Dave & Buster's (PLAY) Q3 revenue $481.2M record; Adj. EBITDA $90.0M

Dave & Buster's Entertainment, Inc.

2022-Q3 EPS reported $1.99 revenue$1,400,666,000

Revenue $481.2M (+51.3% YoY, +60.7% vs 2019); record third quarter.
Net income $1.9M ($0.04 diluted EPS) vs $10.6M ($0.21) in Q3 2021.
Adj. EBITDA $90.0M (record), +31.9% YoY; operating cash flow $67.9M.
Pro forma combined comps +13.3% vs 2021; synergies: $17M of $25M target achieved.
Q4 first 5 weeks: pro forma combined comps +3.1% vs 2021; walk-in -2.4%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Dave & Buster's Entertainment, Inc. reported third quarter ended October 30, 2022 results: revenue $481.2 million, net income $1.9 million, EPS 4 cents per diluted share.

Period: third quarter ended October 30, 2022
Revenue: $481.2 million
Net income: $1.9 million
EPS: 4 cents per diluted share
Result: reported results

Exact text from the filing

Record third quarter revenue of $481.2 million increased 51.3% from the third quarter of 2021 and increased 60.7% from the third quarter of 2019. Including the pro forma contribution of Main Event in the third quarter of 2021 and 2019, this quarter’s revenue grew 20.6% and 32.5%, respectively. • Pro forma combined comparable store sales (including Main Event branded stores) increased 13.3% compared with the same period in 2021 and 17.5% compared with the same period in 2019. • Net income totaled $1.9 million, or 4 cents per diluted share, compared with net income of $10.6 million, or 21 cents per diluted share in the third quarter of 2021 and net income of $0.5 million, or 2 cents per diluted share in the third quarter of 2019.

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Source: SEC EDGAR

accession 0001104659-22-124897

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