earnings
confidence high
sentiment negative
materiality 0.75
Dave & Buster's Q1: revenue $588M (-1.5%), comps -5.6%, EPS $0.99 vs $1.45
Dave & Buster's Entertainment, Inc.
2024-Q1 EPS reported
$0.99
revenue$588,100,000
- Net income $41.4M ($0.99 diluted) vs $70.1M ($1.45) in Q1 2023; adjusted net income $46.4M ($1.12).
- Comparable store sales down 5.6% YoY; total revenue $588.1M, down 1.5% from Q1 2023.
- Adjusted EBITDA $159.1M (27.1% of revenue) vs $182.1M (30.5%) in Q1 2023, down 12.6%.
- Repurchased 1.0M shares for $50M (2.4% of outstanding); $150M remaining on authorization.
- Entered sale-leaseback for $45M; opened 4 new stores; signed 5-store Philippines franchise deal.