Dave & Buster's Enter Q1 EPS $1.45 Beats $1.24 Estimate, Sales $597.30M Miss $601.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dave & Buster's reported Q1 earnings of $1.45 per share, beating the $1.24 estimate by 16.94%, and sales of $597.30M, missing the $601.71M estimate by 0.73%. This represents a 7.41% increase in earnings and a 32.41% increase in sales compared to the same period last year.
June 06, 2023 | 8:06 pm
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Dave & Buster's Q1 earnings beat estimates, but sales missed expectations. Earnings increased by 7.41% YoY, while sales grew by 32.41% YoY.
Dave & Buster's reported mixed Q1 results with earnings beating estimates and sales missing expectations. The 7.41% YoY increase in earnings and 32.41% YoY increase in sales show growth, but the sales miss may offset the positive impact of the earnings beat. This leads to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100