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Dave & Buster's(PLAY) - 2022 Q4 - Annual Report
2022-03-29 13:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED January 30, 2022 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 (S ...
Dave & Buster's(PLAY) - 2021 Q3 - Earnings Call Transcript
2021-12-08 01:48
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q3 2021 Earnings Conference Call December 7, 2021 5:00 PM ET Â Company Participants Scott Bowman - Chief Financial Officer Kevin Sheehan - Interim CEO Margo Manning - Chief Operating Officer Brian Jenkins - Chief Executive Officer Conference Call Participants Andrew Barish - Jefferies Jake Bartlett - Truist Securities Nicole Miller - Piper Sandler Brian Mullan - Deutsche Bank Jeffrey Farmer - Gordon Haskett Andrew Strelzik - BMO Capital Markets Alex Vasti - ...
Dave & Buster's(PLAY) - 2022 Q3 - Quarterly Report
2021-12-07 22:07
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED October 31, 2021 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 35-23 ...
Dave & Buster's(PLAY) - 2021 Q2 - Earnings Call Transcript
2021-09-10 05:52
Financial Data and Key Metrics Changes - The second quarter revenue reached $378 million, an all-time quarterly high, surpassing 2019 by $33 million [9][16] - EBITDA for the quarter was $114 million, up $36 million or 44% from Q2 of 2019, with an EBITDA margin of 30.2%, exceeding 2019's Q2 by over 700 basis points [9][17] - Net income increased 63% from 2019 to $53 million, resulting in a 19% increase in EPS to $1.07 per diluted share [18] Business Line Data and Key Metrics Changes - Comparable store sales increased by 3.6% compared to Q2 2019, with Amusements up 17% and Food & Beverage down 17% compared to 2019 [16][18] - Average weekly sales were $208,000 per week for the quarter, compared to $206,000 for Q2 2019 [16] Market Data and Key Metrics Changes - Strong demand was observed in California stores, contributing to rapid sales growth during the quarter [15] - The company reported a significant improvement in traffic trends, with comp sales showing acceleration during the quarter [16] Company Strategy and Development Direction - The company aims to emerge as a stronger, more competitive entity post-COVID, with a focus on enhancing the guest experience through new menu items and entertainment offerings [7][11] - Plans to open four new stores in 2021 and between six to eight stores in 2022, indicating a meaningful acceleration in growth [12][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's recovery and resilience, despite challenges such as labor market pressures and COVID resurgence [51][66] - The company expects third quarter comparable store sales to be approximately in line with trends observed in Q2 2019, with EBITDA significantly higher than Q3 2019 [22][85] Other Important Information - The company plans to redeem $55 million of its senior secured notes, saving $4.2 million in annualized interest [18] - A new D&B rewards program is set to launch in early Q4, aimed at increasing guest frequency and spend [35][36] Q&A Session Summary Question: Expectations for Food and Beverage sales shift with new menu rollout - Management noted that while Amusement traffic improved, Food traffic was slightly down, indicating a gradual recovery process [43] Question: Impact of rewards program on customer frequency and spend - The rewards program is designed to drive both frequency and spend, with an estimated cost of about 8% on total loyalty spend [45] Question: Drivers of same-store sales trends and recent deceleration - Management attributed recent deceleration to factors such as school calendar shifts and regional COVID impacts, but remains optimistic about recovery [50][51] Question: Updates on sports betting partnerships - The company is actively pursuing a sports betting partnership to enhance its appeal as a sports-watching destination [55] Question: Menu pricing actions and wage rate inflation - A mid-single-digit price increase was implemented for the Food segment, while Amusement pricing benefited from reduced discounting [60][66]
Dave & Buster's(PLAY) - 2022 Q2 - Quarterly Report
2021-09-09 21:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED August 1, 2021 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) (State of Incorp ...
Dave & Buster's(PLAY) - 2021 Q1 - Earnings Call Transcript
2021-06-11 04:20
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q1 2021 Earnings Conference Call June 10, 2021 5:00 PM ET | --- | |---------------------------------------| | | | Company Participants | | Scott Bowman - CFO | | Brian Jenkins - CEO | | Margo Manning - COO | | Conference Call Participants | | Chris O'Cull - Stifel | | Jake Bartlett - Truist Securities | | Jeff Farmer - Gordon Haskett | | Andrew Strelzik - BMO Capital Markets | | Nicole Miller - Piper Sandler | | Andy Barish - Jefferies | | Sharon Zackfia - W ...
Dave & Buster's(PLAY) - 2022 Q1 - Quarterly Report
2021-06-10 21:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 (State of Incorporation) (I.R.S. Employer ...
Dave & Buster's(PLAY) - 2020 Q4 - Earnings Call Transcript
2021-04-01 23:46
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q4 2020 Results Conference Call March 31, 2021 5:00 PM ET Company Participants Scott Bowman - Chief Financial Officer Brian Jenkins - Chief Executive Officer Margo Manning - Chief Operating Officer Conference Call Participants Jake Bartlett - Truist Securities Jeff Farmer – Gordo n Haskett Andy Barish - Jefferies Andrew Strelzik - BMO Sharon Zackfia - William Blair Chris O'Cull - Stifel Brian Vaccaro - Raymond James Brian Mullan - Deutsche Bank Joshua Long - ...
Dave & Buster's(PLAY) - 2021 Q4 - Annual Report
2021-03-31 21:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED January 31, 2021 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) (State of Incorporatio ...
Dave & Buster's(PLAY) - 2020 Q3 - Earnings Call Transcript
2020-12-11 08:20
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q3 2020 Earnings Conference Call December 10, 2020 5:00 PM ET | --- | |-----------------------------------------| | | | Company Participants | | Scott Bowman - Chief Financial Officer | | Brian Jenkins - Chief Executive Officer | | Margo Manning - Chief Operating Officer | | Conference Call Participants | | Jake Bartlett - Truist Securities | | Jeff Farmer - Gordon Haskett | | Andrew Strelzik - BMO | | Andrew Barish - Jefferies | | Chris O'Cull - Stifel | | ...