Exhibit 99.1 Dave & Buster's Reports Second Quarter 2024 Financial Results DALLAS, September 10, 2024 (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 second quarter ended August 6, 2024. Second Quarter 2024 Financial Highlights • Second quarter revenue of $557.1 million increased 2.8% from the second quarter of 2023. • Comparable store sales decre ...

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. My colleague Ethan Feller wrote about the reaction by Wall Street analysts to the company's outlook on June 24 when PLAY shares were still trading above $40... With the recent ...

Dave & Buster's (PLAY) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock m ...

Shares of Dave & Buster's Entertainment, Inc. (PLAY) have declined 26.2% year to date compared with the broader industry's decline of 8.4%. This underperformance has been mainly due to reduced walk-in traffic, a tough economic environment and poor comparable sales figures. Earnings estimates for PLAY have been going down over the past 60 days. The Zacks Consensus Estimate for 2024 has decreased 22.5%. The consensus estimate for second-quarter 2024 earnings has also been revised 15% downward over the same ti ...

It has been about a month since the last earnings report for Dave & Buster's (PLAY) . Shares have lost about 12.6% in that time frame, underperforming the S&P 500. Dave & Buster's reported tepid first-quarter fiscal 2024 results, with both earnings and revenues missing their respective Zacks Consensus Estimate. Both metrics declined on a year-over-year basis. Earnings & Revenues in Detail Food and Beverage revenues (34.4% of total revenues in the reported quarter) declined 0.9% year over year to $202.4 mill ...

This American restaurant and entertainment business company's prospects are largely hindered by declining comps, increased cost structure and less international exposure. Also, the ongoing macroeconomic uncertainties and inflationary market scenario are causing the consumers to be hesitant about their discretionary spending. Image Source: Zacks Investment Research Tepid Q1 Results: Dave & Buster's' first-quarter fiscal 2024 earnings and total revenues missed the Zacks Consensus Estimate by 28.2% and 3.8%, r ...

The company reported tougher year-over-year comparisons in January and February, exacerbated by challenging weather conditions. Sales during this period remained uneven, owing to economic difficulties in the lower-income demographics. The condensed and shorter spring break period further affected results, limiting the usual extended period for increased activities. Earnings & Revenues in Detail Food and Beverage revenues (34.4% of total revenues in the reported quarter) declined 0.9% year over year to $202. ...

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q1 2024 Earnings Conference Call June 12, 2024 5:00 PM ET Company Participants Cory Hatton - VP of IR & Treasurer Chris Morris - CEO Michael Quartieri - CFO Conference Call Participants Jake Bartlett - Truist Securities Sharon Zackfia - William Blair Andrew Strelzik - BMO Dennis Geiger - UBS Brian Vaccaro - Raymond James Operator Good day and welcome to the Dave & Buster's First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only ...

The reported revenue represents a surprise of -3.81% over the Zacks Consensus Estimate of $611.42 million. With the consensus EPS estimate being $1.56, the EPS surprise was -28.21%. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Comparable Store Sales - Total: -5.6% compared to the -3.4% average estimate based on six analysts. Store ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Dave & Buster's, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $588.1 million for the quarter ended April 2024, missing the Zacks Consensus Estimate by 3.81%. This compares to year-ago revenue ...