Dave & Buster`s Entertainment Inc.
- Dave & Buster's Inc dropped 3.9% to $36.0 after the restaurant and entertainment company reported quarterly results that missed some investors expectations.
Second quarter revenue increased 15.7% to $542.1 million and net income declined to $25.9 million from $29.1 million and diluted earnings per share was 60 cents compared to 59 cents a year ago.
Comparable same store sales from a year ago declined 6.3% but rose 5.8% from the same period in 2019.
The Company purchased 2.1 million shares at a total cost of $74.5 million in the second quarter.
Total share repurchases to date in fiscal 2023 are 5.7 million shares totaling $200 million and representing 11.8% of the outstanding shares as of the end of fiscal 2022.
The company Board also expanded share repurchase authorization by $100 million to a total of $200 million.
Sep 7, 2023 - Dave & Buster's Entertainment Inc jumped 4.7% to $35.34 after the restaurant chain operator reported quarterly results ahead of market expectations.
Revenue in the first quarter increased 32.4% to $597.3 million and comparable sales including Main Event stores decreased 4.1% from a year ago.
Net income increased to $70.1 million from $67.0 million and diluted earnings per share advanced to $1.45 from $1.35 a year ago.
The company repurchased 3.6 million shares in the first quarter at a total cost of $125.5 million and subsequent to the end of the quarter, the company purchased an additional 2.1 million shares at a total cost of $74.5 million, bringing the total repurchases in fiscal 2023 to 5.7 million shares totaling $200.0 million, representing 11.8% of the outstanding shares as of the end of fiscal 2022.
The company signed two international franchise agreements for up to 15 stores in India and up to 5 stores in Australia.
Jun 7, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.81 | 1.45 | 0.60 | -0.12 | - | |
| 2022 | 0.53 | 1.35 | 0.59 | 0.04 | 2.79 | |
| 2021 | -1.13 | 0.4 | 1.07 | 0.21 | 2.21 | |
| 2020 | 0.89 | -1.37 | -1.24 | -1.01 | -4.75 | |
| 2019 | 0.75 | 1.13 | 0.9 | 0.02 | 2.94 | |
| 2018 | 0.86 | 1.04 | 0.84 | 0.3 | 2.93 | |
| 2017 | 0.63 | 0.87 | 0.71 | 0.29 | 2.5 | |
| 2016 | 0.53 | - | 0.50 | 0.25 | 1.28 | |
| 2015 | 0.32 | 0.46 | 0.40 | 0.12 | 1.3 | |
| 2014 | 0.34 | -0.42 | -0.13 | 0.00 | 0.06 | |
| 2013 | - | - | -0.31 | 0.00 | 0.26 | |
| 2012 | - | - | - | 0.00 | -45.58 |