Fiscal Third Quarter 2025 Earnings Presentation -- February 19, 2025 -- Walnut Creek, CA Where magic strikes CAUTIONARY STATEMENTS Forward-Looking Statements Certain statements in this presentation constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform At of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securitie ...

Pinstripes Holdings Inc. (NYSE:PNST) Q3 2025 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Dale Schwartz - Founder and CEO Tony Querciagrossa - Chief Financial Officer Conference Call Participants Peter Saleh - BTIG Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to Pinstripes Holdings Third Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the lines will be open for your questi ...

Pinstripes Reports Fiscal 2025 Third Quarter Results NORTHBROOK, Ill. - February 19, 2025 - Pinstripes Holdings, Inc. ("Pinstripes" or "the Company") (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported its financial results for the fiscal quarter ended January 5, 2025. Third Quarter Fiscal 2025 Highlights Dale Schwartz, Founder and CEO, stated, "We are pleased with our team's ability to successfully execute on our ...

Pinstripes Holdings, Inc. (NYSE:PNST) Q2 2025 Earnings Conference Call November 26, 2024 5:00 PM ET Company Participants Dale Schwartz - Founder, President & CEO Tony Querciagrossa - CFO Conference Call Participants Brian Bittner - Oppenheimer & Company Matt Curtis - William Blair Peter Saleh - BTIG Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Pinstripes Holdings, Inc. Second Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants have been plac ...

Pinstripes Reports Fiscal 2025 Second Quarter Results 7.5% Revenue growth year-over-year driven by new venue development Eighteen open venues with Walnut Creek open as of November 15, 2024 Significant progress on removal of $15 million of annualized cost NORTHBROOK, Ill. - November 26, 2024 - Pinstripes Holdings, Inc. ("Pinstripes" or "the Company") (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported its financial ...

Financial Data and Key Metrics Changes - Total revenue increased by 19% to $30.6 million compared to $25.7 million in the same quarter last year, driven by a 16% increase in food and beverage revenues and a 30% increase in recreation revenues [14] - Same store sales decreased by 2.4%, with no price increases taken during the quarter [14] - Venue level EBITDA as a percentage of total revenue decreased to 7.2%, primarily due to negative contributions from new locations [16] Business Line Data and Key Metrics Changes - Food and beverage revenues accounted for approximately 75% of total revenue, while bowling and bocce made up the remaining balance [5] - Venue level EBITDA improved by nearly $2 million across new venues compared to the previous quarter, with all new venues showing sequential improvements [11] Market Data and Key Metrics Changes - Mature stores, those open for more than 24 months, generated average contribution margins of 12.6%, representing a 240 basis point decline year over year due to sales deleverage [17] - The company anticipates same store sales growth to range from negative low single digits to positive low single digits for the fiscal year [18] Company Strategy and Development Direction - The company is focused on improving its venue level cost structure, identifying $10 million in annualized savings across its system [4] - New unit development strategy includes both established real estate developments and new developments, with plans to open two new venues in Walnut Creek, California, and Coral Gables, Florida [12][13] - The company aims to achieve adjusted EBITDA profitability in the third quarter on a sustainable basis going forward [9] Management Comments on Operating Environment and Future Outlook - Management acknowledged a challenging macro environment and softer consumer demand, but expressed confidence in the brand's positioning for improved profitability as conditions improve [4] - Preliminary results for the second quarter indicate expanded margins despite softer open play sales [19] Other Important Information - The company has secured $5 million in additional financing and increased its potential future funding facility by $10 million [17] - Approximately 50% of the benefits from recent cost-cutting measures will impact fiscal 2025, with full effects expected in fiscal 2026 [18] Q&A Session Summary Question: Can you provide confidence in the updated financial guidance for fiscal '25? - Management noted that Q3 is crucial due to the mix of events and operating leverage, with preliminary results showing margin expansion despite softer sales [19] Question: Is the reduction in unit openings a signal of a change in growth outlook? - Management confirmed that the two units planned for this year are on track, with long-term growth expectations remaining stable [21] Question: What caused the decline in same store sales? - Management explained that May was down 1%, June saw a significant drop of nearly 6%, and July flattened out, attributing the decline to various factors including weather and event shifts [23] Question: Was June an outlier in terms of performance? - Management acknowledged that June was affected by weather dynamics and event shifts, but overall event bookings are up year-over-year [26] Question: How do you view the competitive landscape in the experiential dining category? - Management believes the performance issues are not due to competition or a waning category, but rather due to comparisons against strong prior year performance [30]

Pinstripes Reports Fiscal 2025 First Quarter Results And Updated Fiscal 2025 Guidance 18.9% Revenue growth year-over-year driven by new venue development Seventeen open venues with five additional locations in development as of September 4, 2024 Secures $5 million in funding from existing lenders and upsized future loan NORTHBROOK, Ill. - September 4, 2024 - Pinstripes Holdings, Inc. ("Pinstripes" or "the Company") (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, b ...

Washington, D.C. 20549 _________________________ FORM 10-K _________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 28, 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 number 001-41236 _________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Pinstripes Holdings, Inc. (Exact Name of ...

Pinstripes Holdings Inc. (NYSE:PNST) Q4 2024 Earnings Call Transcript June 27, 2024 5:00 PM ET Company Participants Dale Schwartz - Founder, President and CEO Tony Querciagrossa - CFO Conference Call Participants Brian Bittner - Oppenheimer & Company Peter Saleh - BTIG Zach Riddle - William Blair Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Pinstripes Holdings Inc. Fourth Quarter Fiscal ‘24 Earnings Conference Call. At this time, all participants have been placed in ...

Jacksonville, FL Forward-Looking Statements Stockholders and prospective investors should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Annual Report on Form 10-K filed by Pinstripes on June 28, 2024, and other documents filed by Pinstripes from time to time with the SEC. Periods Presented 2 Well, it all started over 50 years ago ina small bowling alley in Cleveland. We always had fun bowling and eating together, and that feelin ...