Why Is Dave & Buster's (PLAY) Down 12.6% Since Last Earnings Report?

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 ...