Dave & Buster`s Entertainment Inc

NASDAQ:PLAY  
44.87
+0.65 (+1.47%)
Other Pre-Announcement

Dave & Buster’S Reports Q3 Loss Per Share Of $1.01

Published: 12/10/2020 21:51 GMT
Dave & Buster`s Entertainment Inc (PLAY) - Dave & Buster’s Reports Third Quarter Financial Results; Provides Commentary on Current Expectations for Fiscal Fourth Quarter.
Q3 Revenue $109.1 Million Versus Refinitiv Ibes Estimate of $109.4 Million.
Q3 Loss per Share $1.01.
Q3 Earnings per Share Estimate $-1.11 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Comparable Store Sales Declined 66%.
In Q4 Expects, Increased Store Labor Costs, Reflecting Co's Decision to Recall Key Store Leadership Positions.
Expects Increased Repair & Maintenance Costs in Q4.
Expects Reduction of Rent Abatements Due to Expiration of Landlord Agreements in Q4.
During First 5 Weeks of Q4 Through Dec 6, 2020, Co Saw Overall Comparable Store Sales Decline of 71%.