DALLAS, Sept. 08, 2017 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) ("Dave & Buster's" or
"the Company"), an owner and operator of entertainment and dining venues, today announced an increase in share repurchase
authorization.
On September 7, 2017, the company’s board of directors authorized the repurchase of an additional $100 million
of the company’s stock under the existing repurchase program through the end of fiscal 2018. At the end of second quarter 2017, the
company still had nearly $73 million remaining under the existing repurchase authorization. All other terms of the existing share
repurchase program remain in effect.
About Dave & Buster’s Entertainment, Inc.
Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's Entertainment, Inc., is the owner and
operator of 100 venues in North America that combine entertainment and dining and offer customers the opportunity to "Eat, Drink,
Play and Watch," all in one location. Dave & Buster's offers a full menu of "Fun American New Gourmet" entrées and
appetizers, a full selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions
centered around playing games and watching live sports and other televised events. Dave & Buster's currently has stores in 34
states and Canada.
Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements. These
forward-looking statements involve risks and uncertainties and, consequently, could be affected by our level of indebtedness,
general business and economic conditions, the impact of competition, the seasonality of the company's business, adverse weather
conditions, future commodity prices, guest and employee complaints and litigation, fuel and utility costs, labor costs and
availability, changes in consumer and corporate spending, changes in demographic trends, changes in governmental regulations,
unfavorable publicity, our ability to open new stores, and acts of God. Accordingly, actual results may differ materially
from the forward-looking statements, and the Company therefore cautions you against relying on such forward-looking
statements. Dave & Buster's intends these forward-looking statements to speak only as of the time of this release and does
not undertake to update or revise them as more appropriate information becomes available, except as required by law.
For Investor Relations Inquiries: Arvind Bhatia, CFA Dave & Buster’s Entertainment, Inc. 214.904.2202 arvind_bhatia@daveandbusters.com
