy, CEO Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-16 06:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2250 GMT [Dow Jones]--Dave &amp; Buster's new CEO Tarun Lal says the company's past leadership has had the right strategy in place, but failed to execute it successfully. Lal, who took the top job in July, says during a call with analysts he has identified near-term opportunities for improvement, which align with a previous turnaround plan set in place by interim CEO Kevin Sheehan. The company has pushed too many promotions, overemphasized appetizers on its menu and changed operations too quickly, ignoring team member experience and training, among other issues, Lal said. \"We made specific execution missteps that resulted in lack of awareness of our offerings and inconsistent operational execution,\" he said. (kelly.cloonan@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 15, 2025 18:57 ET (22:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLAY","symbol_name":"Dave & Buster","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2567512314","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2567512314","pubTimestamp":1757977020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2250 GMT [Dow Jones]--Dave & Buster's new CEO Tarun Lal says the company's past leadership has had the right strategy in place, but failed to execute it successfully. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLAY":"Dave & Buster","BK4596":"哈里斯概念","BK4595":"比特币概念","BK4216":"消闲设施","BK4209":"餐馆","BK4588":"碎股","BK4600":"加密货币概念","BK4516":"特朗普概念","BK4585":"ETF&股票定投概念","BK4023":"应用软件","STRK":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD"},"translate_title":"首席执行官表示，Dave&Buster's未能执行扭亏为盈战略——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLAY":0.9,"STRK":0.6},"content_text":"2250 GMT [Dow Jones]--Dave & Buster's new CEO Tarun Lal says the company's past leadership has had the right strategy in place, but failed to execute it successfully. Lal, who took the top job in July, says during a call with analysts he has identified near-term opportunities for improvement, which align with a previous turnaround plan set in place by interim CEO Kevin Sheehan. The company has pushed too many promotions, overemphasized appetizers on its menu and changed operations too quickly, ignoring team member experience and training, among other issues, Lal said. \"We made specific execution missteps that resulted in lack of awareness of our offerings and inconsistent operational execution,\" he said. (kelly.cloonan@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 15, 2025 18:57 ET (22:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}