Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED May 5, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File No. 001-35664 Dave & Buster's Entertainment, Inc. (Exact name of registrant as specified in its charter) | Delaware | 35-2382255 | | -- ...

1 • First quarter revenue of $588.1 million decreased 1.5% from the first quarter of 2023. • Comparable store sales decreased 5.6% compared with the same calendar period in 2023. The same calendar period compares the 13 weeks from February 5, 2024 through May 5, 2024 to the 13 weeks from February 6, 2023 through May 7, 2023. • Net income totaled $41.4 million, or $0.99 per diluted share, compared with net income of $70.1 million, or $1.45 per diluted share in the first quarter of 2023. Adjusted Net income t ...

Dave & Buster's Entertainment, Inc. (PLAY) is scheduled to report first-quarter fiscal 2024 results on Jun 12, 2024, after market close. In the last reported quarter, the company posted a negative earnings surprise of 3.7%. Q1 Expectations The Zacks Consensus Estimate for fiscal first-quarter earnings per share (EPS) is pegged at $1.55, indicating growth of 6.9% from $1.45 reported in the year-ago quarter. For revenues, the consensus mark is pegged at $614 million. The metric suggests growth of 2.8% from th ...

This owner of Dave & Buster's, a chain of restaurants and arcades is expected to post quarterly earnings of $1.55 per share in its upcoming report, which represents a year-over-year change of +6.9%. Wall Street expects a year-over-year increase in earnings on higher revenues when Dave & Buster's (PLAY) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock pric ...

Financial Data and Key Metrics - Q4 2023 revenue was $599 million, with adjusted EBITDA of $152 million, representing a 25 3% adjusted EBITDA margin, a 380 basis point expansion compared to 2019 [104] - Net income for Q4 2023 was $36 million, or $0 88 per diluted share, while adjusted net income was $42 million, or $1 03 per diluted share [104] - Pro forma comparable store sales decreased 7% in Q4 2023 versus 2022, but were up 8% compared to Q4 2019 [114] - Adjusted EBITDA grew by $28 million in fiscal 2023, with adjusted EBITDA margins expanding by 80 basis points year-over-year on a pro forma basis [35] Business Line Performance - Food and beverage revenue per check is expected to increase by mid-single digits, with a material improvement in F&B COGS and a 3 to 5 point improvement in food satisfaction scores [1] - Special Events revenue is pacing to finish Q1 up mid-single digits versus 2019, with strong expectations for the May and June graduation season [122] - The new service model for Special Events is driving results, with the company preparing for the busy season and setting up for banquet events later in the year [5] Market Performance - International development is gaining momentum, with 33 stores in the pipeline across six countries, and up to four stores expected to open in the next 12 to 18 months [37] - The company recently entered into a franchise agreement to develop two stores in the Dominican Republic, further expanding its international presence [37] Strategic Direction and Industry Competition - Fiscal 2024 is expected to be a transformative year, with significant progress on organic growth initiatives, including an acceleration of the remodel program and continued store base growth [28] - The company is focused on improving food and beverage offerings, with a multi-phase roadmap to introduce a new menu and service model [45] - Strategic game pricing has been implemented, with regional differentiation showing encouraging results, particularly in stores with the highest price increases [42] Management Commentary on Operating Environment and Future Outlook - The company is navigating the business to meet consumer demand, with a focus on value and favorable mix shifts in food and beverage offerings [4] - Management is confident in the company's ability to achieve its $1 billion adjusted EBITDA target in the coming years, driven by organic growth initiatives and cost efficiency [28] - The company is better equipped than ever to be nimble in marketing and discounting, targeting the right guests with the right offers [6] Other Important Information - The company has a robust pipeline of new units, with 15 new stores planned for fiscal 2024 across both Dave & Buster's and Main Event brands [63] - The loyalty program grew by 500,000 users in Q4 2023, with loyalty guests visiting 50% more frequently and spending 15% more per visit compared to non-loyalty guests [41] - The company has increased its share repurchase authorization to $200 million, reflecting a focus on driving shareholder value [109] Q&A Session Summary Question: Consumer response to price increases and current environment [2] - The company is seeing an increase in check size driven by a favorable mix shift, not price increases, with guests selecting items they see value in [4] - The company is being careful about balancing price and value, with a focus on improving its ability to navigate pricing strategies [7] Question: Impact of weather on Q4 performance [79] - Severe weather in January led to 60-plus stores being partially or fully closed, significantly impacting Q4 comparable store sales [79] Question: Progress on strategic initiatives since Investor Day [80] - The company is on schedule with its strategic initiatives, having completed infrastructure work and testing, and is now implementing these initiatives [82] - Remodels, new units, international expansion, game pricing, and food and beverage offerings are all progressing as expected [83] Question: Impact of game pricing changes on dwell time and value proposition [86] - The company has not seen a material deterioration in dwell time or value proposition due to game pricing changes, but will continue to monitor and adjust as needed [93] Question: Consumer behavior trends and recent choppiness [94] - The company has seen some weakness in lower-income consumers but strength in high-end consumers, with overall spending patterns remaining stable [96] - Visitation has been choppy, but once guests are in the door, spending levels and dwell times remain consistent [106]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED February 04, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File No. 001-35664 ______________________________ Dave & Buster's Entertainment, Inc. (Exact name of registrant as specified in its ...

Dave & Buster's Reports Fourth Quarter and Fiscal Year End 2023 Financial Results Exhibit 99.1 • Fourth quarter revenue of $599.1 million increased 6.3% from the fourth quarter of 2022. • Pro forma combined comparable store sales (including Main Event branded stores) decreased 7.0% compared with the same period in 2022 and increased 8.0% compared with the same period in 2019. • Net income totaled $36.2 million, or $0.88 per diluted share, compared with net income of $39.1 million, or $0.80 per diluted share ...

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q3 2023 Earnings Conference Call December 5, 2023 5:00 PM ET Company Participants Cory Hatton - Vice President, Investor Relations and Treasurer Chris Morris - Chief Executive Officer Michael Quartieri - Chief Financial Officer Conference Call Participants Andy Barish - Jefferies Jeff Farmer - Gordon Haskett Brian Mullan - Piper Sandler Brian Vaccaro - Raymond James Sharon Zackfia - William Blair Operator Good day, and welcome to the Dave & Buster's Third ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED October 29, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File No. 001-35664 Dave & Buster's Entertainment, Inc. (Exact name of registrant as specified in its charter) | Delaware | 35-2382255 | ...

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Q2 2023 Earnings Conference Call September 6, 2023 5:00 PM ET Company Participants Cory Hatton - Vice President, Investor Relations and Treasurer Chris Morris - Chief Executive Officer Mike Quartieri - Chief Financial Officer Conference Call Participants Jake Bartlett - Truist Securities Jeff Farmer - Gordon Haskett Brian Vaccaro - Raymond James Andrew Strelzik - BMO Capital Dennis Geiger - UBS Operator Good day, and welcome to the Dave & Buster's Second Qua ...