Categories AlphaGraphs, Earnings, Leisure & Entertainment

Dave & Buster’s (PLAY) Q4 profit jumps on strong revenue growth

Dave & Buster’s Entertainment, Inc. (NASDAQ: PLAY), which operates a chain of casual dining and leisure facilities, reported a sharp increase in fourth-quarter earnings, aided by double-digit growth in revenues. Comparable-store sales increased at a faster pace.

Dave & Buster’s Entertainment Q4 2022 earnings infographic

The Dallas-based company reported a net income of $39.1 million or $0.80 per share for the January quarter, up from the prior-year profit of $25.7 million or $0.52 per share. Adjusted EBITDA moved up 63% annually to $138.4 million.

Fourth-quarter revenues climbed 64% year-over-year to $563.8 million, reflecting a 19% growth in comparable store sales. Both operating segments — Food and Beverages and Amusement and Other — registered growth.

“Fresh off the heels of our annual general manager’s conference, our exceptional team of operators and shared service center employees is motivated and energized to deliver on our goals we’ve set for the business in 2023 and beyond to realize our full potential. We look forward to sharing our progress with you throughout the course of the year as we continue to drive value creation for our stakeholders,” said Chris Morris, chief executive officer of Dave & Buster’s Entertainment.

Prior Performance

  • Dave & Buster’s Entertainment Q3 2022 earnings infographic
  • Dave & Buster's Entertainment Q2 2022 earnings infographic
  • Dave & Buster's Entertainment Q1 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Mattel (MAT): A look at the toymaker’s expectations for the year

Shares of Mattel, Inc. (NASDAQ: MAT) were up slightly on Thursday. The stock has gained 20% year-to-date and 19% over the past three months. There is a level of optimism

Earnings Preview: Paychex likely to report higher Q1 revenue and profit

Paychex Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is all set to publish operating results for the first three months of fiscal 2024. The company has

DRI Earnings: Key quarterly highlights from Darden Restaurants’ Q1 2024 financial results

Darden Restaurants, Inc. (NYSE: DRI) reported first quarter 2024 earnings results today. Total sales increased 11.6% to $2.73 billion compared to the same period last year. Blended same-restaurant sales were

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top