Shares of Dave & Buster's Entertainment, Inc. (PLAY) have declined 26.2% year to date compared with the broader industry's decline of 8.4%. This underperformance has been mainly due to reduced walk-in traffic, a tough economic environment and poor comparable sales figures. Earnings estimates for PLAY have been going down over the past 60 days. The Zacks Consensus Estimate for 2024 has decreased 22.5%. The consensus estimate for second-quarter 2024 earnings has also been revised 15% downward over the same ti ...

It has been about a month since the last earnings report for Dave & Buster's (PLAY) . Shares have lost about 12.6% in that time frame, underperforming the S&P 500. Dave & Buster's reported tepid first-quarter fiscal 2024 results, with both earnings and revenues missing their respective Zacks Consensus Estimate. Both metrics declined on a year-over-year basis. Earnings & Revenues in Detail Food and Beverage revenues (34.4% of total revenues in the reported quarter) declined 0.9% year over year to $202.4 mill ...

This American restaurant and entertainment business company's prospects are largely hindered by declining comps, increased cost structure and less international exposure. Also, the ongoing macroeconomic uncertainties and inflationary market scenario are causing the consumers to be hesitant about their discretionary spending. Image Source: Zacks Investment Research Tepid Q1 Results: Dave & Buster's' first-quarter fiscal 2024 earnings and total revenues missed the Zacks Consensus Estimate by 28.2% and 3.8%, r ...

The company reported tougher year-over-year comparisons in January and February, exacerbated by challenging weather conditions. Sales during this period remained uneven, owing to economic difficulties in the lower-income demographics. The condensed and shorter spring break period further affected results, limiting the usual extended period for increased activities. Earnings & Revenues in Detail Food and Beverage revenues (34.4% of total revenues in the reported quarter) declined 0.9% year over year to $202. ...

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q1 2024 Earnings Conference Call June 12, 2024 5:00 PM ET Company Participants Cory Hatton - VP of IR & Treasurer Chris Morris - CEO Michael Quartieri - CFO Conference Call Participants Jake Bartlett - Truist Securities Sharon Zackfia - William Blair Andrew Strelzik - BMO Dennis Geiger - UBS Brian Vaccaro - Raymond James Operator Good day and welcome to the Dave & Buster's First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only ...

The reported revenue represents a surprise of -3.81% over the Zacks Consensus Estimate of $611.42 million. With the consensus EPS estimate being $1.56, the EPS surprise was -28.21%. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Comparable Store Sales - Total: -5.6% compared to the -3.4% average estimate based on six analysts. Store ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Dave & Buster's, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $588.1 million for the quarter ended April 2024, missing the Zacks Consensus Estimate by 3.81%. This compares to year-ago revenue ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED May 5, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File No. 001-35664 Dave & Buster's Entertainment, Inc. (Exact name of registrant as specified in its charter) | Delaware | 35-2382255 | | -- ...

1 • First quarter revenue of $588.1 million decreased 1.5% from the first quarter of 2023. • Comparable store sales decreased 5.6% compared with the same calendar period in 2023. The same calendar period compares the 13 weeks from February 5, 2024 through May 5, 2024 to the 13 weeks from February 6, 2023 through May 7, 2023. • Net income totaled $41.4 million, or $0.99 per diluted share, compared with net income of $70.1 million, or $1.45 per diluted share in the first quarter of 2023. Adjusted Net income t ...

Dave & Buster's Entertainment, Inc. (PLAY) is scheduled to report first-quarter fiscal 2024 results on Jun 12, 2024, after market close. In the last reported quarter, the company posted a negative earnings surprise of 3.7%. Q1 Expectations The Zacks Consensus Estimate for fiscal first-quarter earnings per share (EPS) is pegged at $1.55, indicating growth of 6.9% from $1.45 reported in the year-ago quarter. For revenues, the consensus mark is pegged at $614 million. The metric suggests growth of 2.8% from th ...