DAVE & BUSTER'S ENTERTAINMENT, INC.

(PLAY)
  Report
Delayed Nasdaq  -  05/27 04:00:00 pm EDT
38.44 USD   +1.00%
05/20Dave & Buster's Announces Expiration of HSR Waiting Period to Acquire Main Event
AQ
05/19Dave & Buster's Entertainment Announces Expiration of Antitrust Review Period for Main Event Deal
MT
05/19Dave & Buster's Announces Expiration of HSR Waiting Period to Acquire Main Event
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

DAVE & BUSTER'S ENTERTAINMENT, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

12/15/2021 | 04:48pm EDT

Item 5.02 Departure of Directors or Certain Of?cers; Election of Directors; Appointment of Certain Of?cers; Compensatory Arrangements of Certain Of?cers.

On December 15, 2021, Dave & Buster's Entertainment, Inc. (the "Company") announced that Michael Quartieri was appointed as Chief Financial Officer of the Company effective January 1, 2022.

Mr. Quartieri, 53, previously served as Chief Financial Officer, Executive Vice President and Secretary of LiveOne, Inc. from November 2020 until December 2021. Prior to his tenure at LiveOne, Inc., Mr. Quartieri served as Executive Vice President, Chief Financial Officer, Treasurer and Secretary at Scientific Games from November 2015 until June 2020. Prior to that Mr. Quartieri spent nine years with Las Vegas Sands Corp. in multiple roles ending as Senior Vice President, Chief Accounting Officer and Global Controller, and 13 years at Deloitte & Touche. Mr. Quartieri has a Masters in Accounting and BS in Accounting from the University of Southern California and is a Certified Public Accountant. He also brings extensive experience in digital entertainment, gaming and hospitality.

Mr. Quartieri will receive an initial annual base salary of $500,000 and will be eligible to receive an annual bonus which is set at 80% of base salary at target level, a sign-on bonus of $300,000 of restricted stock units and an annual perquisite allowance of $25,000. He will also be eligible to participate in the Company's long-term incentive plan. Mr. Quartieri will enter into an employment agreement with the Company setting forth these terms as well as customary restrictive covenants, including non-compete, non-solicit and not-hire and confidentiality covenants. The foregoing description of Mr. Quartieri's employment agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the agreement, which will be filed as an exhibit to a subsequent periodic report filed with the U.S. Securities and Exchange Commission.

On December 15, 2021, the Company issued a press release announcing this development. A copy of the press release is furnished herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits




(d)    Exhibits.



    99.1     Press release dated December 15, 2021.
    104    Cover Page Interactive Data File (the Cover Page Interactive Data File
           is embedded within the Inline XBRL document).




                                       2

© Edgar Online, source Glimpses

All news about DAVE & BUSTER'S ENTERTAINMENT, INC.
05/20Dave & Buster's Announces Expiration of HSR Waiting Period to Acquire Main Event
AQ
05/19Dave & Buster's Entertainment Announces Expiration of Antitrust Review Period for Main ..
MT
05/19Dave & Buster's Announces Expiration of HSR Waiting Period to Acquire Main Event
AQ
05/13INSIDER SELL : Dave & Buster's Entertainment
MT
04/21DAVE & BUSTER'S ENTERTAINMENT, INC. : Change in Directors or Principal Officers, Financial..
AQ
04/19DAVE & BUSTER ENTERTAINMENT : Financial Statements - Form 8-K/A
PU
04/19DAVE & BUSTER'S ENTERTAINMENT, INC. Financial Statements and Exhibits (form 8-K/A)
AQ
04/18DAVE & BUSTER ENTERTAINMENT : Announces the Appointment of Gail Mandel to its Board of Dir..
PU
04/18DAVE & BUSTER'S ENTERTAINMENT, INC. : Change in Directors or Principal Officers, Financial..
AQ
04/18Dave & Buster's Entertainment, Inc. Announces the Appointment of Gail Mandel to its Boa..
AQ
More news
Analyst Recommendations on DAVE & BUSTER'S ENTERTAINMENT, INC.
More recommendations
Financials (USD)
Sales 2023 1 617 M - -
Net income 2023 157 M - -
Net Debt 2023 375 M - -
P/E ratio 2023 12,0x
Yield 2023 -
Capitalization 1 870 M 1 870 M -
EV / Sales 2023 1,39x
EV / Sales 2024 1,23x
Nbr of Employees 13 783
Free-Float 65,0%
Chart DAVE & BUSTER'S ENTERTAINMENT, INC.
Duration : Period :
Dave & Buster's Entertainment, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DAVE & BUSTER'S ENTERTAINMENT, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 38,44 $
Average target price 57,38 $
Spread / Average Target 49,3%
EPS Revisions
Managers and Directors
Kevin M. Sheehan Chairman & Chief Executive Officer
Michael Alan Quartieri Chief Financial Officer
John P. Hurtado Chief Information Officer & Vice President
Margo L. Manning Senior Vice President-Training & Special Events
Michael J. Griffith Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
DAVE & BUSTER'S ENTERTAINMENT, INC.0.10%1 870
STARBUCKS CORPORATION-34.42%87 979
COMPASS GROUP PLC8.99%40 496
DARDEN RESTAURANTS, INC.-16.33%15 722
SODEXO-6.80%11 250
JOLLIBEE FOODS CORPORATION-1.57%4 536