DALLAS, May 28, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its first quarter ended May 6, 2025 after the market closes on Tuesday, June 10, 2025. Management will host a conference call to discuss these results on Tuesday, June 10, 2025, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived webcast of the ...

DALLAS, May 28, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its first quarter ended May 6, 2025 after the market closes on Tuesday, June 10, 2025. Management will host a conference call to discuss these results on Tuesday, June 10, 2025, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived webcast of the ...

Group 1 - Bill Ackman has made significant investments in the automotive sector, particularly in Uber Technologies, acquiring over 30 million shares, making it the largest holding in the Pershing Square portfolio [2][4] - Ackman increased his stake in Hertz Global Holdings by 18%, with a purchase of 12.7 million shares that was initially undisclosed due to confidentiality [2][3] - Pershing Square exited its position in Nike, previously holding 18.8 million shares, marking a complete divestment [3][5] Group 2 - The latest 13F filing reveals that Ackman and Pershing Square currently hold 11 stocks, with Uber representing 19% of the portfolio, followed by Brookfield Corporation at 18% and Restaurant Brands International at 13% [4][6] - Other notable holdings include Howard Hughes Holdings at 12%, Chipotle at 9.1%, and Canadian Pacific at 8.7% [6] - The portfolio has seen significant changes, with Hilton Worldwide Holdings decreasing by 45% and Google Class C shares down by 16% [5][6]

Core Viewpoint - Wingstop demonstrated strong revenue growth in Q1 FY2025, but same-store sales growth and rising costs raise concerns about future profitability [1][2]. Financial Performance - Revenue increased by 17.4% year-over-year to $171.1 million in Q1 FY2025, up from $145.8 million in Q1 FY2024 [3]. - Net income surged by 221% to $92.3 million, translating to $3.24 per diluted share [1][6]. - Adjusted EBITDA rose by 18.4% to $59.5 million, indicating effective operational management [3][8]. - System-wide sales reached $1.30 billion, reflecting a 15.6% increase from the previous year [3][6]. Same-Store Sales and Costs - Same-store sales grew by only 0.5% in Q1 FY2025, a significant decline from a 21.6% increase in the same quarter last year [2][7]. - The cost of sales increased to 76% of sales, up from 74.5% in the prior fiscal first quarter, raising concerns about profitability [8]. Business Model and Expansion - Wingstop operates a predominantly franchised model, with 98% of locations being franchise-run, which supports high operating margins and consistent cash flow [4]. - The company aims to expand to over 6,000 domestic outlets and 4,000 international locations, projecting a global unit growth rate of 14% to 15% [4][9]. Digital Strategy - The company focuses on digital sales and customer engagement, with digital channels accounting for 72% of system-wide sales in Q1 FY2025 [5]. - Significant investments in technology and advertising are being made to sustain same-store sales growth [5]. Future Outlook - Management remains optimistic about expansion despite a challenging macroeconomic environment that may impact consumer spending [9][10]. - No specific forward guidance on earnings or revenue was provided, with a focus on strategic expansion and digital transformation [10].

OCTOPUS TITAN VCT PLC Annual report and financial statements for the year ended 31 December 2024 Octopus Titan VCT plc announces the final results for the year to 31 December 2024 as below. Octopus Titan VCT plc (‘Titan’ or the ‘Company’) is managed by Octopus AIF Management Limited (the ‘Manager’), which has delegated investment management to Octopus Investments Limited (‘Octopus’ or ‘Portfolio Manager’) via its investment team Octopus Ventures. Key financials 20242023Net assets (£’000)£831,358£993,744Los ...

Core Concept - Chili's Grill & Bar introduces the Radical 'Rita, a new margarita inspired by 90's nostalgia, available for $6 at participating locations throughout May [1][4][5] Product Details - The Radical 'Rita is crafted with Lunazul® Blanco Tequila, Monin® Dragonfruit, Blue Curaçao, House-Made Sour, and garnished with a lime wedge and 90's-inspired swizzle sticks [5][7] - The drink changes color from pink and blue to vibrant purple when mixed with the swizzle stick [3][5] Marketing Campaign - Tiffani Thiessen, a notable figure from the 90's, features in a promotional video demonstrating the drink's color-changing feature [6][9] - The campaign aims to evoke 90's nostalgia and will be showcased on platforms like Peacock and streaming apps [9][10] Sales Strategy - The Radical 'Rita is part of Chili's Margarita of the Month program, which has been running since 2018, offering a rotating selection of margaritas at a low price [7][9] - In 2024, Chili's sold over 25 million margaritas, indicating strong demand for their affordable margarita offerings [7] Company Background - Chili's is a leader in the casual dining industry and is known for its diverse menu, including burgers, fajitas, and margaritas [11] - The company operates nearly 1,600 restaurants across 29 countries and has raised over $110 million for St. Jude Children's Research Hospital through guest donations [11]

Core Insights - Chili's has launched a promotional campaign called Fast Food Financing to address high fast food prices, offering gift cards to eligible guests who participate in a pop-up experience in New York City [1][4] - The new Big QP burger, part of the 3 For Me menu, is designed to provide better value than fast food options, featuring more beef and familiar flavors at a competitive price of $10.99 [2][3] Company Overview - Chili's is a leading brand in the casual dining industry, operated by Brinker International, Inc., known for its diverse menu including Big Mouth Burgers and Chicken Crispers, with nearly 1,600 locations across 29 countries [5] - The company emphasizes a celebratory dining experience and engages in community support initiatives, having raised over $110 million for St. Jude Children's Research Hospital [5] Product Offerings - The Big QP burger includes two slices of American cheese and 85% more beef than a Quarter Pounder, available as part of the 3 For Me menu which also includes bottomless chips and salsa, and an unlimited drink [2][6] - The Big QP joins the Big Smasher on the 3 For Me menu, which features twice the beef of a Big Mac, reinforcing Chili's commitment to providing value [3][7] Promotional Campaign - Fast Food Financing is a promotional initiative that does not involve actual loans or financial services, with gift cards available while supplies last for participants aged 18 and over [6] - The campaign aims to engage customers through social media giveaways and in-person experiences, enhancing brand visibility and customer interaction [4][6]