Dave & Buster's Reports First Quarter 2025 Financial Results DALLAS, June 10, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced financial results for its first quarter of fiscal 2025 ended May 6, 2025. First Quarter 2025 Financial Summary Other Highlights | | | | Q4'24 | Feb'25 | Mar'25 | Apr'25 | Q2'25 | QTD | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | S ...

Core Viewpoint - Dave & Buster's Entertainment, Inc. reported a decrease in financial performance for the first quarter of fiscal 2025, but the leadership is optimistic about a recovery driven by strategic changes in operations and marketing [4][5]. Financial Summary - Total revenue for the first quarter was $567.7 million, down 3.5% from $588.1 million in the same quarter of fiscal 2024 [6][7]. - Comparable store sales decreased by 8.3% compared to the first quarter of fiscal 2024 [6][7]. - Operating income was $63.2 million, representing 11.1% of revenue, compared to $85.5 million or 14.5% of revenue in the prior year [6][9]. - Net income totaled $21.7 million, or $0.62 per diluted share, down from $41.4 million, or $0.99 per diluted share in the first quarter of fiscal 2024 [7][8]. Operational Highlights - The company opened two new stores and relocated one during the first quarter, with two additional stores opened after the quarter ended [7]. - A total of 13 stores were remodeled in the first quarter [7]. - The company repurchased $23.9 million worth of shares, representing 2.9% of outstanding shares as of the end of fiscal 2024 [11]. Cash Flow and Liquidity - Operating cash generated during the first quarter was $95.8 million, with available liquidity of $423.2 million at the end of the quarter [10]. - The company ended the quarter with a Net Total Leverage Ratio of 3.1x [10][43]. Outlook - The company reiterated its outlook for fiscal 2025, including capital expenditures on new stores, remodels, and other initiatives [13].

Core Viewpoint - Dave & Buster's Entertainment, Inc. reported a decrease in financial performance for the first quarter of fiscal 2025, but the company is optimistic about a recovery driven by strategic operational changes and improvements in comparable store sales trends [4][6][7]. Financial Summary - Total revenue for the first quarter was $567.7 million, down 3.5% from $588.1 million in the same quarter of fiscal 2024 [6][7]. - Comparable store sales decreased by 8.3% compared to the first quarter of fiscal 2024 [6][7]. - Operating income was $63.2 million, representing 11.1% of revenue, compared to $85.5 million or 14.5% of revenue in the prior year [6][9]. - Net income totaled $21.7 million, or $0.62 per diluted share, down from $41.4 million, or $0.99 per diluted share in the first quarter of fiscal 2024 [7][8]. - Adjusted EBITDA was $136.1 million, a decrease of 14.5% from $159.1 million in the first quarter of fiscal 2024 [7][9]. Operational Highlights - The company opened two new stores and relocated one during the first quarter, with two additional stores opened after the quarter ended [7]. - A total of 13 stores were remodeled in the first quarter [7]. - The company repurchased $23.9 million worth of shares, representing 1.0 million shares or 2.9% of outstanding shares as of the end of fiscal 2024 [10]. Cash Flow and Liquidity - Operating cash generated during the first quarter was $95.8 million, with available liquidity of $423.2 million [10]. - The company ended the quarter with a Net Total Leverage Ratio of 3.1x [10][11]. Outlook - The company reiterated its outlook for fiscal 2025, emphasizing a focus on revenue growth and free cash flow generation [12].

Core Insights - PLAY experienced a 14.0% reduction in passenger numbers in May 2025, carrying 117,199 passengers compared to 146,692 in May 2024, due to a strategic shift towards leasing aircraft and focusing on the leisure market [1] - The load factor decreased to 80.9% in May 2025 from 86.4% in May 2024, reflecting the company's emphasis on leisure destinations, which typically have lower load factors but higher yields [2] - On-time performance improved significantly to 92.3% in May 2025 from 86.8% in May 2024, indicating operational excellence [3][8] Capacity and Strategy - The company increased seat capacity to leisure destinations by 26% year-over-year in May 2025, aligning with its strategic focus [3] - PLAY launched new direct flights to Agadir and Marrakesh, expanding its leisure destination offerings to 16 locations, including eight in Spain and four in Portugal [4][5] Financial Performance - Forward bookings and unit revenue for the summer are outperforming last year, suggesting a positive financial outlook [6] - The ACMI partnership with SkyUp began in May, with two aircraft operating under a Maltese AOC, contributing to predictable revenue streams [7]

Wall Street analysts expect Dave & Buster's (PLAY) to post quarterly earnings of $1.05 per share in its upcoming report, which indicates a year-over-year decline of 6.3%. Revenues are expected to be $569.26 million, down 3.2% from the year-ago quarter.The current level reflects an upward revision of 2.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a ...

DALLAS, May 28, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its first quarter ended May 6, 2025 after the market closes on Tuesday, June 10, 2025. Management will host a conference call to discuss these results on Tuesday, June 10, 2025, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived webcast of the ...

It has been about a month since the last earnings report for Dave & Buster's (PLAY) . Shares have added about 22.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Dave & Buster's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Th ...

Core Insights - PLAY experienced a 5% year-over-year increase in passenger numbers, carrying 128,119 passengers in April 2025 compared to 122,217 in April 2024, indicating strong demand in core markets and a well-aligned route network for early summer [1] Passenger Metrics - The load factor decreased to 82.6% in April 2025 from 85.1% in April 2024, attributed to a shift towards leisure-oriented destinations which typically have lower load factors but higher yields [2] - The share of passengers traveling from Iceland rose to 36.9% in April 2025, up from 30.0% the previous year, while the share traveling to Iceland increased to 31.8% from 27.0%. Conversely, VIA traffic share decreased to 31.3% from 43.0% [3] Operational Performance - PLAY achieved an on-time performance rate of 92.7% in April 2025, an improvement from 89.4% in April 2024, reflecting the airline's focus on schedule reliability and service quality [4] Future Outlook - The forward load factor and unit revenue for the upcoming summer months are trending above 2024 levels, with strong demand to and from Iceland. The recent launch of flights to Antalya, Turkey, and Faro, Portugal, is expected to enhance PLAY's position in the leisure market [5] Executive Commentary - The CEO of PLAY stated that the performance in April demonstrates the effectiveness of the company's strategy, highlighting solid demand across markets and the profitability of leisure routes despite lower load factors. The company is well-positioned for a successful summer with strong on-time performance and encouraging forward bookings [6]

DALLAS, May 02, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company") today announced that it will nominate Allen R. Weiss and Nathaniel J. Lipman for election to its Board of Directors. Existing Board members, Michael Griffith, Gail Mandel, and Jennifer Storms have notified the Company that they will not stand for reelection at the Company’s 2025 annual meeting of shareholders, to be held on June 20, 2025. “On behalf of the Board, we are pleased ...

Fly Play hf.: Financial Results Q1 2025 PLAY’s business plan continues to progress, with a clear focus on our most stable and profitable business segments: leisure and ACMI operations. Cash position strengthened to USD 21.1 million at the end of Q1 2025, up from USD 17.2 million. Operating costs in Q1 2025 were USD 58 million, compared to USD 66 million in Q1 2024. PLAY carried 286 thousand passengers in Q1 2025, compared to 349 thousand in Q1 2024. Load factor in Q1 2025 was 77.2%, compared to 81.8% in Q1 ...