0001104659-23-127734.txt : 20231220 0001104659-23-127734.hdr.sgml : 20231220 20231220161529 ACCESSION NUMBER: 0001104659-23-127734 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20231220 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20231220 DATE AS OF CHANGE: 20231220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Dave & Buster's Entertainment, Inc. CENTRAL INDEX KEY: 0001525769 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 352382255 STATE OF INCORPORATION: DE FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35664 FILM NUMBER: 231501482 BUSINESS ADDRESS: STREET 1: 2481 MANANA DRIVE CITY: DALLAS STATE: TX ZIP: 75220 BUSINESS PHONE: 214-357-9588 MAIL ADDRESS: STREET 1: 2481 MANANA DRIVE CITY: DALLAS STATE: TX ZIP: 75220 FORMER COMPANY: FORMER CONFORMED NAME: Dave & Buster's Parent, Inc. DATE OF NAME CHANGE: 20110713 8-K 1 tm2333377d1_8k.htm FORM 8-K
false 0001525769 0001525769 2023-12-20 2023-12-20 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

Current Report Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 20, 2023

 

DAVE & BUSTER’S ENTERTAINMENT, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 001-35664 35-2382255
(State of
incorporation)  
(Commission File
Number)  
(IRS Employer
Identification Number)  

 

1221 S. Belt Line Rd., Suite 500
Coppell, TX 75019  
(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (214) 357-9588

 

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:

 

¨

Written communications pursuant to Rule 425 under the Securities Act

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock $0.01 par value   PLAY   NASDAQ Stock Market LLC

 

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company. ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Section 5 – Corporate Governance and Management

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On December 20, 2023, Dave & Buster’s Entertainment, Inc. (the “Company”) issued a press release announcing the retirement of Michael A. Quartieri, Chief Financial Officer and a named executive officer. Mr. Quartieri will retire effective April 30, 2024. He will continue to serve as the Company's Chief Financial Officer until his successor is appointed and thereafter provide advisory services to ensure a smooth transition prior to his retirement date. A copy of this Press Release is attached hereto as Exhibit 99.1.

 

Item 9.01.Financial Statements and Exhibits

 

(d)Exhibits.

 

  99.1 Press release dated December 20, 2023.
     
  104 Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  DAVE & BUSTER’S ENTERTAINMENT, INC.
     
Date: December 20, 2023 By: /s/ Bryan McCrory
  Bryan McCrory
  Vice President, General Counsel & Secretary

 

3

 

EX-99.1 2 tm2333377d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

A blue text on a white background

Description automatically generated

 

Dave & Buster’s Announces the Retirement of Michael Quartieri, Chief Financial Officer

 

DALLAS, December 20, 2023 (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 that its Chief Financial Officer, Michael Quartieri, will be retiring from the Company effective April 30, 2024. He will continue to serve as Chief Financial Officer until his successor is appointed and provide advisory services to ensure a smooth transition prior to his retirement date. The Company has retained a nationally recognized recruiting firm to conduct a search for this position.

 

"On behalf of the management team and our Board, I want to thank Michael for his significant contributions and leadership over the past two years at Dave & Buster’s," said Chris Morris, Chief Executive Officer of Dave & Buster’s. “Under Michael’s leadership, we completed the acquisition and merger of Main Event which combined two of the strongest brands in the industry to create a leading platform in the rapidly growing experiential entertainment sector. With his contribution, we have created a significant footprint, an exceptional business model with strong assets, and a talented team with a long-term strategy focused on driving organic growth, improving profitability, and producing strong cash flow. On a personal note, it has been a pleasure to work with Michael as we transformed the company together. Michael has been a true partner in enabling strong financial performance and has built a high-quality finance organization that will serve this Company well for many years to come. The Dave & Buster’s team wishes him a prosperous future as he moves into the next phase of his life. We also sincerely appreciate Michael’s full support of the transition to his successor.”

 

“It has been a pleasure to be a part of the team here at Dave & Buster’s,” said Michael Quartieri. “The Company has strong momentum and a tremendous amount of achievable upside which made it a very difficult decision to retire to spend more time with my family. I want to express my respect and appreciation for the passion and dedication of our talented team members at all our stores and throughout the Company and want to thank them for all they do to care for our guests and deliver for our shareholders each and every day.”

 

About Dave & Buster’s Entertainment, Inc.

 

Founded in 1982 and headquartered in Coppell, Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 220 venues in North America that offer premier entertainment and dining experiences to guests through two distinct brands: Dave & Buster’s and Main Event. The Company has 162 Dave & Buster’s branded stores in 42 states, Puerto Rico, and Canada and offers guests the opportunity to "Eat Drink Play and Watch," all in one location. Each store offers a full menu of entrées and appetizers, a complete 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. The Company also operates 58 Main Event branded stores in 20 states across the country, and offers state-of-the-art bowling, laser tag, hundreds of arcade games and virtual reality, making it the perfect place for families to connect and make memories. For more information about each brand, visit daveandbusters.com and mainevent.com.

 

For Investor Relations Inquiries:

 

Cory Hatton, VP Investor Relations & Treasurer

Dave & Buster’s Entertainment, Inc.

Cory.Hatton@daveandbusters.com

 

 

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Document Period End Date Dec. 20, 2023
Entity File Number 001-35664
Entity Registrant Name DAVE & BUSTER’S ENTERTAINMENT, INC.
Entity Central Index Key 0001525769
Entity Tax Identification Number 35-2382255
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1221 S. Belt Line Rd.
Entity Address, Address Line Two Suite 500
Entity Address, City or Town Coppell
Entity Address, State or Province TX
Entity Address, Postal Zip Code 75019
City Area Code 214
Local Phone Number 357-9588
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Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock $0.01 par value
Trading Symbol PLAY
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