Drive Shack Inc.
DS-PC
New York Stock Exchange5.84
USD
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Drive Shack Inc.
DS-PC
(New York Stock Exchange)
Recent
price
5.84
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Drive Shack Inc. operates as a leading owner and operator of golf-related leisure and entertainment businesses primarily in the United States, focusing on bringing people together through competitive socializing and innovative golf experiences. The company’s main products and services include its core entertainment golf venues featuring state-of-the-art driving ranges equipped with radar-based TrackMan™ technology for precision ball tracking; interactive and augmented reality golf games such as Darts, Monster Hunt, ShackJack, and Pro Range; and modern mini-golf venues under the Puttery brand. Drive Shack also provides full-service bars and restaurants with curated food and beverage menus including craft cocktails, local and regional craft beers, and premium spirits, alongside flexible event spaces and rooftop terraces designed for corporate and social events. Its portfolio includes three key brands: American Golf, Drive Shack, and Puttery, which serve a broad customer base ranging from casual social players to golf enthusiasts looking for a technologically enhanced entertainment experience. Founded in 2013 and headquartered in Dallas, Texas, Drive Shack has expanded its presence to over 150 locations, primarily in tourist-heavy states such as Florida and Texas, leveraging these high-traffic markets to attract price-sensitive and leisure-oriented consumers. The company operates under a membership-based model with tiered pricing, effectively adapting to consumer demand shifts and economic conditions. Recent strategic changes include a $50 million debt refinancing completed in the second quarter of 2025 that lowered interest costs, enabling capital reinvestment in technology upgrades such as enhanced mobile apps for booking and customer engagement. Drive Shack has also focused on operational efficiencies and cost control initiatives during 2024 and 2025 to address industry challenges from inflationary pressures and discretionary spending trends. Despite reporting revenue declines and net losses in 2024, the company is positioned for an EBITDA turnaround by late 2025 supported by a resurgence in seasonal demand and membership pricing adjustments that have not impacted signup rates. In the last two years, Drive Shack has also advanced its digital and gaming technology platforms, including deploying proprietary software for innovative golf games, and expanded food and beverage offerings with new seasonal menus and exclusive partnerships with local breweries. The company continues to emphasize a comprehensive social entertainment experience through this combination of technology, premium hospitality, and flexible event hosting capabilities. Drive Shack’s strategic focus remains on amplifying customer engagement through technology-enhanced golf entertainment and hospitality services while maintaining geographic concentration in key high-demand leisure markets. Overall, Drive Shack Inc. operates within the broader leisure and entertainment industry segment, targeting casual and frequent leisure consumers, tourists, corporate clients, and golf enthusiasts with multi-experience venues blending technology, sport, and dining. The company maintains a decentralized management model that allows localized pricing and operational flexibility to adapt to regional market conditions and maximize growth opportunities. This comprehensive approach, combined with recent financial restructuring and technology investments, positions Drive Shack to capitalize on evolving consumer preferences in the golf entertainment space across the United States. The company remains focused on revenue growth through membership tiers, event hosting, and continuous innovation in its entertainment offerings.