logo
Dave & Buster's Profit Drops on Lower Revenue

Dave & Buster's Profit Drops on Lower Revenue

Dave & Buster's notched a smaller profit in its spring quarter as revenue from arcade games and its other entertainment offerings declined.
The arcade-restaurant operator had a profit of $21.7 million, or 62 cents a share, for the quarter ended May 6, compared with $41.4 million, or 99 cents a share, in the same period a year earlier.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mayor of nation's 'best-run' city credits focus on responsible budgeting, public safety
Mayor of nation's 'best-run' city credits focus on responsible budgeting, public safety

Fox News

time17 minutes ago

  • Fox News

Mayor of nation's 'best-run' city credits focus on responsible budgeting, public safety

The mayor of Provo, Utah, told Fox News Digital that Provo was ranked as the best-run city in a new survey because local government officials adhered to the fundamentals. "We've always believed in getting the basics right first and that's quality schools, safe neighborhoods, well-maintained roads and responsible budgeting," Provo Mayor Michelle Kaufusi told Fox News Digital after financial services company WalletHub touted her city this week. Kaufusi cited her work on public safety, noting it was a "top concern" for residents. "We're proud to boast that we have the fourth-lowest violent crime rate in the whole nation and the seventh-lowest property crime rate. And two years ago, we were voted the safest large city in the nation," Kaufusi said. "So all of those factors come into play. It seems to put the spotlight on us and that's what brings people to Provo. And we love it and [it] brings business and we're open for business. So we are really honored and really humbled that we got to be called out for this [honor] today." WalletHub attributed economic growth, low crime, low unemployment and clean roads to Provo's high ranking. The financial service added that Provo, which has more than 110,000 residents, also boasted the 22nd-best road quality in the country. WalletHub reported it measured the "effectiveness of local leadership" by "determining a city's operating efficiency." Each city was given a "Quality of Services" score based on 36 metrics that were grouped into six service categories, including financial stability, education, health, safety, economy, and infrastructure and pollution. These were measured against the city's per capita budget. The cities that ranked low on WalletHub's list had high crime rates, including San Francisco, which came in as the worst-run on the list of 148 cities. WalletHub writer and analyst Chip Lupo told Fox News Digital that "Provo is a great example of what can happen when city leaders listen to their residents." "The mayor mentioned that public safety is a top priority, and the results speak for themselves. Provo has some of the lowest violent and property crime rates in the country, and that was a key factor in Provo's ranking as the best-run city in our study," Lupo said. "Public safety is essentially the foundation for everything else in any city. When people feel safe, they're more likely to engage in their community, support local businesses, and take advantage of public services. Provo shows that you can prioritize safety and still manage your budget well. It's a great model for other cities looking to improve how they serve their residents."

Underneath the busy Baltimore streets, the Howard Street Tunnel gets its makeover
Underneath the busy Baltimore streets, the Howard Street Tunnel gets its makeover

Yahoo

time22 minutes ago

  • Yahoo

Underneath the busy Baltimore streets, the Howard Street Tunnel gets its makeover

A squad of construction workers descend daily under the streets of Baltimore. They labor deep down, in the semi-secret and highly restricted chamber known as the Howard Street Tunnel. The massive brick-lined tube, hand-dug in the 1890s under the bed of downtown Baltimore's Howard Street, has been closed to freight rail traffic since February for this complex infrastructure makeover. 'It's definitely a unique project,' says Derek Mihaly, CSX Railroad's Mid-Atlantic director of construction who is heading the effort. The work runs 24 hours a day, seven days a week. Along the way, the tunnel got WiFi and toilets. It's an eerie and oddly cool place, no matter how hot it is upstairs. There's not a trace of graffiti and only the atmospheric smudges of a half century of locomotive coal smoke color the brick walls. It seems enormous and never-ending. It's meant for heavy business and shares nothing with a traditional highway or subway tunnel. Mihaly said that just this week, the workers achieved the 47% completion mark to lower the historic, 1895 rail tunnel by two feet. The tunnel is now officially lowered from Mount Royal Station near the Joseph Meyerhoff Symphony Hall to Centre Street, a spot west of the Walters Art Museum. Once this brick-lined tube is deepened and rails re-laid, it will be capable of carrying double stacks of steel shipping containers from M&T Bank Stadium to North Baltimore and a vital connection to Baltimore's Seagirt Marine Terminal Intermodal Container Facility. 'We found the original tunnel in great condition,' said Mihaly. One surprise, he said, was the solid rock encountered at Mount Royal Avenue. The rest of the way was the same clay you encounter when you dig a hole in and around Baltimore. He explained that his contractors built a machine for this job that clears out the base debris (the brick tunnel flooring) and then inserts a new concrete base. 'That base is shaped like the bottom half of a stop sign,' Mihaly said. The work is costly. The $466 million cost is shared by the State of Maryland, CSX, the Federal Railroad Administration, and the Pennsylvania Dept. of Transportation. Within that cost, the State of Maryland has pledged $247.5 million for the project. Several bridges will also have to be altered, including a city-owned span at Sisson Street. Pennsylvania has pledged to alter its bridges where the railroad passes. This tunnel modification will accommodate the height of double-stacked container trains and give the CSX a speedy route to the Midwest. Two construction entities are doing the work — Skanska USA (a firm founded in Sweden) and Joseph B. Fay, based in Glen Burnie. The precast concrete sections were fabricated in Chesapeake, Virginia. The tunnel passes on a north-south course through downtown Baltimore. The tracks connect Washington, Western Maryland and Philadelphia, among other destinations. Because of its port, Baltimore is a major traffic point for the railroad, founded as the Baltimore and Ohio here in 1827. The old Baltimore and Ohio Railroad built the tunnel in 1895 to get its trains to Philadelphia and Jersey City. Passenger service along this route ended in 1958, with only a summertime race fans' train bound for Delaware Park after that. But the tunnel had famous travelers. Many presidents rode this line — it was a favorite of Franklin D. Roosevelt — and Queen Elizabeth and Prince Philip in 1957. The tunnel is listed on the National Register of Historic Places and was scientifically innovative for the 1890s. It was fitted to power special electric locomotives that were attached to steam locomotives. The mighty electric engines pulled trains from Camden Station to Waverly, where they switched off and the steam locomotives pressed on to Philadelphia. Freight trains are expected to begin running later this year, Mihaly said. It may take a while longer to see the completion of a replacement bridge at Harford Road and a partially reconstructed North Avenue Bridge. The North Avenue site has several challenges. While the CSX tracks run exposed in daylight, they must pass under the bridge's stone arch and on top of another underground tube — the AMTRAK and MARC train Frederick Douglass Tunnel. Persons working in downtown office buildings, or living near the Hippodrome Theatre, or riding light rail, observe no active construction activity. And yet, under some of the city's busiest streets, workers are laboring only about 40 feet away. The place to observe the staging site for the operation is in the Remington neighborhood, near West 26th and Sisson streets. On the south end, the removed clay and rock are being stored at the CSX property at Mount Winans at Gable Avenue. 'From the top, there is no idea that anything is happening,' said Mihaly. 'And that's a good thing,' he quickly adds. Have a news tip? Contact Jacques Kelly at and 410-332-6570.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store