Dave & Buster's Q4 Pro Forma Combined Comparable Store Sales (Including Main Event Branded Stores) Decreased 7.0% Compared With The Same Period In 2022 And Increased 8.0% Compared With The Same Period In 2019
Portfolio Pulse from Benzinga Newsdesk
Dave & Buster's reported a 7.0% decrease in Q4 pro forma combined comparable store sales year-over-year, but an 8.0% increase compared to 2019. This includes sales from Main Event branded stores.
April 02, 2024 | 8:07 pm
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NEUTRAL IMPACT
Dave & Buster's Q4 earnings reveal a 7.0% YoY decrease in comparable store sales but an 8.0% increase from 2019 levels, including Main Event stores.
The mixed results with a year-over-year decrease but an increase from 2019 levels suggest a neutral short-term impact on Dave & Buster's stock price. The decrease could concern investors about recent performance, while the increase from 2019 indicates recovery and growth potential.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90