secwatch.observer — SEC 8-K summary
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Issuer:     Dave & Buster's Entertainment, Inc. (PLAY)
CIK:        0001525769
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001628280-24-027822
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave & Buster's Q1: revenue $588M (-1.5%), comps -5.6%, EPS $0.99 vs $1.45
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525769/000162828024027822/0001628280-24-027822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525769/000162828024027822/play-20240612.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-027822

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