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Dave & Buster's
🇺🇸 NASDAQ:PLAY
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•
Feb 04

Dave & Buster's Q4 2024 Earnings Report

Dave & Buster's reported weaker financial performance in Q4 2024 compared to the same quarter last year.

Key Takeaways

Dave & Buster's saw a decline in revenue and net income in Q4 2024, with comparable store sales falling amid operational missteps. However, leadership is optimistic, citing positive early trends in March and April and a renewed focus on core business execution.

Total Revenue
$535M
Previous year: $599M
-10.8%
EPS
$0.69
Previous year: $1.03
-33.0%
Comparable Store Sales
-9.4%
Store Operating Weeks
2.97K
Previous year: 3.05K
-2.6%
Revenue per Store Week
$180K
Previous year: $196K
-8.2%
Cash and Equivalents
$6.9M
Previous year: $182M
-96.2%
Total Assets
$4.02B
Previous year: $3.76B
+6.8%

Dave & Buster's

Dave & Buster's

Dave & Buster's Revenue by Segment

Dave & Buster's Revenue by Geographic Location

Forward Guidance

Dave & Buster’s expects improved performance in upcoming months driven by renewed operational focus and early positive trends in March and April.

Positive Outlook

  • March and April performance trends improved vs. Q4
  • Strong liquidity position of $510.4 million
  • No near-term debt maturities or financial covenants
  • Anticipation of 6+ international franchise openings in 12 months
  • High returns on new store investments

Challenges Ahead

  • Significant revenue and income decline in Q4
  • Ongoing impact from prior leadership decisions
  • Comparable store sales down 9.4%
  • Adjusted EBITDA dropped 16.2% YoY
  • Uncertainty in consumer behavior post operational missteps

Company Overview

Full financial data and analysis

View Dave & Buster's