Welcome to our dedicated page for Dave & Busters Entmt news (Ticker: PLAY), a resource for investors and traders seeking the latest updates and insights on Dave & Busters Entmt stock.
Dave & Buster's Entertainment Inc (PLAY) operates at the intersection of casual dining and interactive entertainment, offering a unique blend of arcade gaming, sports viewing, and full-service dining. This news hub provides investors and industry observers with timely updates on corporate developments shaping the company's market position.
Track official press releases, earnings reports, and strategic announcements through our curated collection of PLAY stock news. The page serves as a centralized resource for understanding operational milestones, including venue expansions, menu innovations, and partnership agreements within the entertainment-dining sector.
Users will find updates categorized by material events including quarterly financial results, leadership changes, and competitive market analysis. Content is rigorously verified to ensure alignment with regulatory disclosures and factual accuracy.
Bookmark this page for efficient monitoring of Dave & Buster's business trajectory. Combine these updates with broader market context to inform your analysis of PLAY's performance in the evolving entertainment landscape.
Dave & Buster's (NASDAQ: PLAY) reported declining financial results for Q3 2024, with revenue decreasing 3.0% to $453.0 million and comparable store sales dropping 7.7%. The company posted a net loss of $32.7 million ($(0.84) per share), compared to a net loss of $5.2 million ($(0.12) per share) in Q3 2023.
The company announced a CEO transition as Chris Morris resigned, with Board Chair Kevin Sheehan serving as interim CEO. During Q3, the company opened three new stores, completed 11 remodels, refinanced debt with a new $700.0 million term loan, and continued share repurchases totaling $28.0 million.
Adjusted EBITDA decreased 16.3% to $68.3 million, while the company maintained strong liquidity with $537.4 million available under its revolving credit facility.
Dave & Buster's Entertainment (NASDAQ:PLAY) has announced it will release its third quarter 2024 financial results on Tuesday, December 10, 2024, after market close. The results will cover the period ended November 5, 2024. Management will host a conference call at 4:00 p.m. Central Time on the same day. Investors can access the live webcast through the company's investor relations website, or join via phone using the provided toll-free numbers. A replay will be available for one year after the call.
Dave & Buster's Entertainment (NASDAQ: PLAY) reported its Q2 2024 financial results. Revenue increased 2.8% to $557.1 million, while comparable store sales decreased 6.3%. Net income rose to $40.3 million ($0.99 per diluted share), up from $25.9 million in Q2 2023. Adjusted EBITDA grew 8.1% to $151.6 million. The company opened two new Dave & Buster's stores and remodeled nine existing locations. It also completed a sale-leaseback transaction for two stores, generating $45.0 million in proceeds. During Q2, the company repurchased $47.4 million of shares, bringing the year-to-date total to $60.0 million. Despite challenges in same-store sales, management expressed confidence in their strategic initiatives and future growth prospects.
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) has announced it will release its second quarter 2024 financial results on September 10, 2024, after market close. The company will host a conference call on the same day at 4:00 p.m. Central Time to discuss the results. Investors can access the live and archived webcast on the company's website under the Investor Relations section. For those preferring to dial in, toll-free and international numbers are provided. A replay of the call will be available for one year following the event.
Dave & Buster's announced its financial results for Q1 2024, revealing a 1.5% revenue decrease to $588.1 million compared to Q1 2023. Comparable store sales fell 5.6%, and net income dropped to $41.4 million from $70.1 million last year. Adjusted EBITDA decreased 12.6% to $159.1 million. The company repurchased $50 million worth of shares and executed a $45 million sale leaseback agreement. Key initiatives included opening four new stores and entering a partnership to develop five stores in the Philippines. Despite economic challenges, the company plans to reach $1 billion in Adjusted EBITDA in the coming years.
Hilton Grand Vacations (NYSE:HGV) announced the appointment of Gail Mandel to its board of directors, expanding the board to 10 members. Mandel, managing director of Focused Point Ventures, brings extensive hospitality, financial, and public company experience. She has previously served as president and CEO of Wyndham Destination Network, where she oversaw the $1.3 billion divestiture of Wyndham’s European Rentals business and completed over 12 acquisitions. Mandel is expected to leverage her expertise in timeshare, financial, and public company sectors to contribute to HGV's strategic direction. She also holds board positions at Sabre , Dave & Buster’s Entertainment, PureStar, and the Community Foundation of New Jersey.
Dave & Buster's Entertainment (NASDAQ: PLAY) announced it will release its first quarter 2024 financial results on June 12, 2024, after market close. The results will cover the period ending May 5, 2024.
Management will host a conference call the same day at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) to discuss these results. Dial-in options are available for both domestic and international participants. A replay of the call will be available for one year starting at 6:00 p.m. Central Time (7:00 p.m. Eastern Time) the same day.
Both the live and archived webcast can be accessed via the Investor Relations section of Dave & Buster's website.
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