SCHEDULE 13G/A: Eminence Capital and Ricky C. Sandler Disclose 7.5% Stake in Dave & Buster's Entertainment
Beneficial Ownership Report
Eminence Capital, LP and Ricky C. Sandler have filed an amended Schedule 13G, reporting a beneficial ownership of 7.5% in Dave & Buster's Entertainment, Inc. as of March 31, 2025.
Summary
- Eminence Capital, LP and Ricky C. Sandler collectively beneficially own 2,905,454 shares of Dave & Buster's Entertainment, Inc. Common Stock.
- This ownership represents 7.5% of the company's outstanding common stock.
- The percentage is calculated based on 38,502,886 shares of Common Stock outstanding as of December 6, 2024, as reported in the Company's Quarterly Report on Form 10-Q.
- Eminence Capital, LP serves as the investment adviser to various investment funds and separately managed accounts that hold these shares.
- Ricky C. Sandler, as the Chief Executive Officer of Eminence Capital, is deemed to have shared voting and/or dispositive power over these shares.
- This filing is an Amendment No. 2 to a previously filed Schedule 13G, indicating an update to their reported beneficial ownership.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or prospects. It is a neutral regulatory filing.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of significant ownership by an institutional investor in a publicly traded company within the entertainment and restaurant industry. It reflects an investment position rather than operational or strategic industry trends.
Stakeholder Impact
- Provides transparency to shareholders and the market regarding significant institutional ownership in Dave & Buster's Entertainment, Inc.
Key Dates
| Date | Description |
|---|---|
| 2024-11-05 | End of the quarterly period for Dave & Buster's Entertainment's Form 10-Q. |
| 2024-12-06 | Date as of which 38,502,886 shares of Common Stock were reported outstanding in the Company's Form 10-Q. |
| 2024-12-10 | Date Dave & Buster's Entertainment filed its Quarterly Report on Form 10-Q for the period ended November 5, 2024. |
| 2025-03-31 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-05-15 | Date the Schedule 13G Amendment No. 2 was signed and filed. |
Keywords
Dave & Buster's Entertainment, Eminence Capital, Ricky C. Sandler, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Investment Fund
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