Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY ) Q2 2024 Earnings Conference Call September 10, 2024 5:00 PM ET Company Participants Cory Hatton - Vice President, Investor Relations and Treasurer Chris Morris - Chief Executive Officer Darin Harper - Chief Financial Officer Conference Call Participants Jake Bartlett - Truist Securities Jeff Farmer - Gordon Haskett Andy Barish - Jefferies Jared Hludzinski - BMO Capital Markets Brian Vaccaro - Raymond James Operator Good day and welcome to the Dave & Buster's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Although the revenue and EPS for Dave & Buster's (PLAY) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Dave & Buster's (PLAY) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.94 per share a year ago.
Dave & Buster's Entertainment ( PLAY ) became a Zacks #5 Rank Strong Sell in June after a big 28% earnings miss reported for their April quarter. As of May 5, 2024, the operator of the “Eat, Drink, Play and Watch" sports bar and family restaurant concept owned and operated 224 stores in 43 states, Puerto Rico and one Canadian province.
Dave & Buster's (PLAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
24/7 Wall St. Insights With a notable market rotation happening, where should nervous investors seek opportunities now?
Dave & Buster's (PLAY) suffers due to reduced walk-in traffic, a tough economic environment and poor comparable sales figures.
Dave & Buster's (PLAY) reported earnings 30 days ago. What's next for the stock?
The growth prospects of Dave & Buster's (PLAY) suffer due to declining comps on the back of weather-related risks, inflationary risks and macroeconomic uncertainties.
Equities struggled for direction as traders tried to reconcile the Fed's new policy timeline with the latest Producer Price Index.
Dave & Buster's (PLAY) fiscal first-quarter revenues suffer due to unfavorable weather conditions and economic difficulties in the lower-income demographics.
Earnings reports can yield unpredictable results, with restaurant and entertainment company Dave & Buster's Entertainment (NASDAQ: PLAY ) providing the latest example. Heading into the disclosure for the first quarter of 2024, PLAY stock benefited from the enthusiasm tied to the post-pandemic recovery narrative.