Dave & Buster’s Q1 Earnings Preview: Strategic Revisions Amid Market Volatility
Dave & Buster’s Entertainment (PLAY) prepares to disclose Q1 FY25 results on June 10, with shares rallying 21% monthly yet remaining down 18% YTD. Analysts project a 9% EPS increase to $1.08, juxtaposed against an anticipated 3% revenue decline to $570.3 million. The company acknowledges prior missteps in marketing and operations, now pivoting to a 'back to basics' approach under revised leadership.
Raymond James analyst Brian Vaccaro maintains a Hold rating, trimming forecasts amid lingering execution risks. The entertainment chain’s turnaround narrative hinges on operational corrections, though market skepticism persists given macroeconomic headwinds.