Company Performance - Dave & Buster's reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, but down from $1.03 per share a year ago [1] - The earnings surprise for the quarter was 7.81%, while the previous quarter saw a loss of $0.45 per share against an expected loss of $0.42, resulting in a surprise of -7.14% [2] - The company posted revenues of $534.5 million for the quarter, missing the Zacks Consensus Estimate by 1.91%, and down from $599.1 million year-over-year [3] Stock Performance - Dave & Buster's shares have declined approximately 42.3% since the beginning of the year, compared to a 13.7% decline in the S&P 500 [4] - The current Zacks Rank for the stock is 5 (Strong Sell), indicating expectations of underperformance in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.13 on revenues of $585.07 million, and for the current fiscal year, it is $2.39 on revenues of $2.21 billion [8] - The estimate revisions trend for Dave & Buster's is currently unfavorable, which may impact future stock performance [6][7] Industry Context - The Retail - Restaurants industry, to which Dave & Buster's belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting potential challenges ahead [9]
Dave & Buster's (PLAY) Tops Q4 Earnings Estimates