Dave & Buster's (PLAY) Q1 Earnings Miss Estimates, Stock Down
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. ...