Dave & Buster’s: Fiscal Q1 Earnings Snapshot
- Dave & Buster's reported first-quarter fiscal 2025 financial results on May 6, 2025, showing revenue and earnings declines amid store expansions.
- The declines followed decreased total revenue and comparable store sales, despite the company’s back-to-basics strategy aimed at recovery.
- The company opened two new stores, relocated one, remodeled thirteen, repurchased one million shares, and ended the quarter with $423.2 million liquidity.
- Revenue totaled $567.7 million, down 3.5% year-over-year, with adjusted earnings per share of $0.76 versus estimates of $0.98, reflecting ongoing challenges.
- Despite near-term setbacks, Dave & Buster’s reported sequential sales improvement since February and reiterated confidence in growth and shareholder value.
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Dave & Buster’s 1st-Quarter Results Well Below Estimates, but Shares Jump After Hours
Faced with budget-conscious customers who are spending less on dining out and entertainment, Dave & Buster’s Entertainment Inc. on June 10 reported a near double-digit decline in same-store sales as it looked to rebound from a tough end to fiscal 2025. During its after-market conference call with Wall Street analysts, Dave & Buster’s interim CEO Kevin Sheehan said the Texas-based casual dining and entertainment operator is still recovering from …
·New York, United States
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Total News Sources15
Leaning Left3Leaning Right3Center7Last UpdatedBias Distribution54% Center
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- 54% of the sources are Center
54% Center
L 23%
C 54%
R 23%
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