Tuesday, September 16, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Dave & Buster’s (PLAY) Q2 profit drops despite higher revenues; comp sales up 9.6%

by Staff Correspondent
September 12, 2022
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Dave & Buster’s Entertainment, Inc. (NASDAQ: PLAY), which operates a chain of casual dining and leisure facilities, has reported lower earnings for the second quarter of 2022, despite a double-digit increase in revenues even as comparable-store sales continued to recover from the recent slump.

The Dallas-based company reported a net income of $29.1 million or $0.59 per share for the July quarter, compared to $52.8 million or $1.07 per share in the same period of 2021. Adjusted EBITDA edged up to a record high of $119.6 million.

Meanwhile, second-quarter revenues increased 24% year-over-year to $468.4 million, reflecting a 9.6% growth in comparable store sales. Both operating segments registered double-digit revenue growth.


Check this space to read management/analysts’ comments on Dave & Buster’s Q2 results


“While we saw substantial headwinds during the quarter from wage and commodity inflation, we remained focused on driving revenue and strong cash flow while still working to mitigate these pressures with operational efficiencies and appropriate pricing actions. We have significant upside potential and with our continued focus on innovation, growth, and value creation, we are determined to deliver on that potential. We are excited about the future of this new organization and look forward to sharing our progress in the coming quarters,” said Chris Morris, chief executive officer of Dave & Buster’s Entertainment.



Source link

Tags: BusterscompDavedropshigherPlayProfitrevenuessales
Previous Post

Racial Slurs at Brigham Young University – It Never Happened?

Next Post

How adoption of a decentralized internet can improve digital ownership

Related Posts

How labor costs have affected corporate margins and stock performances – Goldman Sachs’ David Kostin (SP500:)

How labor costs have affected corporate margins and stock performances – Goldman Sachs’ David Kostin (SP500:)

by Monica L. Correa
September 15, 2025
0

Sep. 15, 2025 11:51 AM ETS&P 500 Index (SP500)PCG, XLU, IWM, XLB, MSFT, BBY, NRG, NVDA, AZO, MCHP, EXPD, MPWR,...

Here’s why banks, credit card companies are wary of buy now, pay later loans

Here’s why banks, credit card companies are wary of buy now, pay later loans

by Jeff Huang
September 15, 2025
0

Purchase now, pay later plans supply a sexy different to bank cards for customers: They permit purchases to be break...

Top Wall Street analysts bet on the potential of these 3 stocks for the long haul

Top Wall Street analysts bet on the potential of these 3 stocks for the long haul

by TipRanks.com Staff
September 15, 2025
0

Jaque Silva | Nurphoto | Getty PhotosThe newest earnings season has addressed traders' issues in regards to the synthetic intelligence...

Sachem Head is pushing for a Performance Food merger. Here’s why a deal makes sense

Sachem Head is pushing for a Performance Food merger. Here’s why a deal makes sense

by Kenneth Squire
September 14, 2025
0

Firm: Efficiency Meals Group (PFGC)Enterprise: Efficiency Meals Group is a meals and foodservice distribution firm that operates by three segments:...

Google Flights’ ‘No. 1 advice, always’ to score cheap airfare

Google Flights’ ‘No. 1 advice, always’ to score cheap airfare

by Greg Iacurci
September 14, 2025
0

Passengers stroll via the doorway of a TSA PreCheck in Terminal One at O'Hare Worldwide Airport in Chicago on Feb....

PlayVibe 1500-Piece Puzzle Board with Drawers and Cover only .09 shipped!

PlayVibe 1500-Piece Puzzle Board with Drawers and Cover only $39.09 shipped!

by Gretchen
September 12, 2025
0

Should you love puzzles, this Puzzle Board is a should! Amazon has this PlayVibe 1500 Piece Puzzle Board with Drawers...

Next Post
How adoption of a decentralized internet can improve digital ownership

How adoption of a decentralized internet can improve digital ownership

Trump legal team suggests materials might not be classified

Trump legal team suggests materials might not be classified

Contact Energy Limited (COENF) Shareholder/Analyst Call Transcript

Contact Energy Limited (COENF) Shareholder/Analyst Call Transcript

September 16, 2025
As Trump Expands Strikes on Cartels, Much is Still Unclear – The Cipher Brief

As Trump Expands Strikes on Cartels, Much is Still Unclear – The Cipher Brief

September 16, 2025
Politics And The Markets 09/16/25

Politics And The Markets 09/16/25

September 16, 2025
RBI issues guidelines for payment aggregators, licence now mandatory

RBI issues guidelines for payment aggregators, licence now mandatory

September 16, 2025
gold loans: Gold loans turn safe haven for low-income borrowers

gold loans: Gold loans turn safe haven for low-income borrowers

September 16, 2025
Monday Night Football: How to Watch Buccaneers vs. Texans, Chargers vs. Raiders Tonight

Monday Night Football: How to Watch Buccaneers vs. Texans, Chargers vs. Raiders Tonight

September 16, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Contact Energy Limited (COENF) Shareholder/Analyst Call Transcript

As Trump Expands Strikes on Cartels, Much is Still Unclear – The Cipher Brief

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In