Dave & Buster's Entertainment, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended February 04, 2024
April 02, 2024 at 09:05 pm
Share
Dave & Buster's Entertainment, Inc. reported earnings results for the fourth quarter and full year ended February 04, 2024. For the fourth quarter, the company reported sales was USD 378.9 million compared to USD 360.2 million a year ago. Revenue was USD 599.1 million compared to USD 563.8 million a year ago. Net income was USD 36.2 million compared to USD 39.1 million a year ago. Basic earnings per share from continuing operations was USD 0.9 compared to USD 0.81 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 0.8 a year ago.
For the full year, sales was USD 1,434.8 million compared to USD 1,286.1 million a year ago. Revenue was USD 2,205.3 million compared to USD 1,964.4 million a year ago. Net income was USD 126.9 million compared to USD 137.1 million a year ago. Basic earnings per share from continuing operations was USD 2.94 compared to USD 2.83 a year ago. Diluted earnings per share from continuing operations was USD 2.88 compared to USD 2.79 a year ago.
Dave & Buster's Entertainment, Inc. is an owner and operator of entertainment and dining venues. The Company owns and operates about 223 venues in North America that offer entertainment and dining experiences to guests through two distinct brands: Dave & Busterâs and Main Event. The Company has about 164 Dave & Buster's branded stores in 42 states, Puerto Rico, and Canada and offers guests the opportunity to Eat Drink Play and Watch, all in one location. Each store offers a full menu of entrees and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an assortment of entertainment attractions centered around playing games and watching live sports and other televised events. It also operates about 59 Main Event branded stores in 20 states across the country, and offers bowling, laser tag, hundreds of arcade games, and virtual reality. Each of its locations also offers full bar service, including a variety of beers, hand-crafted cocktails, and premium spirits.