PLAY Earnings Prediction
The chart below shows how PLAY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PLAY sees a -1.60% change in stock price 10 days leading up to the earnings, and a -5.14% change 10 days following the report. On the earnings day itself, the stock moves by +0.63%. This data can give you a slight idea of what to expect for the next quarter's release.
PLAY Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
466.90M
-2.97%
-13.87%
Gross Margin
73.29%
-1.08%
-2.95%
Operating Margin
3.98%
-36.42%
-72.01%
Net Margin
-1.11%
-377.50%
-123.22%
EPS
-0.12
-400.00%
-120.00%
No Data Available
PLAY Earnings Analysis
Dave & Buster's Entertainment, Inc. Corporation (PLAY.O) Earnings Conference Call
Positive
Strategic Goals Progress: During the quarter, we continued to make progress towards our long-term strategic goals.
New Store Openings: We opened three new stores which are on track to generate strong cash-on-cash returns, as we have demonstrated throughout our history.
Remodel Completion Progress: We completed 11 newly fully programmed remodels and are on track to have 44 completed by the end of fiscal 2024.
Remodel Performance Impact: Our fully programmed remodels continue to outperform the rest of the store base, and we are excited for the opportunity these remodels give us to drive traffic, sales and EBITDA.
Loyalty Program Expansion: Our loyalty database now has over 7 million members. This is quite valuable as our loyalty members visit 2.5x more often and spend more with us over the course of their visits.
Negative
Comparable Store Sales Decline: Comparable store sales decreased 7.7% on a like-for-like calendar basis versus the prior period.
Quarterly Financial Performance: During the quarter, we generated revenue of $453 million, net loss of $33 million or $0.84 per diluted share, adjusted net loss of $17 million or $0.45 per diluted share and adjusted EBITDA of $68 million, resulting in an adjusted EBITDA margin of 15.1%.
Seasonal Quarter Performance: The third quarter is the lowest seasonal quarter from both the volume and EBITDA margin perspective.
Impact of Same-Store Sales: As a result, a decline in same-store sales has an outsized impact on year-over-year changes in adjusted EBITDA and adjusted EBITDA margin than in any other quarter of our fiscal year.
Operating Cash Outflow Analysis: We had a $7 million operating cash outflow during the third quarter, ending the quarter with a cash balance of $9 million for total liquidity of $546 million when combined with the $537 million available on our upsized $650 million revolving credit facility.
PLAY FAQs
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PLAY Earning Call Sentiment
Dave & Buster's Entertainment, Inc. (PLAY) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
PLAY.O
-1.41%Positive
The earnings call indicates several challenges: a net loss, declining EBITDA margin, and cash flow issues. Despite plans for growth and share repurchases, competitive pressures, economic factors, and seasonal variability pose risks. Management's responses in the Q&A lacked clarity, particularly on advertising impacts. The stock is likely to react negatively due to these uncertainties and financial struggles, compounded by the small-cap nature, leading to a predicted stock movement of -2% to -8%.
