Dave & Buster’s Achieves 6.1% Revenue Growth in Third Quarter
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Dave & Buster's Entertainment (PLAY) Reports In-Line Q3 EPS, Revenues Beat; Updates FY20 Revenue Guidance
December 10, 2019 4:08 PM ESTDave & Buster's Entertainment (NASDAQ: PLAY) reported Q3 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $299.4 million versus the consensus estimate of $296.36 million.
Key Highlights (all comparisons to third quarter 2018)
Total revenues increased 6.1% to $299.4 million from $282.1 millionNumber of stores increased 13.6% to 134 from 118Comparable store sales decreased 4.1%Net income totaled $0.5 million, or $0.02 per diluted share, vs. net income of $11.9 million, or $0.30 per diluted share.Third quarter 2019 net income was negatively affected by pre-tax charges totaling $3.3... More