S&P ups Dave & Buster's outlook to stable

Standard & Poor's said it revised its ratings outlook on Dave & Buster's Inc. to stable from negative.

At the same time, the agency said it affirmed all of our ratings, including the B- corporate credit rating, on the company.

The outlook revision reflects the company's increased sales and ability to control costs, which have led to better profitability and improved credit metrics in the past year, S&P noted, adding that its ratings on Dave & Buster's reflect the company's small size in the highly competitive restaurant and out-of-home entertainment industries, vulnerability to cost increases and changes in consumer spending habits and a highly leveraged capital structure that limits cash flow protection.

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