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COPYRIGHT 2005 The Dallas Morning News
Byline: Karen Robinson-Jacobs
Aug. 25--While admitting that it underestimated the difficulty in breathing new life into restaurants it acquired from a bankrupt chain, executives with Dave & Buster's Inc. Thursday said they stood by the decision to buy the stores.
And even as investors were shaving about 20 percent off of the company's share price in early trading, the Dallas-based restaurant company vowed to press on with efforts to bring the adopted outlets up to speed.
After the market closed Wednesday, the company announced that it was cutting its earnings guidance for the year by more than 40 percent for the current fiscal year-dropping from...
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