Dave & Buster's Entertainment, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2022
September 07, 2022 at 04:05 pm EDT
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Dave & Buster's Entertainment, Inc. reported earnings results for the second quarter and six months ended July 31, 2022. For the second quarter, the company reported sales was USD 311.36 million compared to USD 254.63 million a year ago. Revenue was USD 468.36 million compared to USD 377.64 million a year ago. Net income was USD 29.09 million compared to USD 52.77 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 0.59 compared to USD 1.07 a year ago.
For the six months, sales was USD 610.55 million compared to USD 434.21 million a year ago. Revenue was USD 919.46 million compared to USD 642.98 million a year ago. Net income was USD 96.07 million compared to USD 72.41 million a year ago. Basic earnings per share from continuing operations was USD 1.97 compared to USD 1.51 a year ago. Diluted earnings per share from continuing operations was USD 1.95 compared to USD 1.47 a year ago.
Dave & Buster's Entertainment, Inc. is an owner and operator of entertainment and dining venues. The Company owns and operates about 223 venues in North America that offer entertainment and dining experiences to guests through two distinct brands: Dave & Busterâs and Main Event. The Company has about 164 Dave & Buster's branded stores in 42 states, Puerto Rico, and Canada and offers guests the opportunity to Eat Drink Play and Watch, all in one location. Each store offers a full menu of entrees and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an assortment of entertainment attractions centered around playing games and watching live sports and other televised events. It also operates about 59 Main Event branded stores in 20 states across the country, and offers bowling, laser tag, hundreds of arcade games, and virtual reality. Each of its locations also offers full bar service, including a variety of beers, hand-crafted cocktails, and premium spirits.
DAVE & BUSTER'S ENTERTAINMENT, INC. 
