Dave & Buster’s ‘Going Concern’ Warning Signals Wave to Come

Dave & Buster’s Entertainment, Inc. warned investors this month that there was a substantial risk that the entertainment company would not survive the next 12 months.

The company’s going concern notice, typically a red flag for investors, was among several filed since mid-March related to the coronavirus pandemic. Most years, auditors issue such red flags in 400-plus annual reports. But those numbers are expected to rise this year as companies hit by the fallout from the pandemic take stock of their cash, debts coming due, and outlook for when ...