Dave and Busters 1Q17 Earnings Call Notes

Stephen King

We’re seeing a lot of real estate from retailers who are closing stores, but more often than not they are located places we don’t want to go

“So we pick the trade area that we want to go to first and we can try to narrow it down to a relatively narrow target within the trade area and then optimize for whatever the best real estate deal is within that trade area. I think that we are continuing to see a lot of flow in terms of things that are being shown to us, if you will, from the fact that Sears, Macy’s, JCPenney, Sports Authority, all these guys are putting space, if you will, on the market. But they don’t always lineup with where we want to go. And more often than not, where they want to – or where they have availability is where specifically we don’t want to go.